News
June 11, 2026
Ocean Installer has secured a multi-year contract from Equinor for well tie-in and subsea installation work on the Bacalhau field offshore Brazil, marking the company's entry into one of the world's largest subsea markets.
News
June 10, 2026
Chevron, YPF and Pluspetrol are expected to commit volumes to a $3 billion natural gas liquids project in Argentina's Vaca Muerta shale basin, a move that could pave the way for final investment approval and help ease infrastructure constraints on future production growth.
News
June 10, 2026
Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin, expanding its partnership with Equinor and strengthening its exploration portfolio in one of the country's key offshore regions.
News
June 09, 2026
Pampa Energía has selected Halliburton to support a multi-year digital transformation program across its Vaca Muerta operations, deploying reservoir modeling, logistics optimization and AI-enabled workflows as the company targets production growth by 2027.
News
June 05, 2026
At ARPEL 2026, industry leaders said Latin America's biggest challenge is no longer resource availability, but building the infrastructure and regulatory certainty needed to turn that potential into reliable energy supply. Executives pointed to Vaca Muerta as a model for future regional growth.
News
June 04, 2026
India is seeking deeper energy ties with Venezuela, including expanded crude imports and potential upstream investment opportunities, as the Iran conflict and disruptions to Strait of Hormuz traffic drive efforts to diversify oil supplies.
News
June 03, 2026
Transportadora de Gas del Sur is pursuing a roughly $1 billion financing package to support its $3 billion Vaca Muerta NGL project, a major infrastructure development designed to expand processing, transportation and export capacity for Argentina's growing shale sector.
News
June 02, 2026
Venezuelan Acting President Delcy Rodríguez will meet Indian Prime Minister Narendra Modi as India increases Venezuelan crude imports amid supply disruptions linked to the Iran conflict and continued uncertainty surrounding the Strait of Hormuz.
News
June 01, 2026
Parex Resources has completed its $500 million acquisition of Frontera E&P's Colombian assets, adding approximately 37,000 boed of production and establishing the company as Colombia's largest independent oil and gas producer.
News
May 29, 2026
Heli-One has opened the first Sikorsky-authorized S-92 customer support center in Brazil, expanding maintenance and overhaul capabilities for offshore oil and gas helicopter operators across South America.
News
May 29, 2026
SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031.
News
May 27, 2026
African investors and energy companies are increasingly targeting Brazil’s pre-salt developments and Argentina’s LNG infrastructure expansion as part of a broader push to diversify upstream and energy investments beyond domestic markets.
News
May 26, 2026
ExxonMobil and ConocoPhillips are negotiating potential re-entry into Venezuela’s upstream sector while seeking stronger investment protections, contract stability and mechanisms to recover billions tied to past nationalizations.
News
May 22, 2026
The African Energy Chamber is promoting new upstream investment opportunities across Africa to South American operators, highlighting LNG expansion, shale gas development and frontier exploration activity across the continent.
News
May 21, 2026
ConocoPhillips CEO Ryan Lance said Venezuela’s revised oil framework still falls short of what international operators need to justify major upstream investment, citing high government take and unfavorable contract terms.
News
May 20, 2026
BW Energy has approved the Bourdon offshore development in Gabon and new Golfinho infill wells offshore Brazil, targeting production growth above 100,000 bopd by 2028.
News
May 19, 2026
Tecnofink and CorrosionRADAR have partnered to introduce corrosion under insulation monitoring technology to Brazil, targeting improved asset integrity and maintenance planning across industrial and energy infrastructure.
News
May 18, 2026
YPF has submitted a $25 billion RIGI investment proposal tied to its LLL Oil development in Argentina’s Vaca Muerta shale, targeting 240,000 bopd of export-focused production by 2032.
News
May 18, 2026
Eco Atlantic has secured court approval for its proposed acquisition of JHI Associates, advancing plans to acquire a 35% interest in the PL001 offshore Falkland Islands license operated by Navitas Petroleum.
News
May 15, 2026
Venezuela has begun circulating draft oil and gas regulations and proposed contract models outlining fiscal, operational and technical rules for foreign companies seeking to invest in the country’s energy sector.
News
May 14, 2026
ABL has been appointed marine warranty surveyor for Subsea7’s transportation and installation campaign supporting the Mero 3 and Mero 4 offshore Brazil developments in the Santos basin.
