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South America


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. ...
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...
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...
Eni Drills Successful Well Offshore Mexico
Mexico >> 3/23/2017 - Eni has successfully drilled the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs. ...
Drilling Rig Tender
Brazil >> 3/22/2017 - Petrobras clarifies that it offered for sale by auction, seven drilling rigs, due to the move to reduce costs that the company has been pursuing in line with its Strategic Plan/PNG 2017-21. ...
Melbana Plans to Drill Two Wells in Block 9 Onshore Cuba in 2018
Cuba >> 3/22/2017 - Melbana Energy Limited is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Block 9 ...
Melbana Energy Provides Block 9 Update in Cuba
Cuba >> 3/22/2017 - Melbana Energy Limited (MAY) is pleased to provide the following update on the significant exploration potential, drilling opportunities and forward drilling program in its 100% owned# onshore Cuba Bl...
Bahamas Petroleum Awarded Licence Extension Offshore Bahamas
Bahamas >> 3/21/2017 - Bahamas Petroleum Company, the oil and gas exploration company with a significant prospective resource in licences in The Commonwealth of The Bahamas, has provided an update on various activities. ...
Touchstone Announces Reduction in East Brighton Letter of Credit
Trinidad and Tobago >> 3/21/2017 - Touchstone Exploration Inc. (TXP) announces that the Trinidad and Tobago Minister of Energy and Energy Industries (MEEI) approved a reduction of the Company’s letter of credit supporting required work...
PetroRio Closing of Brasoil Acquisition
Brazil >> 3/20/2017 - PetroRio, ( (BM&FBOVESPA: PRIO3), in connection with the Material Facts dated December 21, 2016, January 02, 2017, February 10, 2017, February 27, 2017 and March 07, 2017, hereby informs its sharehold...
Touchstone Announces 2016 Reserves
Trinidad and Tobago >> 3/20/2017 - Touchstone Exploration Inc. (TXP) announces the results of the independent December 31, 2016 reserve evaluation (the Reserves Report) with respect to the Company’s crude oil reserves in the Republic o...
Drilling of Vaca Muerta Oil Resource Play
Argentina >> 3/17/2017 - Madalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...
Brazil Assets Acquisition Update
Brazil >> 3/17/2017 - Karoon Gas Australia Ltd (Karoon) would like to provide an update with respect to the disposal by Petroleo Brasileiro S.A. (Petrobras) of the Bauna and Tartaruga Verde fields following the 15 March 20...
NGC, Shell & PDVSA Finalize Historic Heads of Agreement
Trinidad and Tobago >> 3/17/2017 - The signing of a Heads of Agreement (HoA) among NGC, Shell and Venezuela’s state oil and gas company, Petroleos de Venezuela SA (PDVSA) and marked an historic chapter in the energy evolution of Trinid...
Venezuela & Trinidad and Tobago Sign Gas Supply Agreement
Venezuela & Trinidad and Tobago Sign Gas Supply Agreement Venezuela >> 3/17/2017 - The People’s Power Minister of Petroleum of the Bolivarian Republic of Venezuela, Nelson MartInez, and the Minister in the Office of the Prime Minister of the Republic of Trinidad and Tobago, Stuart Y...
Petrel Energy Announces Updates in Uruguay
Uruguay >> 3/16/2017 - The Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig in Colorado and trucking of the rig and considerable ancillary equipment to Ho...
President Energy Provides Reserves Update in Argentina
Argentina >> 3/15/2017 - President Energy (PPC), the oil and gas exploration company, provides the following reserves update on its Puesto Guardian Concession, Salta Province, Argentina. ...
Brazil Court Authorizes Resuming the Divestment Program
Brazil >> 3/15/2017 - Petroleo Brasileiro S.A, Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) issued, repealed the pr...
Latin America Oil Supply - March 2017
Latin America Oil Supply - March 2017 Brazil >> 3/15/2017 - Oil supply from Latin America is predicted to increase by 0.18 mb/d to average 5.30 mb/d in 2017, despite declining in 2016 by 90 tb/d. Oil production in Brazil is expected to increase by 0.26 mb/d, w...
Peterson Awarded Major 5 Year Contract to Support BP in Trinidad
Trinidad and Tobago >> 3/15/2017 - Peterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tob...
Alvopetro Announces Second Production Test from 198(A1) Well
Brazil >> 3/13/2017 - Alvopetro Energy Ltd. (ALV) is pleased to announce production test results from the second interval tested in our 198(A1) well. In January 2017, our 198(A1) well, located on Block 198 in the Reconcavo...
Range Resources Acquires RRDSL & Proposed Reverse Takeover
Trinidad and Tobago >> 3/13/2017 - RRDSL was previously owned by Range and sold to LandOcean Petroleum Corp. Ltd (LandOcean Petroleum), a Hong Kong based company wholly owned by LandOcean Energy Services Co. Ltd; (LandOcean) in May 201...
President Energy Provides Operations Update in Argentina
Argentina >> 3/10/2017 - President Energy (PPC), the oil and gas exploration company, provides the following update on its Argentina operations. ...
Platanillo Operations Update
Colombia >> 3/9/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update of operations in the Platanillo Field. ...
Selection of Partners for the Ayin and Batsil Fields
Mexico >> 3/7/2017 - The approval of the bidding process for the selection of a partner for the exploration and extraction of the Ayin and Batsil fields in the coastline of Tabasco, it strengthens the Petroleos Mexicanos ...
GeoPark Announces Further Expansion of Tigana/Jacana Oil Play
Colombia >> 3/2/2017 - 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...
Mexico to Launch Two Annual Oil Auctions Beginning in 2018
Mexico >> 3/2/2017 - Mexico's oil regulator will organize two annual oil auctions beginning in 2018, officials said, in a bid to further boost the number of private and foreign producers operating in the country. ...
Total & Petrobras Signed Definitive Contracts
Total & Petrobras Signed Definitive Contracts Brazil >> 3/1/2017 - Petrobras and Total inform that they have signed definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December,2016 Agreement. ...
Occidental Suspends Colombia Production After Rebel Attacks
Colombia >> 3/1/2017 - Crude oil production at the Cano Limon field, operated by US-based Occidental Petroleum Corp in northern Colombia, is being gradually suspended after an escalation of rebel attacks on its pipeline, mi...
Pemex, Chevron & INPEX Signed an Exploration Contract
Pemex, Chevron & INPEX Signed an Exploration Contract Mexico >> 2/28/2017 - Chevron, INPEX Corporation and Petroleos Mexicanos signed the contract for the Deep-water exploration and extraction of hydrocarbons in the corresponding licensing modality for block 3 North of the Pl...
Pemex Improves Its Annual Net Results by 400 Billion Pesos
Mexico >> 2/27/2017 - Petroleos Mexicanos improved its annual net results for 2016 by over 400 billion pesos, a reduction of losses equal to 58 per cent, as compared to 2015. The above was a result of a greater operating e...
LGO Announces Trinidad Drilling Update
Trinidad and Tobago >> 2/27/2017 - LGO confirmes that Rig#18 has been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir. Drilling operations ar...
PDVSA Intevep & Citgo Sign Agreement
Venezuela >> 2/25/2017 - After several months of joint work, PDVSA Intevep and Citgo Petroleum Corporation signed a three-year agreement on specialized technical and research and development assistance, staff exchange, and th...
Petrel Energy Says the New Rig Mobilized to Uruguay
Uruguay >> 2/24/2017 - The Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig are nearing completion and the rig mobilisation process has commenced with the...
PDVSA and ENPPI of Egypt Strengthen Bilateral Relations
Venezuela >> 2/24/2017 - The President of Petroleos de Venezuela S.A. (PDVSA), Eulogio Del Pino, held a meeting at La Campina PDVSA headquarters with Chief Executive Officer of Egypt's Engineering for the Petroleum and Proces...
YPF & Shell Agree on a Project Development in Argentina
YPF & Shell Agree on a Project Development in Argentina Argentina >> 2/23/2017 - Shell Argentina President Teofilo Lacroze and YPF President Miguel Angel Gutierrez signed an agreement on preliminary terms and conditions for the development of non-conventional hydrocarbons in Vaca ...
Brazil to Lower Oil Industry Local Content Rules by Half
Brazil >> 2/22/2017 - Brazil's government said it would relax local content rules for the oil industry as of September in an effort to attract foreign investment and lower costs that have hindered development of vast offsh...
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. ...

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