Latin America ///

Aker Solutions wins services contract with Brazilian major

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos basin offshore Brazil.

Total to acquire a 25% working interest in the Orinduik Block, offshore Guyana

Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in Namibia and Guyana, is delighted to announce that Total E&P Activités Pétrolières, a wholly owned subsidiary of Total Petroleum SA (Total), has exercised its option to acquire a 25% working interest in the Orinduik Block, offshore Guyana, from Eco Atlantic (Guyana) Inc., a wholly owned subsidiary of the Company.

Ecuador holds open licensing round for eight onshore blocks

Carlos Pérez Garcia, Minister of Energy and Non-renewable Resources in Ecuador has announced an open licensing round for eight blocks onshore Ecuador, in Sucumbíos Province. These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino.

Amerisur Resources spuds Pintadillo-1 well, in Colombia

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, has announced that the spudding of Pintadillo-1, in the central part of the Platanillo Block, using Rig D-10, occurred on Aug. 30, 2018.

ExxonMobil adds ninth discovery offshore Guyana

ExxonMobil has announced its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.

Trinidad inks gas deal with Venezuela to continue LNG exports

Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela.

GeoPark discovers new gas field in Chile

GeoPark Limited has announced the successful drilling and testing of the Jauke-1 exploration well, in the Fell Block (GeoPark operated, 100% working interest) in Chile.

Conoco to recover $2 billion in agreement with Venezuela

ConocoPhillips said it will recover about $2 billion in a settlement pact with Petroleos de Venezuela, the state-owned oil company, for oil assets seized in 2007.

Frontera Energy Corp. announces positive drilling results in Colombia

Frontera Energy Corporation has announced positive drilling results from the Acorazado-1 well located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased in preparation for testing.

New products and services

Michele Cowart, World Oil

Plenty-brand screw and vane pumps from SPX Flow are engineered to pump heavy viscous fluids, and are ideal for forced lubrication of rotating machinery and fuel transfer processes.

People in the industry

Emily Querubin, World Oil

Anadarko Petroleum Corporation has named Mitch Ingram, formerly executive V.P., international and deepwater operations and project management, to the post of executive V.P., international, deepwater and exploration.

Shell Brazil invests in solution for inspecting FPSO tanks

Aberdeen-based inspection technology and service provider for the oil and gas industry, Innospection, Shell Brazil and SENAI CIMATEC technology institute in Salvador, Brazil, have recently signed a partnership agreement to develop a robot-based technology for in-service inspection of cargo oil tanks of FPSOs.

Petrobras announces start of binding phase for sale of onshore concessions

Petrobras, following up on the disclosures made on 09/22/2017 and 03/02/2018, informs the beginning of the binding phase related to the full sale of its exploration, development and production rights in onshore fields of SergipeTerra 2 Cluster, located in Sergipe state.

President Energy provides update on Puesto Flores/Estancia Vieja Concession in Argentina

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update in relation to its workover programme at the Puesto Flores/Estancia Vieja Concession (the Concession) in Rio Negro Province, Argentina.

Echo Energy reports notable gas column at fourth well of Argentina drilling campaign

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced the successful completion of drilling of the CSo-2001(d) well in which a notable gas column has been interpreted from the wireline logging suite.

Companies in the news

Michele Cowart, World Oil

Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.

People in the industry

Michele Cowart, World Oil

EnerMech has appointed Salvatore Cutino as regional director for Africa, based in Cape Town, South Africa.

Steel tariffs: A campaign promise the oil industry hoped Trump would not keep

David Blackmon, Contributing Editor

On March 1, U.S. President Donald Trump announced 25% tariffs on imported steel and aluminum. The E&P industry is telling Congress and the administration that this is a bad idea. The real question is “Why Was Anyone Surprised?”

Ecopetrol announces new oil finding at Cundinamarca, Colombia

Ecopetrol reports that Búfalo-1 well confirmed the presence of oil in the Valle Medio del Magdalena, located near the town of Guaduas, Department of Cundinamarca.

Equinor aligns partnership in Brazil’s Carcará area

Equinor and Barra Energia have signed an agreement for Equinor to acquire Barra’s 10% interest in the BM-S-8 licence in Brazil’s Santos basin.