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South America


Zenith Sales Its Argentina Operations
Argentina >> 2/20/2017 - Zenith Energy Ltd. (ZEE) the dual listed international oil & gas production company is pleased to announce the sale of its operations in Argentina to a group of local energy investors. ...
President Energy Provides Update in Argentina Operations
Argentina >> 2/20/2017 - President Energy (PPC), the oil and gas exploration company, provides the following update on its Argentina operations. ...
Rosneft Starts Drilling the First Exploration Well at the Solimoes Project
Brazil >> 2/16/2017 - Rosneft Brasil (100% owned Rosneft subsidiary) started the drilling of the first exploration well in the Solimoes Basin. Rosneft is commencing the next phase of the exploration program in the Amazon r...
Brazil's Oil and Natural Gas Production in January
Brazil >> 2/15/2017 - Petroleo Brasileiro S.A. – Petrobras informs that its total oil and natural gas production in January was 2.86 million barrels of oil equivalent per day (boed), of which 2.74 million boed were produce...
Venezuela Signed 8 Oil Cooperation Agreements With China
Venezuela >> 2/14/2017 - Petroleos de Venezuela, S.A. (PDVSA) ratified its cooperation with the People's Republic of China in 8 agreements as part of the XV China-Venezuela Joint High Level Commission held in the Jose Felix R...
Operational Update in Trinidad
Trinidad and Tobago >> 2/13/2017 - LGO confirms that final approval was granted by the Forestry Department, to cut trees in order to clear the well sites for the impending two shallow infill wells at the Goudron Field (Field) in easter...
Ecuador to Pay ConocoPhillips $380M
Ecuador >> 2/8/2017 - ConocoPhillips’ (COP) wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International ...
Keppel Delivers FPSO P-66 for Brazil
Brazil >> 2/7/2017 - Keppel Offshore & Marine’s shipyard in Brazil, BrasFELS, has delivered P-66, the first of the Replicante series of Floating Production Storage and Offloading (FPSO) units, to Tupi BV Keppel Offshor...
Gran Tierra Energy Inc. Announces Sale of Brazil Business
Brazil >> 2/6/2017 - Gran Tierra Energy Inc., a company focused on oil and gas exploration and production in Colombia, is pleased to announce that a purchase and sale agreement was executed pursuant to which Maha Energy A...
Baron Oil Provides Update on Block Z-34
Peru >> 2/6/2017 - The Board of Baron Oil plc, the independent oil and gas exploration and production company, is pleased to provide an update on activities in Peru on Block Z-34. ...
Latin America Oil Supply - January 2017
Latin America Oil Supply - January 2017 Brazil >> 2/2/2017 - Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...
GeoPark Announces New Exploration Discovery In Colombia
Colombia >> 2/2/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
DOF Awarded New Contract in Brazil
Brazil >> 1/31/2017 - DOF's subsidiary Norskan Offshore Ltda has been awarded a 1+1 year contract with Petrobras for Skandi Botafogo. The contract will commence 15 February. Skandi Botafogo is an AHTS, UT 722L, built in Br...
Maersk to Sale of Brazil Oil and Gas Assets
Brazil >> 1/31/2017 - A.P. Moller-Maersk is considering selling its oil and gas business in Brazil as the shipping giant's energy group narrows operations in a restructuring, its chief executive said. ...
Operational Update in Altair and LLA-47 Licenses
Colombia >> 1/31/2017 - Further to the announcement made on 29 December 2016 regarding the Participation Agreements (Acuerdos de Cuentas en Participacion) executed with SLS Energy (SLS), and the drilling of four wells in the...
Venezuela's Paraguana Refineries at 42% of Capacity
Venezuela >> 1/31/2017 - Venezuela's Paraguana refining complex was operating at about 42 percent of capacity, a union official said, citing an internal report that came amid chronic unit stoppages in the crisis-hit OPEC coun...
Alvopetro Announces 198(A1) Well Results
Brazil >> 1/30/2017 - Alvopetro Energy Ltd. (ALV) is pleased to announce successful results from our 198(A1) well, located on Block 198 in the Reconcavo basin in the State of Bahia, Brazil. The 198(A1) well was drilled as ...
Pacific Appoints of Barry Larson as Chief Executive Officer
Colombia >> 1/30/2017 - Pacific Exploration & Production Corp. (PEN) is pleased to announce the appointment of Barry Larson as its new Chief Executive Officer, effective February 20, 2017. Mr. Larson will be based at the Com...
President Maduro Appointed New PDVSA Board of Directors
President Maduro Appointed New PDVSA Board of Directors Venezuela >> 1/29/2017 - The President of the Bolivarian Republic of Venezuela, Nicolas Maduro, during his program Los Domingos con Maduro, held in Ciudad Guayana, Bolivar state, appointed a new Board of Directors of Petroleo...
Deep Sea Awarded Brazilian Contract
Brazil >> 1/26/2017 - Deep Sea Supply is pleased to announce that the company has been awarded a new time charter contract for the AHTS vessel "Sea Tiger" for operations in Brazil. The firm period of the contract is 1 yea...
Zenith Energy Develop Midstream Assets in Mexico
Mexico >> 1/25/2017 - Zenith Energy, L.P, an international liquids and bulk terminaling company, announced that they have signed an agreement with one of the largest companies in Mexico to market and develop existing logis...
Spectrum Awarded 2D Seismic in Potiguar Basin, Brazil
Brazil >> 1/24/2017 - Spectrum is pleased to announce the commencement of a 6,000 km Multi-Client 2D survey offshore Brazil in the Potiguar Basin. ...
Amerisur Announces Update in Platanillo Field
Colombia >> 1/24/2017 - 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. ...
LGO Energy Operational Update & Quarterly Production
Trinidad and Tobago >> 1/24/2017 - LGO provides an operational update including plans for production drilling and enhanced oil recovery at the Goudron Field in Trinidad, its Trinidad South West Peninsula interests and Group production ...
Teekay LNG Contemplates Norwegian Bond Issuance
Bermuda >> 1/23/2017 - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) announces that it intends to issue new senior unsecured bonds in the Norwegian bond market through an add-on to its existing Norwegian bo...
Divestment Project of Shallow Water Assets
Brazil >> 1/23/2017 - Petroleo Brasileiro S.A, Petrobras informs that a Regional Federal Court issued a decision on January 18, 2017 to grant suspensive effect to Petrobras' appeal in the divestment project regarding the t...
Gran Tierra Provides Operational Update
Colombia >> 1/23/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, is pleased to provide an operational update. ...
Surge of Attacks Against the Cano Limon-Covenas Pipeline
Colombia >> 1/23/2017 - Ecopetrol reports that in the previous week seven attacks against the Cano Limon-Covenas oil pipeline were reported in rural areas of the municipalities of Teorama, Norte de Santander, and Arauquita, ...
New Auction for Peru South Gas Pipeline Project
Peru >> 1/23/2017 - The government of Peru said that it will not compensate an Odebrecht-led consortium for investments made in a $5 billion natural gas pipeline project after it rescinds the contract over a missed finan...
Touchstone Provides Operational & Corporate Update
Trinidad and Tobago >> 1/23/2017 - Touchstone Exploration Inc. (Touchstone) (TXP) is pleased to provide the following operational and corporate update. ...
Important Progress in the Recovery of Oil Prices
Important Progress in the Recovery of Oil Prices Venezuela >> 1/22/2017 - The Minister of Popular Oil, Nelson Martinez, offered statements following his first meeting of the OPEC Joint Monitoring Ministerial Committee and not OPEC, noting that it was very positive and that ...
Gamesa Wins 325MW Iberdrola Turbine Order in Mexico
Mexico >> 1/20/2017 - Gamesa has secured a 325MW turbine order from Spanish compatriot Iberdrola for the two wind projects the developer won in Mexico’s second renewables tender last year. ...
Odebrecht Ready to Return $5 B Pipeline Contract to Peru
Peru >> 1/20/2017 - A consortium controlled by Brazilian builder Odebrecht S.A. will miss a financing deadline on Monday for a natural gas pipeline project in Peru and awaits government notification that it will lose the...
BP’s Juniper Platform Sets Sail for Offshore Trinidad
Trinidad and Tobago >> 1/20/2017 - BP Trinidad and Tobago LLC (bpTT) announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT’s 14th offshore inst...
Leniency Agreement Provides for Reimbursement of Over $ 81 M
Brazil >> 1/19/2017 - Petrobras will receive approximately R $ 81 million from the British company Rolls-Royce, which entered into a leniency agreement with the Federal Public Prosecutor's Office (MPF) under Operation Lava...
PDVSA & Rosneft Strengthen Strategic Alliance
PDVSA & Rosneft Strengthen Strategic Alliance Venezuela >> 1/19/2017 - Petroleos de Venezuela, S.A. (PDVSA) and representatives of the Russian company Rosneft assessed the progress of various joint projects, including the offshore gas developments of the Mariscal Sucre p...
Petrobras Says Raises $4B in Bond Issue
Brazil >> 1/17/2017 - Brazil's state-controlled oil company Petrobras said that it had raised $4 billion in an international issue of bonds maturing in 2022 and 2017. ...
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017 Brazil >> 1/17/2017 - Brazil may hold a second licensing round this year for new oil exploration areas in an offshore region known as the sub-salt where massive discoveries have been made, the Energy Ministry said, as it l...
Operations at Venezuelan Oil Terminal Halted by Spill
Venezuela >> 1/17/2017 - Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reute...
YPFB & YPFB Chaco Sign Exploration Contracts for Two Areas
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and general manager of YPFB Chaco SA, Oscar Claros Dulon, signed two contracts for oil exploration services and exploitation in the Aguar...
Bolivia & Argentina Sign Exploration Agreement
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and president of YPF, Miguel Angel Gutierrez, signed the Oilfield Services Contract for exploration and exploitation of the area Charagua...
Petrobras Awarded DOF Pipe-Lay Vessel Contract
Brazil >> 1/16/2017 - Petrobras has awarded the Brazilian built PLSV, Skandi Vitoria, a contract of 532 days. The contract will commence in January. ...
Subsea 7 Announces Early Contract Termination Offshore Brazil
Brazil >> 1/16/2017 - Subsea 7 S.A. (SUBCY) announced the early termination of the day-rate contract for Subsea 7's Pipelay Support Vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil, effective 16 January 20...
Guyana’s Government Creating a Petroleum Directorate
Guyana’s Government Creating a Petroleum Directorate Guyana >> 1/16/2017 - The Ministry of Natural Resources is working to have a Petroleum Directorate established and functioning within the first quarter of 2107. ...
Mexico's IEnova Will Invest $800M in 2017
Mexico >> 1/16/2017 - Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy, will invest $800 million this year on eight projects, the company's chief executive said. ...
Drilling Program in Bolivia in 2017
Bolivia >> 1/13/2017 - Oilfield Fiscales Bolivianos (YPFB) scheduled for this management drilling 18 exploratory wells in the country, the president of the state oil company, William M. Acha said. ...
New ANP Directors Take Office In Rio de Janeiro Ceremony
Brazil >> 1/12/2017 - The inauguration ceremony of the ANP's director general, Decio Oddone, and director Felipe Kury was held at the Itamaraty Palace, in Rio de Janeiro. ...
ExxonMobil Announces New Oil Discoveries Offshore Guyana
Guyana >> 1/12/2017 - ExxonMobil announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well ta...
President Energy Provides Operational Update in Argentina
Argentina >> 1/11/2017 - President Energy (PPC), the oil and gas exploration company provides the following update on its Argentina operations. ...
Halliburton & Petrobras Enters Technology Agreement
Brazil >> 1/11/2017 - Halliburton (HAL) announced a technology cooperation agreement with Petrobras (PBR) that will advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt...
Petrobras Reaches Its Production Target
Brazil >> 1/11/2017 - Petroleo Brasileiro S.A., Petrobras reports that the Company’s average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above the results...
Petrobras to Invest $19B in 2017
Brazil >> 1/11/2017 - Petroleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above last year's, signaling that efforts to reduce debt and preserve cash are helping B...
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico Mexico >> 1/11/2017 - Renaissance Oil Corp. (Renaissance) (ROE) is pleased to announce that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and ...
Gran Tierra Announces Status of Peruvian Assets
Peru >> 1/11/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, announced that management of Gran Tierra is evaluating a proposal relating to the Company's asse...
Important Impetus to the Development of Non-Conventional
Important Impetus to the Development of Non-Conventional Argentina >> 1/10/2017 - The President of the Nation, Mauricio Macri, announced an important agreement with the province of Neuquen, the companies and the oil unions to promote the exploitation of oil and non-conventional gas...
Mexico's Protests Cause Critical Border City Fuel Shortage
Mexico >> 1/10/2017 - Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting ov...
AESA Launches Loma Campana Oil Treatment Plant
Argentina >> 1/9/2017 - The construction and start-up project led by AESA included detailed engineering, logistics and provision of supplies, equipment manufacturing, electromechanical construction and assembly, pre-commissi...
Petrobras to Buy Back Up to $2 Billion of Debt in Cash
Brazil >> 1/9/2017 - Petroleo Brasileiro SA has launched a program to buy back up to $2 billion of existing bonds in cash and the offering of new debt, as the world's most indebted oil company seeks to refinance debt matu...
Amerisur Announces Successful Drilling of Platanillo-24 Well
Colombia >> 1/9/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on the drilling of well Platanillo-24 in Colombia. Platanillo 24 has been drill...
Peru Would Retain Money from Odebrecht Deal
Peru >> 1/9/2017 - Peru would withhold any money Brazil's Odebrecht SA might make by selling its 55 percent stake in a natural gas pipeline project while prosecutors probe bribes the company has admitted to distributing...
Petrotrin & OWTU Sign Memorandum of Agreement
Trinidad and Tobago >> 1/9/2017 - Strike action has been averted at Petrotrin following extended conciliation talks at the Ministry of Labour and Small Enterprise Development. ...
Thousands of Mexicans Protest Gasoline Price Hikes
Mexico >> 1/7/2017 - Mexicans angry over a spike in gasoline prices took to the streets of Mexico City after days of protests spurred looting in hundreds of stores, resulting in over a thousand arrests in Latin America's ...
DOF’s Anchor Handler Contract in Argentina
Argentina >> 1/5/2017 - DOF has been a awarded a 3 years firm contract + 2 years options with Total Austral in Argentina for the vessel Skandi Pacific. The contract will commence in 2 quarter. ...
Petrobras Revises the Price of Fuels
Brazil >> 1/5/2017 - According to our pricing policy announced in October 2016 , the Executive Group Markets and Prices (GEMP) decided to raise the price of diesel at the refinery by 6.1% on average. The new values start ...
Wartsila to Supply 40 MW Fast Track Power Plant to Argentina
Argentina >> 1/4/2017 - Wartsila will supply a 40 MW Smart Power Generation plant to Mendoza, Argentina, for Methax S.A., a special purpose company owned by Grupo Galileo. The value of the order is approximately EUR 25 milli...
Closing of Petrobras Chile Sale
Brazil >> 1/4/2017 - Petroleo Brasileiro S.A, Petrobras, further to the Material Fact disclosed on July 22, 2016, informs that it has completed, the sale of 100% of Petrobras Chile Distribuicion Ltda (PCD) to the Southern...
Latin America Oil Supply - December 2016
Latin America Oil Supply - December 2016 Brazil >> 1/4/2017 - Brazil’s liquids supply is expected to average 3.14 mb/d in 2016, an increase of 0.08 mb/d over the previous year. Preliminary crude oil production shows a decrease of 50 tb/d, m-o-m in October to ave...
Fluor Awarded EPC Contract for Refinery Project in Chile
Fluor Awarded EPC Contract for Refinery Project in Chile Chile >> 1/4/2017 - Fluor Corporation (FLR) announced that it was awarded a contract by Empresa Nacional del Petroleo (ENAP) for the engineering, procurement and construction of a new process unit at its Biobio refinery ...
La Cira Infantas Field Achieved a Production of 40 Thousand bpd
Colombia >> 1/4/2017 - Cira Infantas, Colombia's oldest oil field in Santander, surpassed December 31 production of 40,000 barrels per day, thanks to a campaign that took place last September, which included the drilling of...
Drilling Update in Goudron Field
Trinidad and Tobago >> 1/4/2017 - LGO is pleased to provide a further update on its plans to recommence production drilling at the Goudron Field in Trinidad. The Company's local operating subsidiary, Goudron E&P Limited (GEPL), has re...
Venezuela President Names New Economy Czar, Oil Minister
Venezuela >> 1/4/2017 - Venezuelan President Nicolas Maduro named legislator Ramon Lobo as the country's new economy czar and tapped oil industry veteran Nelson Martinez, who has led U.S. owned refiner Citgo, to serve as oil...
Petrobras & JV Hand Back Piracuca Oil Concession
Brazil >> 1/3/2017 - Brazil's state-controlled oil company Petroleo Brasileiro SA and Repsol Sinopec, a joint Spanish-Chinese venture in the country, are handing back exploration rights at the Piracuca field in the Santos...
ENAP & YPF Announce Operational Update of PIAM Project
Chile >> 1/3/2017 - ENAP Sipetrol Argentina complied with one of the key stages of the Magallanes Area Incremental Project (PIAM): the arrival of the ship that will run the new gas pipeline from Faro Virgenes to the AM2 ...
Successful Drilling & Testing of Tigana Sur 4 in Colombia
Colombia >> 1/3/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
Mexican Protesters Cause Critical Situation
Mexico >> 1/3/2017 - Blockades of fuel storage terminals by protesters angered by a double-digit increase in gasoline prices has led to a "critical situation" in at least three Mexican states, state oil company Pemex said...
Range Resources Provides Trinidad Operational Update
Trinidad and Tobago >> 1/3/2017 - Range Resources is pleased to provide an update on the progress of its operations in Trinidad with the following highlights: ...
ANP Raises Minimum Lubricant Performance Level
Brazil >> 1/2/2017 - The ANP has raised the minimum performance level of the automotive lubricants marketed in the country. Since December 31, 2016, lubricants produced in Brazil and imported lubricants must meet the perf...
Maersk Drilling Secures New Contract for Repsol Colombia
Colombia >> 1/2/2017 - Maersk Drilling has been awarded a one well contract with Repsol Colombia for the deepwater semi-submersible, Maersk Developer. The contract covers the drilling of the Siluro-1 Exploration Prospect we...
Gasoline Supply Continues to Be Regularized
Mexico >> 1/1/2017 - Petroleos Mexicanos reports that the supply of gasoline and diesel continues to be regularized at service stations that had low levels of fuel inventories. ...
Emerging and Developing Economies - December 2016
Emerging and Developing Economies - December 2016 Brazil >> 12/29/2016 - In Brazil, GDP contracted by 2.9% y-o-y in 3Q16 following declines of 5.4% and 3.6%, respectively, in 1Q16 and 2Q16. The slowing pace of private consumption – which accounts for nearly 65% of the GDP ...
Technip & Venezuelan Firms Will Refurbish Aruba Refinery
Venezuela >> 12/29/2016 - A consortium formed by France's Technip and Venezuela's Tecnoconsult and Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day refinery, the Caribbean island's government said. ...
Eco-Stim Energy Provides Update on Various Contracts
Argentina >> 12/28/2016 - EcoStim (ESES), is providing a brief update on the status of various contract opportunities as communicated in the Company's most recent conference call in mid-November. At that time, the Company had ...
Petrobras Closes Deal to Sell Its Interest in Guarani
Brazil >> 12/28/2016 - Petroleo Brasileiro S.A. informs that its wholly-owned subsidiary Petrobras Biocombustivel S.A. (PBIO) celebrated on this date with Tereos Participations SAS, a company under French group Tereos, the ...
Petrobras Approved Signing Agreement for Companies Sale
Brazil >> 12/28/2016 - Petroleo Brasileiro S.A.informs that, in a meeting held its Board of Directors approved the signing of the agreement for the sale of Companhia Petroquimica de Pernambuco (PetroquimicaSuape) and Compa...
Lula Accounts for More Than 25% of Brazilian Oil Production
Brazil >> 12/28/2016 - Total production of oil and natural gas in Brazil in November was approximately 3.307 million of barrels of oil equivalent per day. Oil production totaled 2.609 million barrels per day, a decrease of ...
Mexico's Deep Water Awards in 2016
Mexico's Deep Water Awards in 2016 Mexico >> 12/28/2016 - In 5 December 2016, Mexico awarded eight out of ten blocks in its deep water round, R01-L04, with large Companies like Chevron, Exxon and Total among the winners of the National Hydrocarbons Commissio...
QGEP Buys Premier Oil’s Stake in Block FZA-M-90
Brazil >> 12/27/2016 - QGEP Participacoes S.A. (QGEP) announces that it has entered an agreement to assume the 35% ownership stake that its partner, Premier Oil do Brasil Petroleo e Gas Ltda. (Premier), holds in exploratory...
Bullerengue Sur-1 Discovers Gas in The Colombian Caribbean
Colombia >> 12/27/2016 - HOCOL, a subsidiary of the Ecopetrol Group, reports that the Bullerengue Sur-1 well, located 30 kilometers from Barranquilla, in the department of Atl?ntico, verified the presence of natural gas. ...
Mexico Maximum Prices For Gasoline & Diesel in January 2017
Mexico >> 12/27/2016 - There will be 83 regions in the interior of the country and seven in the northern border. The differences between regions correspond to different transport and logistics costs. The maximum prices will...
Venezuela Announces Implementation of Oil Production Cut Deal
Venezuela >> 12/27/2016 - PDVSA announces the implementation of the agreement to reduce production reached by member and non member countries of the Organization of the Petroleum Exporting Countries (OPEC). Under the agreement...
A Record Year for the Pre-Salt in Brazil
A Record Year for the Pre-Salt in Brazil Brazil >> 12/26/2016 - The year 2016 consolidated the pre-salt as the country's largest oil producer. In November, the region reached the milestone of one billion barrels of oil produced in the accumulated . Later this year...
Argentine Province to Auction Six Vaca Muerta Oil & Gas Blocks
Argentina >> 12/24/2016 - Gas y Petroleo del Neuquen SA (GyP), the oil and gas company owned by Argentina's Neuquen province, plans to auction exploration rights to six blocks in the Vaca Muerta shale play, local media reporte...
Amerisur Drills Platanillo 24
Colombia >> 12/23/2016 - Amerisur Resources Plc (Amerisur), the oil and gas producer and explorer focused on South America, is pleased to announce that it has commenced drilling operations on well Platanillo 24 on Pad 3N in t...
FPSO P-68 Arrives in Santos Basin for Integration
Brazil >> 12/22/2016 - Jurong Shipyard, in Aracruz (ES), received the hull of the P-68 platform yesterday, the third unit in the series of replicates that will meet the oil production demands of the Santos Basin pre-salt. T...
Petrobras Employees in Campos Basin Approve Strike
Brazil >> 12/22/2016 - Employees at Brazilian state-controlled oil company Petroleo Brasileiro SA working at Campos Basin, the largest oil-producing area in the country, approved a strike to begin Friday, an oil workers uni...
Petroecuador to Import High Octane Naphtha
Ecuador >> 12/22/2016 - The public company Petroecuador awarded the company PTT International Trading PTE. LTD. The importation of 3'120,000.00 barrels of Naphtha from Alto Octano Ron 93. The company awarded a spread of +3.4...
Mexico Delays Next Phase of Oil & Gas Auctions by Three Months
Mexico >> 12/22/2016 - Mexico will delay until June 19 the announcement of winners for the next phase of its oil and gas sector opening to allow more companies to take part and to incorporate modifications suggested by indu...
Pacific Headway in Liberalizing Mexico Offshore Oil & Gas Market
Mexico >> 12/22/2016 - Pacific Radiance Ltd. (Pacific Radiance or the Group), a provider of integrated offshore marine support services, is making further headway in the fast liberalising Mexican offshore oil & gas (O&G) m...
Total & Petrobras Signed an Assets Package Agreement
Total & Petrobras Signed an Assets Package Agreement Brazil >> 12/21/2016 - Total and Petrobras signed an Assets Package Agreement in the framework of their Strategic Alliance announced in October 2016. This agreement reinforces the joint partnership and cooperation between t...
PetroRio Purchase of Interest in Brasoil
Brazil >> 12/21/2016 - PetroRio, (PetroRio) hereby informs the execution, through one of its subsidiaries, of a Share Purchase Agreement aiming to purchase the indirect interest equivalent to 23.19% held by Goldman Sachs &...

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