Maha Energy has some of Brazil’s most productive onshore wells
Maha Energy targets onshore Brazilian ramp-up
The operator is expanding its footprint in the country’s northeast and has drilling plans for the Middle East
Onshore-focused Brazilian independent Maha Energy may have been knocked off course by production disruptions in Q2, but the Sweden-headquartered operator is still sticking to its annual output guidance of 4,000-5,000bl/d oe. Power outages and setbacks at the company’s core Tie and Tartaruga fields, in the Reconcavo and Sergipe-Alagoas basins respectively, caused company production to slide by 14pc compared with Q2 2020. “The Tie field was the main culprit for our reduced production numbers for the quarter,” explains Jonas Lindvall, Maha CEO. 4,000-5,000bl/d oe – 2021 production guidance And some doubt that lost barrels over the first half of the year can be offset. “We previously sai
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
