Latin America ///
Eco Atlantic released an update on the processing and interpretation of recently acquired 2,550 sq km of 3D seismic on the company’s Orinduik Block, offshore Guyana.
Echo Energy plc, the Latin American focused upstream oil and gas company, has announced gas to surface on the first well of a three-well workover campaign at the Company's Fracción D asset, onshore Argentina.
BP has announced that it has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).
Aquaterra Energy, a leading global offshore engineering solutions provider, has announced that it has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago.
ExxonMobil got such a favorable deal from Guyana, the country should rewrite its tax laws, the IMF said.
Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras.
Echo Energy plc, the Latin American focused upstream oil and gas company, is pleased to announce the mobilization of the rig for a three well workover campaign at the Company's Fracción D asset, onshore Argentina.
OPEC crude production dropped to the lowest in a year amid the woes in Venezuela’s oil industry.
TGS announces the Brazil Southern basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective pre-salt trend where many untested structures exist.
Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.
Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (Shell), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks.
Argentina’s energy minister, a millionaire who spent decades at Royal Dutch Shell Plc, is wooing the world’s biggest oil companies to invest in a nation still recovering from its 2001 default.
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on March 29. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.
As the global natural gas trade expands amid a boom in supplies from the U.S. to Australia, at least one major energy consumer may be sitting on the sidelines: Brazil.
Argentina is readying a tender for a $500 million train line that could help unlock the potential of Vaca Muerta, one of the world’s biggest shale plays, Transport Minister Guillermo Dietrich said in an interview.
Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years.
Petrobras has announced that it has started the opportunity disclosure stage regarding the transfer of Petrobras’ total stake in the Piranema and Piranema Sul fields.
Today, strict global onshore and offshore disposal standards are applicable industry-wide. One of the requirements specifies that free fluid must be removed from all cuttings. This can result in increased costs for operators due to higher treatment, disposal and transportation costs.
Emily Querubin, World Oil
TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.