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Zama-1 Exploration Well Has Been Spudded in Mexico
Mexico >> 5/22/2017 - Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25 per cent) in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 on 21 May 2017. This i...
ExxonMobil to Launch Service Stations and Fuels in Mexico
Mexico >> 5/17/2017 - ExxonMobil announced its plans to enter the Mexican fuels market in 2017 with Mobil-branded stations and its new signature line of advanced Synergy™ gasoline and diesel fuels. ...
Heerema Fabrication Awarded Peregrino II Jacket Contract
Heerema Fabrication Awarded Peregrino II Jacket Contract Brazil >> 5/16/2017 - Heerema Fabrication Group has been awarded the Procurement & Construction contract of the Peregrino II Jacket by South Atlantic Holding B.V. on behalf of the Statoil Peregrino II project. ...
Sale of Azulao Field in Amazonas Basin
Brazil >> 5/15/2017 - Petroleo Brasileiro S.A. – Petrobras informs that it has started the disclosure phase of the Teaser regarding the transfer of Petrobras’ stake in the Azulao Field, in the Amazonas Basin. ...
Uruguay Update Rig and Equipment on First Drill Site
Uruguay >> 5/15/2017 - The Directors of Petrel Energy Limited (PRL) are pleased to announce that the New Force rig has been mobilised to site and is in final stages of setup with drilling to commence following final onsite ...
Puerto La Cruz Refinery Conversion to Receive New Financing from Hyundai
Venezuela >> 5/15/2017 - The president of Petroleos de Venezuela, SA (PDVSA), Eulogio Del Pino, received a high-level delegation from Hyundai Engineering & Construction, the main contractor for the Deep Conversion Project at ...
Odebrecht O&G Nears $5B Debt Restructuring Deal
Brazil >> 5/12/2017 - Odebrecht Oleo & Gas SA, the offshore oil drilling firm owned by Brazil's Odebrecht SA, has obtained support from more than 60 percent of its creditors for a restructuring of about $5 billion in debt,...
Wintershall Starts First Pilot Well in Argentina
Argentina >> 5/11/2017 - Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...
Output Production Expansion in Pre-salt Fields
Brazil >> 5/11/2017 - Petrobras is entering fourth cycle of expansion in the company history with the production obtained in the pre-salt. This is a major milestone for us, which we reached by overcoming challenges, develo...
Saipem Awarded EPCI Contract by ExxonMobil for Liza Field
Saipem Awarded EPCI Contract by ExxonMobil for Liza Field Guyana >> 5/10/2017 - Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil. Located approximat...
Petroperu & Canada's Pacific Consider Developing Amazon Field
Peru >> 5/5/2017 - Peru's state-run oil company Petroperu and Canada's Pacific Exploration & Production Corp (PEN.TO) are considering a partnership to develop a dormant oilfield in Peru's Amazon region, the companies sa...
CNPE Publishes Resolution Authorizing for the 2nd Round
Brazil >> 5/4/2017 - The National Council of Energy Policy (CNPE) published in the Official Gazette of the Union, CNPE Resolution No. 2/2017, which authorizes ANP to hold the 2nd Round of Bids for Exploratory Petroleum Bl...
ANP & Procon Sign Agreement to Control Fuel Quality
Brazil >> 5/4/2017 - ANP and Procon / PA signed a technical cooperation agreement aimed at strengthening the regulation of fuel supply in Para. The agreement provides, among other things Actions, surveys carried out by se...
Drilling of Vikingo1 Exploratory Well in LLA-47
Colombia >> 5/4/2017 - Interoil is pleased to announce the continuation of its 2017 drilling campaign. The drilling of the exploratory well Vikingo 1, located in LLA-47 block - Llanos Basin, started on April 30th in order t...
Atlas Copco Completes Acquisition of Brazilian Compressor Company
Brazil >> 5/3/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipmen...
Atlas Copco Completes Acquisition of Pump Rental Business in Brazil
Brazil >> 5/3/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Itubombas Locacao Comercio Importacao e Exportacao Ltda, a pump rental company in the Brazilian ...
Canacol Energy Tests Canahuate-1 Discovery
Colombia >> 5/3/2017 - Canacol  Energy  Ltd.  (Canacol)  (CNE)  is  pleased  to  provide  the  following  update  for  the  Canahuate  1  exploration  well,  the  Corporations  seventh consecutive gas discovery in the Lower...
Successful Exploration in the Colombian Caribbean Deep-Water
Colombia >> 5/3/2017 - Ecopetrol S.A. (EC) reports that the Gorgon-1 exploratory well showed presence of gas in the Colombian Caribbean deep-water, in zones with depths ranging between 3,675 and 4,415 meters below average s...
Eni Has Successfully Drilled the Amoca-2 Well at Amoca Field
Mexico >> 5/3/2017 - The President of Mexico Enrique Pena Nieto and Eni's Chief Executive Officer Claudio Descalzi met in Mexico City. During the working meeting, also attended by the Secretary of Energy Pedro Joaquin Col...
LGO Energy announces Operational Update in Trinidad
Trinidad and Tobago >> 5/3/2017 - LGO is pleased to announce progress on its Trinidad and Tobago operations in Goudron and the South West Peninsula. ...
PetroVietnam Says Venezuela Oil Project Still Stalled
Venezuela >> 5/3/2017 - PetroVietnam's joint venture with Venezuela's state-run oil company PDVSA remains stalled but the Vietnamese company hopes ongoing talks will lead to reactivation of operations, a top executive for th...
CNH & Pemex Sign a Contract for Ek and Balam Fields
Mexico >> 5/2/2017 - As a representative of the Nation, the National Hydrocarbon Commission has signed with Pemex Exploracion and Produccion, the State’s Production Company, the Contract for Crude Oil Drilling under the s...
Joint Operating Agreement for the TSP Fields
Trinidad and Tobago >> 5/1/2017 - The National Gas Company of Trinidad and Tobago Limited (NGC) and TSP Operator Perenco T&T Limited, recently met to close-out several historical TSP related items under the Joint Operating Agreement f...
Schlumberger Executes Seismic Survey Contract in Campeche Basin
Schlumberger Executes Seismic Survey Contract in Campeche Basin Mexico >> 4/28/2017 - Schlumberger announced that Petroleos Mexicanos (Pemex) has signed an agreement to license data from the WesternGeco Campeche wide-azimuth (WAZ) multiclient seismic survey in the Salina del Istmo prov...
Mexican Oil Regulator Approves First Onshore JV Projects
Mexico >> 4/28/2017 - Mexico's first two onshore oil and gas projects to be developed by joint ventures between state-owned Pemex and new partners were approved by regulators. ...
Total Sanctions the Development of Vaca Muerta Shale Resources
Total Sanctions the Development of Vaca Muerta Shale Resources Argentina >> 4/27/2017 - Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the Group will also increase its interes...
Mexico's Pemex Approves New Deepwater Gulf JV
Mexico >> 4/27/2017 - The board of Mexico's state-owned oil company Pemex on Thursday approved its second-ever deep water joint venture covering the Nobilis-Maximino block in the country's territorial Gulf waters. ...
Pemex Approves Farm Out in Ultra-Deep Waters of the Gulf of Mexico
Mexico >> 4/27/2017 - The Board of Directors of Petroleos Mexicanos authorized to send the request for the migration to a joint venture for the exploration and extraction in the Nobilis-Maximino Block, which is located in ...
Argentina Authorizes Natural Gas Exports to Uruguay
Argentina >> 4/26/2017 - Argentina's government authorized the export of up to 350,000 cubic meters (12.4 million cubic feet) of natural gas per day to neighboring Uruguay for the next two years, its official gazette said. ...
Magallanes Regional Council Approved ENAP Wind Farm Project
Chile >> 4/26/2017 - By 06 votes in favor, the Regional Council (CORE) of Magallanes approved in an extraordinary session the development of the ENAP Wind Farm project, an initiative that will provide 10 MW of power to th...
Venezuela Talks Over Gas Deals to Allow Mixed Currency Payments
Venezuela >> 4/26/2017 - Venezuela is renegotiating licenses for its natural gas projects to incorporate mixed payments in local currency and U.S. dollars for gas sales, said a gas companies' union. ...
ENAP Refinery Aconcagua Begins to Normalize Operations
Chile >> 4/25/2017 - After the 6.9 Richter earthquake that affected the Region of Valparaiso at 6:38 p.m. and caused the interruption in the electricity supply, Aconcagua Refinery proceeded to a thorough inspection and te...
Canacol Energy Acquired Interest in the SSJN7 E&P Contract
Colombia >> 4/25/2017 - Canacol Energy Ltd. (CNE) is pleased to announce that it has purchased Pacific Exploration and Production’s (PEP) 50% operated interestin the SSJN7 Exploration and Production (E&P) Contract for a cons...
TechnipFMC Awarded Subsea Contract for ExxonMobil Liza
Guyana >> 4/25/2017 - TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep water project. ...
Uruguay to Tender 17 Offshore Blocks for Exploration
Uruguay >> 4/25/2017 - Uruguayan state oil company Ancap said it will tender 17 off-shore blocks for exploration in areas up to 3,000 meters deep, with offers to be presented in April 2019. ...
Fluor Awarded Offshore Compression Platform FEED by BP
Fluor Awarded Offshore Compression Platform FEED by BP Trinidad and Tobago >> 4/24/2017 - Fluor Corporation (FLR) announced that it was selected by BP Trinidad and Tobago (BP) to perform the front-end engineering and design (FEED) for the Cassia Compression Project off the east coast of Tr...
YPF First Wind Farm Project in Argentina
Argentina >> 4/23/2017 - With the arrival of the main components of the wind turbines to the port of Comodoro Rivadavia, the construction of our first wind farm at the Manantiales Behr field in the province of Chubut is progr...
Rotork IQ3 Actuators Selected for Brazilian Water Treatment Plant Upgrade
Brazil >> 4/21/2017 - The upgrade at the Rio Manso WTP at Brumadinho in the south east of Brazil involved the building of an additional filter plant, the replacement of obsolete actuators on existing plant and the introduc...
Atlas Copco to Acquire Pump Rental Business in Brazil
Brazil >> 4/21/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Itubombas Locacao Comercio Importacao e Exportacao Ltda, a pump rental company in the Brazilian market. ...
Amerisur Resources Spudded Well Platanillo-21
Colombia >> 4/21/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on operations in the Platanillo field in Colombia. ...
Spectrum Commence 2D Multi-Client Seismic Offshore Argentina
Spectrum Commence 2D Multi-Client Seismic Offshore Argentina Argentina >> 4/20/2017 - Spectrum is pleased to announce the commencement of a 35,000 km Multi-Client 2D seismic survey covering 435,000 km2 offshore the deep waters of Argentina in cooperation withYPF S.A. and the authorizat...
Brazil Oil Demand - April 2017
Brazil Oil Demand - April 2017 Brazil >> 4/20/2017 - In February 2017, oil demand in Brazil eased by 68 tb/d, or around 3% y-o-y. Total oil consumption in the country was 2.27 mb/d. The decline was led by fuel oil and ethanol, which eased by around 35% ...
CNPC Approves Chengzhuang CBM Block Development Plan
Chile >> 4/20/2017 - Green Dragon Gas , one of the largest independent companies involved in the production and sale of Coal Bed Methane (CBM) gas in China, has announced that the Qinshui Basin Chengzhuang Cooperative CBM...
Interoil Announces Oil Discovery at C7 Formation
Colombia >> 4/20/2017 - The Company is pleased to announce that the Turaco 1 well has tested oil in the upper section of the C7 formation. The Turaco-1 well has been finalized and logs from selected sections of the C7 Forma...
Amerisur Resources Announces Operations Update
Colombia >> 4/20/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on operations in the Platanillo field in Colombia. ...
YPF & PentaNova Partner to Develop the Llancanelo Block
Argentina >> 4/19/2017 - Miguel Gutierrez, president of YPF, and Warren Levy, a pair of Patagonia Oil Corp, an affiliate of PentaNova Energy Corp, signed a terms and conditions agreement for the development of the Llancanelo ...
TechnipFMC & DOF Commenced a Charter Contract with Petrobras
Brazil >> 4/19/2017 - TechnipFMC (FTI) and DOF Subsea (DOF) announce that the Skandi Buzios, a pipelay support vessel (PLSV) owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year ch...
Vopak Expands in the Port of Santos, Brazil
Brazil >> 4/19/2017 - Royal Vopak announces that it will expand its wholly-owned terminal in Alemoa, which is located in Brazil's Port of Santos, Latin America's largest port. ...
Siem Helix 1 Commences Operations in Brazil
Brazil >> 4/19/2017 - Helix Energy Solutions Group, Inc. (HLX) announced that the Siem Helix 1 has commenced operations offshore Brazil and is on contract for Petroleo Brasileiro S.A. The vessel will be performing well int...
Codelco Awards Jacobs a Contract for Chuquicamata Mine Project
Chile >> 4/19/2017 - Jacobs Engineering Group Inc. (NYSE:JEC) has received a contract from Codelco to provide engineering, procurement and field support services for the overhaul of acid plants at the Chuquicamata Mine in...
Shell Opens Treatment Plant in Argentina Shale Play
Argentina >> 4/18/2017 - Royal Dutch Shell PLC inaugurated a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play, one of the world's largest. ...
Peru to Issue up to $3b in Bonds to Finance State
Peru >> 4/18/2017 - Peru is expecting to issue up to $3 billion in bonds in the international market in the first half of 2017 to finance Petroperu, Energy and Mining Minister Gonzalo Tamayo. The funds would be used to h...
Well GY-683 on Initial Production at 80 bopd
Trinidad and Tobago >> 4/18/2017 - LGO is pleased to announce that its second development well, GY-683, in the new drilling campaign on the Company's Goudron Field, which was drilled to a total depth of 1,250 feet measured depth and pe...
Sale Process of BM-S-8 Exploration Block
Brazil >> 4/17/2017 - Petrobras informs that became aware of the decision by the 2nd Federal District Court (Sergipe state) that granted an injunction to suspend the transfer of Petrobras’ stake in the BM-S-8 exploration b...
U.S Judge Approves $2.6 Billion Fine for Odebrecht
Brazil >> 4/17/2017 - A U.S. judge on Monday sentenced Brazilian engineering company Odebrecht SA to pay $2.6 billion in fines in a massive criminal corruption case, signing off on a plea deal between the company and U.S.,...
BP Starts Up Trinidad Onshore Compression Project
Trinidad and Tobago >> 4/13/2017 - BP Trinidad and Tobago LLC (bpTT) announced the start-up of the Trinidad onshore compression (TROC) project - one of seven major upstream projects BP expects to bring online in 2017. ...
YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta
YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta Argentina >> 4/12/2017 - Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Angel Gutierrez, signed an agreement to start a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen. ...
SAExploration & Hocol Sign Agreement for Geophysical Services
Colombia >> 4/12/2017 - SAExploration Holdings, Inc. (SAEX), or SAE, announced the signing of a three year agreement with Hocol S.A. to be its provider of seismic acquisition services in Colombia. Founded in 1956, Hocol S.A...
NADL Signs $1.4 Billion Rigs Contract with ConocoPhillips
Bermuda >> 4/11/2017 - North Atlantic Drilling Ltd (North Atlantic) has secured 10-year contract awards for the jack-ups West Elara and West Linus with ConocoPhillips Skandinavia AS (ConocoPhillips) for work in the Greater ...
CNPE Approves the 3rd Round of the Pre-Salt
Brazil >> 4/11/2017 - The first Extraordinary Meeting of the National Energy Policy Council (CNPE) 2017 was held in the Ministry of Mines and Energy (MME), chaired by Minister Fernando Coelho Filho. In meeting it approved ...
OMERS Announces First Investment in South America
Chile >> 4/11/2017 - Borealis Infrastructure, the infrastructure investment manager of OMERS, is pleased to announce that it has signed an agreement to acquire a 34.6% stake in GNL Quintero S.A., (GNLQ). Remaining shareho...
OMERS Announces First Investment in South America
Chile >> 4/11/2017 - Borealis Infrastructure, the infrastructure investment manager of OMERS, is pleased to announce that it has signed an agreement to acquire a 34.6% stake in GNL Quintero S.A., (GNLQ). Remaining shareho...
YPF Among Bidders for Shell's Argentina Refinery
Argentina >> 4/10/2017 - Argentina’s state-run oil company YPF SA is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina, according to two people familiar with the process. ...
Wood Group Wins Two-Engineering Contracts with Premier & Karoon
Brazil >> 4/10/2017 - Wood Group was awarded a multi-year contract from Karoon Petroleo & Gas to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the ...
Minor Spill Incident in Monteagudo - Cerrillos Pipeline
Bolivia >> 4/7/2017 - Heavy rains and mudslides that hit Chaco Chuquino caused damage to the pipeline that runs from Campo Monteagudo to Cerrillos Station, 3.5 kilometers from the MGD-24 well, operated by Repsol. ...
Lady Safely Sets Sail for Brazil
Brazil >> 4/7/2017 - Teekay is pleased to share that thanks to the efforts of everyone at the yard, as well as those working on shore, our lady safely set sail on March 28 from the Singapore yard for her resident Libra fi...
Long Term Contract for CSV Normand Oceanic
Mexico >> 4/7/2017 - Solstad Offshore ASA (SOFF) has, on behalf of the partly owned company Normand Oceanic AS, entered into an agreement with the Mexican company Typhoon Offshore (an affiliate of Grupo Salinas). ...
Wood Group Wins Engineering Contract for Echidna Field Development
Brazil >> 4/6/2017 - Wood Group was awarded a multi-year contract from Karoon Petroleo & Gas to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the ...
Shallow Water JV Auction with Mexico's Pemex Pushed Back
Mexico >> 4/6/2017 - Mexico's oil regulator voted to delay the auction for the country's second joint venture with state oil company Pemex to October 4, from June 19, in order to give interested firms more time to evaluat...
Second Successful Infill Well in Goudron Field
Trinidad and Tobago >> 4/6/2017 - LGO, the oil and gas company with reserves, resources and production onshore in Trinidad, is pleased to announce that its second new development well GY-683 in the 2017 drilling campaign on the Compan...
Ecopetrol Restarts Cano-Limon Oil Pipeline After Attacks
Colombia >> 4/5/2017 - Colombian state oil company Ecopetrol has restarted the country's second-largest oil pipeline, the Cano-Limon Covenas, after a series of bomb attacks halted movement of crude for seven weeks. ...
Atlas Copco to Acquire Brazilian Compressor Manufacturer
Brazil >> 4/4/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. ...
Ecosse Subsea Systems Awarded a Seabed Clearance Project on Beatrice Windfarm
Brazil >> 4/4/2017 - Ecosse Subsea Systems (ESS) has been awarded a seabed clearance project on the £2.6bn Beatrice Offshore Windfarm Ltd (BOWL) in the Outer Moray Firth. The subsea technology company will conduct boulder...
Sale of Interest in Nova Transportadora do Sudeste Completed
Brazil >> 4/4/2017 - Petroleo Brasileiro S.A. – Petrobras informs that it concluded the sale transaction announced on September 23, 2016, of 90% of the company's shares in Nova Transportadora do Sudeste (NTS) to Nova Infr...
PGS Announces Vision Program in Brazil Santos Basin
Brazil >> 4/3/2017 - Following last year's announcement by the Brazilian Ministry of Energy and Mines of a 2017 Pre-Salt Unitization Auction and Exploration Round, PGS is introducing its latest leading-edge technology to ...
Oil Production Increases 14.6% Compared to February 2016
Brazil >> 4/3/2017 - In February 2017, oil production in Brazil totaled 2.666 billion barrels per day (bbl / d). The volume represents a growth of 14.6% in relation to the same month in 2016 and a decrease of 0.4% in comp...
LGO Energy Spuds GY-683 Well, Goudron Field
Trinidad and Tobago >> 4/3/2017 - LGO is pleased to confirm that well GY-683 was spudded on Friday 31 March 2017 with Rig#18 at the Goudron Field in eastern Trinidad. The well is currently drilling ahead at a depth in excess of 350 fe...
Petrotrin to Resume Bunkering Operations
Trinidad and Tobago >> 4/3/2017 - Petrotrin is set to resume its bunkering operations following the wet lease charter of a Tanker ‘Valme B’ which arrived in Trinidad on 2017 March 29. The vessel will be on hire to Petrotrin for a on...
ANP's Notice on Government Participation in Lula Field
Brazil >> 3/31/2017 - Petroleo Brasileiro S.A. – Petrobras informs that Consortium BM-S-11 received, on March 30th, 2017, a notice issued by the National Petroleum, Natural Gas and Biofuels Agency - ANP, regarding Lula Fie...
Enel & ENAP Connect to the Grid First Geothermal Plant in South America Cerro Pabell?n
Chile >> 3/31/2017 - South America’s first geothermal power plant Cerro Pabell?n, which was built by the Enel Group’s renewable energy subsidiary Enel Green Power Chile Ltda. (“EGPC”) and Chile’s state-owned hydrocarbons ...
NGC & bpTT Completed New gas Supply Agreement
Trinidad and Tobago >> 3/31/2017 - NGC Chairman Gerry C Brooks is pleased to announce that the NGC Team has substantially completed negotiations on a new supply agreement which would support the sanction of the Angelin project. BP prop...
Argentina's YPF & Total & Partners to Invest $500M in Vaca Muerta
Argentina >> 3/30/2017 - Argentina's state-run oil company YPF SA will make a joint $500 million shale gas investment with Pan American Energy LLC, Total Austral SA and Wintershall Energia SA in the Vaca Muerta formation, acc...
Petrobras Withdrew the Sale of Bauna and Tartaruga Verde
Brazil >> 3/30/2017 - Petrobras has now notified Karoon that the process relating to the sale of Bauna and Tartaruga Verde has been withdrawn.    ...
FPSO P-69 Enters the Phase of Completion
Brazil >> 3/30/2017 - The FPSO P-69 hull arrived, at the Brasfels shipyard, in Angra dos Reis (RJ). This integration site will include the installation of the modules on the hull, the interconnection of all the equipment o...
Ecopetrol Announces Oil Discovery at Santander
Colombia >> 3/30/2017 - Ecopetrol S.A. (EC) reports that the Boranda-1 well discovered the presence of crude in the Magdalena Middle Valley, municipality of Rionegro, department of Santander. ...
Petroecuador Signs $95M Contracts with Alcohol Companies
Ecuador >> 3/30/2017 - With the presence of the Minister of Hydrocarbons, Mr. Jose Icaza, the Petroecuador Public Company and the companies Consorcio Artesanal Cado, Producargo SA, Codana SA and Soderal SA, signed a USD 95 ...
ExxonMobil Announces New Oil Discovery Offshore Guyana
Guyana >> 3/30/2017 - Exxon Mobil Corporation (XOM) announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered i...
ExxonMobil Announces New Oil Discovery Offshore Guyana
Guyana >> 3/30/2017 - Exxon Mobil Corporation announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in prev...
President Energy Provides Operations Update in Argentina
Argentina >> 3/29/2017 - President Energy (AIM: PPC), the oil and gas exploration company provides the following update on its Argentina operations. ...
ALE Lifts the World’s Heaviest Land Based Crane Lift
Brazil >> 3/29/2017 - ALE has performed the world’s heaviest commercial lift using a land based mobile crane, whilst executing an FPSO (Floating Production, Storage and Offloading) integration project in Brazil. ...
Interoil Reached Agreement with the ANH
Colombia >> 3/29/2017 - The company previously announced that the Court had rejected a reconsideration motion filed with the Court to try to overturn the Court's decision to not ratify the settlement agreement reached with t...
Fugro Boosts Specialist Oil and Gas Services in Guyana
Guyana >> 3/29/2017 - Fugro is to boost its marine site characterisation services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The...
Crude Spill Hits Venezuela Oil Port
Venezuela >> 3/29/2017 - Venezuelan state oil company PDVSA confirmed reports of a crude spill from a pipeline connecting its main oil-exporting complex with a tanker loading facility, but said shipments have not been affecte...
Canacol Energy Operational Update in Colombia
Colombia >> 3/28/2017 -  Canacol Energy Ltd.(Canacol) is pleased to provide an update on the Mono Capuchino 1ST exploration well and the Corporation’s drilling program. ...
Reelection of Petrobras CEO
Brazil >> 3/27/2017 - Petroleo Brasileiro S.A, Petrobras reports that in the meeting held yesterday Petrobras' Board of Directors approved the reelection of CEO Pedro Pullen Parente for a two-year term in the Company's Exe...
Canacol Energy Announces 2P Reserves of 85 MMBOE
Colombia >> 3/27/2017 - Canacol Energy Ltd. (Canacol) (CNE) is pleased to report its light, medium and heavy crude oil and conventional natural gas reserves and deemed volumes for the fiscal year end December 31, 2016. The C...
Sherritt Announces Initial Drilling Results on Block 10
Cuba >> 3/27/2017 - Sherritt International Corporation (Sherritt) announces preliminary results for the exploration well Litoral-100 (LT-100) drilled directionally on the 261 km2 Block 10 Production Sharing Contract conc...
Marubeni to Participate in Gas-Fired Power Plant in Jamaica
Jamaica >> 3/24/2017 - Marubeni Corporation (Marubeni) is pleased to announce its participation in the Old Harbour gas-fired power station (Old Harbour Project) in Jamaica through its 40% interest in the Jamaica Public Serv...
Tecpetrol Launches the Development Plan of Fortin de Piedra
Argentina >> 3/23/2017 - Tecpetrol launches the development plan of Fortin de Piedra, in Vaca Muerta. It will require an investment of US $ 2.3 billion in the first phase until 2019. It provides for the drilling of 150 wells ...
Clarifications on the Libra Pilot Project
Brazil >> 3/23/2017 - Petroleo Brasileiro S.A., Petrobras and its partners are committed to implementing the production sharing agreement (PSA) for the Libra area, executed in 2013 and for which Libra Pilot, the first defi...

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