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Statoil Acquires 25% of the Roncador Field in Brazil for $2.9B
Statoil Acquires 25% of the Roncador Field in Brazil for $2.9B Brazil >> 12/18/2017 - Statoil ASA (STO) and Petroleo Brasileiro S.A. - Petrobras (Petrobras) have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos Basin in Brazil. The transactio...
Forgemasters Wins Major Offshore Contract with Shell
Mexico >> 12/15/2017 - Sheffield Forgemasters has won a major contract with Shell for offshore castings for use in the Gulf of Mexico (GoM). Following a contract win earlier this year with Samsung Heavy Industries for the f...
Petrobras and ExxonMobil Form Strategic Alliance
Brazil >> 12/14/2017 - Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. ...
Eni Completes Area 1 2017 Drilling Campaign Offshore Mexico
Mexico >> 12/12/2017 - Eni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of the Amoca and M...
Schuepbach Energy's Cerro de Chaga-1 Well Temporarily Suspended
Uruguay >> 12/11/2017 - Petrel Energy Limited announces that Schuepbach Energy Uruguay SRL (SEU) has temporarily suspended operations at the Cerro de Chaga-1 well to review operations and strategy over the Christmas New Year...
Mexico Oil Regulator Cancels Deep Water Pemex Tie-up Auction
Mexico >> 12/8/2017 - Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction. ...
CGG Releases Multi-client Airborne Gravmag Survey over Perdido Fold Belt
Mexico >> 12/7/2017 - CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38,000 line km over the Perdido Fol...
GeoPark Announces Further Extension of Tigana Field
Colombia >> 12/6/2017 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, announced th...
Petrobras Signs $5B Financing Agreement with CDB
Brazil >> 12/5/2017 - Petrobras has signed with China Development Bank (CDB) a financing agreement of US$5 billion with maturity in 2027. Petrobras has also signed a commercial agreement with Unipec Asia Company, establish...
ION Nearly Quadruples 2D Multi-client Data Offshore Argentina
Argentina >> 12/4/2017 - ION Geophysical Corporation is offering a 2D multi-client data package offshore Argentina in advance of the 2018 license round. ION has delivered a regional framework consisting of approximately 30,0...
Venezuela PDVSA Boss Says Oil Contracts to be Reviewed in Graft Probe
Venezuela >> 12/3/2017 - The new president of Venezuelan state oil company, Major General Manuel Quevedo, said on Sunday that oil service contracts would be reviewed as part of an alleged crackdown on graft sweeping the OPEC ...
Statoil Awarded Exploration License Onshore Argentina
Statoil Awarded Exploration License Onshore Argentina Argentina >> 11/30/2017 - As part of the Argentina’s Gas y Petroleo del Neuquen’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration license as operator in the Neuquen basin. ...
BP & Copersucar to Form a New Joint Venture in Brazil
Brazil >> 11/30/2017 - BP Biofuels and Copersucar announced that they have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with...
Petrobras Submits Declaration of Commerciality of the Libra Northwest Area
Brazil >> 11/30/2017 - Petrobras, as the Operator and acting on behalf of the Libra Consortium, announces that it submitted the declaration of commerciality to the Brazil’s National Petroleum, Natural Gas and Biofuels Agenc...
Sinopec to Sell Argentina Oil Assets for Up to $600M
Argentina >> 11/28/2017 - China’s Sinopec has decided to sell its oil assets in Argentina for $500 million to $600 million to Mexican company Vista Oil & Gas, a source with knowledge of the deal told Reuters. ...
ANP Approves Beginning of the Permanent Offer of Areas
Brazil >> 11/28/2017 - The board of the ANP approved the beginning of the process of permanent supply of areas for exploration and production of oil and natural gas. The process, provided for in article 4 of CNPE Resolution...
Brazil’s Giant Libra Field Comes On Stream
Brazil >> 11/27/2017 - Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The floating production, storage and o...
Carlos Trevino Medina Appointed as New Pemex CEO
Mexico >> 11/27/2017 - Today, the President of Mexico, Enrique Pena Nieto, appointed Carlos Alberto Trevino Medina as the new CEO of Petroleos Mexicanos, to substitute Jose Antonio Gonzalez Anaya, who acted as the head of ...
Pemex Stake in Nobilis-Maximino Deep Water Tie-up to be Cut
Mexico >> 11/24/2017 - The stake held by Mexican state oil firm Pemex in the potentially lucrative Nobilis-Maximino deep water tie-up near the U.S. maritime border will be cut from 49 percent to 40 percent, an official at t...
Enel Wins Long-Term Renewable Tender in Mexico
Mexico >> 11/23/2017 - Enel S.p.A. ("Enel"), acting through its renewable energy subsidiary Enel Rinnovabile S.A. de C.V. (“ERinnovabile”), has been awarded the right to sign a number of contracts in Mexico to supply energy...
Trinity's Sale of Trinidad West Coast Assets to Range Resources Fails to Gain approval
Trinidad and Tobago >> 11/23/2017 - Trinity, the independent E&P company focused on Trinidad and Tobago, provides an update regarding the proposed sale of its West Coast Assets. On 11 August 2017, Trinity announced that it had entered i...
Bolivia Signs $1.6 bln in Gas Deals with Repsol and Petrobras
Bolivia >> 11/22/2017 - Bolivia’s government on Tuesday signed natural gas development deals with Spain’s Repsol, Brazil’s Petrobras, and Royal Dutch Shell that are expected to bring nearly $1.6 billion in investment into th...
Sale of Azulao Field
Brazil >> 11/22/2017 - Petrobras, further to the Material Fact of 05/15/2017 and Press Release of 06/19/2017, informs that it has signed, with the company ENEVA SA, through its subsidiary Parnaiba Gas Natural SA, the contra...
Colombia's Ecopetrol to invest up to $4 bln in 2018
Colombia >> 11/22/2017 - Colombia’s state-run oil company Ecopetrol said on Wednesday it would invest between $3.5 billion and $4 billion during 2018, the majority in production and exploration projects. ...
Argentina to Extend Gas Production Subsidies to Austral Basin
Argentina >> 11/17/2017 - Argentina will extend subsidies for unconventional natural gas production to the Austral basin in the south of the country, the Energy Ministry said in a resolution published in the official gazette. ...
Statoil Exercises Option to Extend Its Platform Drilling Management Deal
Brazil >> 11/17/2017 - Archer Limited announces that effective from the 1st December 2017, Statoil Brasil Oleo e Gas Ltda. have confirmed a 3 year extension to the Archer’s contract for the provision of Platform Drilling Ma...
Debt Crisis Undercutting Venezuelan Production
Venezuela >> 11/17/2017 - Rystad Energy analysis shows that the Venezuelan debt crisis has caused structural changes in the country’s oil and gas sector which significantly undercut its capability to produce oil. As production...
President Energy Announces Operational update at Puesto Flores
Argentina >> 11/16/2017 - President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update on its operations at its...
Venezuela Chooses Dutch-Based Firm for Orinoco Oil JV
Venezuela >> 11/16/2017 - Venezuela has selected a little-known, Dutch-registered company for a new joint venture at the Junin 10 oil block in its Orinoco Belt region, according to a decree published. ...
Venezuela Chooses Dutch-Based Firm for Orinoco Oil JV
Venezuela >> 11/16/2017 - Venezuela has selected a little-known, Dutch-registered company for a new joint venture at the Junin 10 oil block in its Orinoco Belt region, according to a decree published on Thursday. ...
Canacol Energy Makes 9th Consecutive Gas Discovery in Colombia
Colombia >> 11/15/2017 - Canacol Energy Ltd. (Canacol) (BVC:CNEC) is pleased to announce that the Pandereta 1 exploration well has encountered 149 feet of gas pay within the Lower Tubara, Cienaga de Oro, and fractured basemen...
Venezuela & Russia Sign Financing Renegotiation Agreement
Venezuela >> 11/15/2017 - The Bolivarian Republic of Venezuela signed an agreement with the Russian Federation stipulating the terms of the financing renegotiation, in compliance with the instructions of the President of the R...
Spectrum Starts 2D Seismic Survey Offshore Argentina
Argentina >> 11/14/2017 - Spectrum is pleased to announce the commencement of its Multi-Client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina through the authorization of the Ministry of...
Mitsui & BW in FSRU Joint Venture
Bermuda >> 11/14/2017 - BW Group Limited and Mitsui & Co. are pleased to announce the formation of a Joint Venture (JV) to jointly own the Floating Storage and Regasification Unit (FSRU) BW Integrity. Mitsui & Co. has purcha...
Oil and Natural Gas Production in October
Brazil >> 11/14/2017 - Petrobras reports that its total oil and natural gas production in October was 2.77 million barrels of oil equivalent per day (boed), with 2.67 million boed produced in Brazil and 104 thousand boed pr...
Honeywell UOP Providing Hydrotreating Catalysts For ENAP Refinery in Chile
Chile >> 11/14/2017 - Honeywell (HON) announced that Empresa Nacional del Petroleo (ENAP) has begun using Honeywell UOP’s HYT-6219 Unity hydrotreating catalyst in conjunction with Unity hydrocracking catalysts to produce c...
SBM Offshore Starts Liza FPSO Conversion with Tanker Arrival at Yard
Guyana >> 11/14/2017 - Following SBM Offshore’s completion of the Front End Engineering and Design (FEED) and a final investment decision on the Liza Phase 1 Development project by ExxonMobil in June 2017, SBM is delighted ...
Amerisur Provides Operations Update
Colombia >> 11/13/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on operations in Colombia. ...
Cerro de Chaga-1 (Panizza) Spuds
Uruguay >> 11/13/2017 - Petrel Energy Limited announces that Schuepbach Energy Uruguay SRL (SEU) mobilised the rig to the Cerro de Chaga-1 well site last week and spudded late Friday. At the time of reporting the rig had dri...
CNPE Approves the 4th Round of Bids and the 15th Round
Brazil >> 11/10/2017 - he National Energy Policy Council (CNPE) approved the holding, on March 29, 2018, of the 15th Round of Bids for Exploratory Blocks, under the concession regime, and the 4th Round of Bids, under the sy...
Brazil Expects to Raise Nearly $1b in June Pre-salt Auction
Brazil >> 11/10/2017 - Brazil’s government expects to raise around 3 billion reais ($916.98 million) in signing bonuses in an auction of blocks in Brazil’s coveted pre-salt offshore oil region next year, two people familiar...
Decision to Relinquish Block Z-34 Peru
Peru >> 11/10/2017 - Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision to relinquish Block Z-34, offshore Peru, and so notif...
NPE Approves 4th Round of Bids & 15th Round of Concessions
Brazil >> 11/9/2017 - Brazil's National Energy Policy Council (CNPE) approved the holding, on March 29, 2018, of the 15th Round of Bids for Exploratory Blocks, under the concession regime, and the 4th Round of Bids, under ...
Bonatti Inaugurates New Logistics Hub in Mexico
Mexico >> 11/9/2017 - Bonatti inaugurated a new logistics hub that will serve all the company's business in Mexico. It is located a few miles from Santiago de Queretaro, in Guanajuato state. ...
Gran Tierra Announces Agreement to Sell Peru Business
Peru >> 11/9/2017 - Gran Tierra Energy Inc., a company focused on oil and gas exploration and production in Colombia, is pleased to announce that it and its indirect wholly-owned subsidiary, Gran Tierra Energy Internatio...
Argentina Oil Demand - October 2017
Argentina Oil Demand - October 2017 Argentina >> 11/7/2017 - Oil consumption in Argentina was flat during the month of July 2017 at 0.72 mb/d, with mixed product performance. All transportation fuels were in positive territory with the exception of diesel oil. ...
Petrobras & BP Have Started Strategic Alliance Negotiations
Brazil >> 11/7/2017 - Petrobras has signed a letter of intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad. The document provides for cooperation i...
Petrobras Acquired Three Offshore Blocks
Brazil >> 11/7/2017 - In continuation of the Material Fact published on May 25, 2017, we hereby announce that we acquired, in partnership with other companies, three offshore blocks in the 2nd and 3rd Bidding Rounds in the...
Sale Process of Iara & Lapa Fields to Total Was Suspended
Brazil >> 11/7/2017 - Petrobras, in addition to the press release disclosed on October 17, 2017, informs that yesterday it was suspended by the President of the Federal Regional Court for the 5th Region, the injunction tha...
Petrobras Seeks Halt to Odebrecht Drilling After Accident
Brazil >> 11/6/2017 - Brazil’s state-controlled oil company Petroleo Brasileiro SA has asked Odebrecht’s offshore drilling arm to halt operations of a rig, according to a document seen by Reuters, after an explosion there ...
GeoPark Announces Extension of Tigana/Jacana Oil Field
Colombia >> 11/6/2017 - GeoPark Limited (GPRK) announced the successful drilling and testing of the Tigana Norte 3 appraisal well in the Tigana oil field in Llanos 34 block (GeoPark operated, 45% WI) in Colombia. ...
WorleyParsons Wins an Engineering Services MSA for Ecopetrol
WorleyParsons Wins an Engineering Services MSA for Ecopetrol Colombia >> 11/6/2017 - WorleyParsons Colombia has been awarded a four year Master Services Agreement (MSA) for engineering services for Ecopetrol. ...
Renaissance Oil Successfully Brings Amatitlan Back into Production
Mexico >> 11/6/2017 - Renaissance Oil Corp. (ROE) is pleased to announce, in conjunction with its partner Lukoil, the Company has progressed the field evaluation program to production for the Amatitlan block in Veracruz, M...
Pemex Discovers the Largest Onshore Reservoir
Mexico >> 11/3/2017 - Enrique Pena Nieto, President of Mexico, announced the discovery of an important reservoir with excellent quality light-crude oil and gas. This finding is the most important onshore discovery made by ...
Echo Energy Signs Onshore Farm-in Agreement in Argentina
Argentina >> 11/1/2017 - Echo Energy plc is pleased to announce that it has entered into a binding farm-in agreement with Compania General de Combustibles S.A. (CGC), a privately-owned subsidiary of the Argentinian conglomera...
Petrobras & BP Started Negotiations for Strategic Alliance
Brazil >> 10/31/2017 - Petrobras have signed a letter of intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad. The document provides for cooperation ...
Melbana Energy Retains 100% of Block 9
Cuba >> 10/30/2017 - Melbana Energy Limited (“Melbana”) advises that Petro Australis Limited (“Petro Australis”) has failed to achieve pre-qualification to enable a timely application to Cuban regulatory authorities for t...
Shell Expands Pre-Salt Growth in Deep-Water Brazil
Shell Expands Pre-Salt Growth in Deep-Water Brazil Brazil >> 10/27/2017 - Royal Dutch Shell plc and its partners won three, 35-year production sharing contracts for pre-salt blocks located in the Santos Basin, offshore Brazil. Shell will pay its share of the total signing b...
Statoil Strengthens Its Position in the Carcara Oil Discovery
Brazil >> 10/27/2017 - Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA (STL), ExxonMobil Exploracao Brasil Ltda., a subsidiary of Exxon Mobil Corporation (XOM), and PETROGAL BRASIL, S.A., a subsidiary of Galp (G...
Six Pre-Salt Blocks Have Been Acquired in Brazil Rounds
Brazil >> 10/27/2017 - The 2nd and 3rd Production Sharing Bidding Rounds, with pre-salt areas, promoted ANP, confirmed the reestablishment of the oil and gas sector in Brazil. From the eight blocks offered in the auctions, ...
Pemex Reports Net Production from January to September 2017
Mexico >> 10/27/2017 - Petroleos Mexicanos (PEMEX) announced its financial and operating results for the third quarter of 2017. Pemex points out that it guaranteed fuel supplies throughout the country despite hurricanes Cal...
Frontera Announces an Update on Block 192 in Peru
Peru >> 10/27/2017 - Operational activities in the Block have been suspended since September 18, 2017 as a result of an indigenous blockade of the area. Frontera continues to work to ensure the safe evacuation of 50 worke...
Brazil Judge Suspends Pre-salt Oil Auctions Set for Friday
Brazil >> 10/26/2017 - A federal judge in the Brazilian state of Amazonas issued an injunction on Thursday ordering the suspension of the billion-dollar auctions of pre-salt oil and gas rights scheduled for Friday. ...
YPF to Invest More Than $30B from 2018 to 2022
YPF to Invest More Than $30B from 2018 to 2022 Argentina >> 10/25/2017 - YPF presented its strategic plan for the next five years (2018-2022), which provides for an investment of more than 30,000 million dollars, which ratifies it as the company that invests most in our co...
Neuquen Province Approves ExxonMobil’s Plan for Los Toldos
Argentina >> 10/25/2017 - ExxonMobil announced that the Neuquen Province government has approved the investment plan for the development of a 35-year unconventional exploitation concession in the Los Toldos I South block. The ...
Brazil Economy - October 2017
Brazil Economy - October 2017 Brazil >> 10/25/2017 - Trade was a supportive factor behind the Brazilian economy’s return to growth in 2Q17 as exports increased 2.5% and imports dropped 3.3% y-o-y. Moreover, the first acceleration in private consumption ...
QGEP Informs on Block BS-4 Situation
Brazil >> 10/23/2017 - QGEP Participacoes S.A. (QGEP) informs that Barra Energia do Brasil Petroleo e Gas Ltda. exercised its rights to expel Dommo Energia S.A. (Dommo) from the Block BS-4, under the exact terms of the Cons...
GeoPark Announces High-Impact Acquisition in Colombia
Colombia >> 10/23/2017 - 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, today ...
Petrel Announces First Hydrocarbons Discovered in Uruguay
Uruguay >> 10/23/2017 - Petrel Energy Limited (PRL) announces that Schuepbach Energy Uruguay SRL (SEU) has successfully drilled the Cerro Padilla-1 well to a Total Depth (TD) of 845m. The well encountered significant oil sho...
MODEC Awarded Charter Contract for Sepia FPSO by Petrobras
Brazil >> 10/20/2017 - MODEC, Inc. (MODEC) is pleased to announce that it has signed the contract for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petroleo Brasileiro S....
Ecopetrol & Petronas Sign Exploration & Production Agreement
Colombia >> 10/20/2017 - In the framework of the XVII Colombian Oil and Gas Congress, the main oil companies of Colombia and Malaysia, Ecopetrol SA and Petronas, signed a memorandum of understanding to consolidate a strategic...
New Hydrocarbons Discovery in Uruguay
Uruguay >> 10/20/2017 - It has been discovered presence of hydrocarbons in Paysandu according to the official information provided by technicians. This is the first exploration well onshore in 30 years in Uruguay and the fir...
Amerisur Resources Provides Operational Update in Colombia
Colombia >> 10/19/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an operational update on activities in Colombia. ...
Fugro Won Contract for Marine Site Investigation in Mexico
Mexico >> 10/19/2017 - Fugro, in conjunction with long-time associates, Constructora Subacuatica Diavaz, S.A. de C.V., has been awarded a large survey contract by Mexico's national oil company, Pemex. Valued at approximatel...
Mexico Expects to Hold a Third Oil and Gas Auction in 2018
Mexico >> 10/19/2017 - Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said, potentially teeing up a t...
Brazil Oil and Natural Gas Production in September
Brazil >> 10/18/2017 - Petrobras reports that its total oil and natural gas production in September was 2.79 million barrels of oil equivalent per day (boed), with 2.68 million boed produced in Brazil and 106 thousand boed ...
First Delivery of Oil from Puesto Flores Field
Argentina >> 10/17/2017 - President Energy (PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce that it has already banked...
FairfieldNodal Will Acquire & Process Libra 3D Marine Seismic
Brazil >> 10/17/2017 - FairfieldNodal’s project to acquire and process high-resolution 3D marine seismic for the Libra consortium has left port for deeper waters to begin work. This consortium is led by Petrobras, and inclu...
Dommo Energia Sells It's Stake on BS-4 Block
Brazil >> 10/17/2017 - Dommo Energia S.A informs the shareholders and market in general that the Company’s Board of Directors approved, on the hereby date, a biding Term Sheet (TS) between Dommo Energia and Azibras Explora...
Teekay LNG Partners Announces Public Offering of Series B Preferred Units
Bermuda >> 10/16/2017 - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) plans to offer in a public offering Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Series B Preferred Units),...
Teekay LNG Partners Announces Pricing of Series B Preferred Offering
Bermuda >> 10/16/2017 - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) has priced its public offering of 6,000,000 8.5% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Series B Pref...
Spectrum Starts Ceara Basin 2D Multi-Client Seismic in Brazil
Spectrum Starts Ceara Basin 2D Multi-Client Seismic in Brazil Brazil >> 10/16/2017 - Spectrum is pleased to announce the commencement of a 6,000 km Multi-Client 2D seismic survey covering the Ceara Basin within the Equatorial Margins of Northern Brazil, which contains sectors of the 1...
Frontera Signed Deal for Pacific Midstream Acquisition
Colombia >> 10/16/2017 - Frontera Energy Corporation (FEC) announces that it has signed an agreement to acquire the outstanding 36.36% ownership of Pacific Midstream Limited (PML) from the International Finance Corporation an...
FairfieldNodal Awarded Z700 Project Offshore Trinidad
Trinidad and Tobago >> 10/16/2017 - FairfieldNodal will begin a large Z700 acquisition project offshore Trinidad in late October 2017. FairfieldNodal’s Z700 data acquisition system is ideally suited to meet the tough environmental condi...
Significant Reset of Putumayo-14 Contract
Colombia >> 10/11/2017 - Gulfsands Petroleum plc (GPX), the oil and gas company with activities in Syria, Colombia and Morocco, is pleased to announce a significant reset of its Putumayo-14 Licence (PUT-14 Licence) in Colombi...
Melbana Commits to Second Sub-Period Exploration Program for Block 9
Cuba >> 10/11/2017 - Melbana Energy Limited (Melbana) has provided official notification to Cuban regulatory authorities of its commitment to the second exploration sub-period for Block 9. The Block 9 Exploration Period i...
Shell Divests Its Interest in Comgas for a Headline of $380m
Brazil >> 10/10/2017 - Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV (Shell) announces they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sel...
President Energy Work Program in Argentina
Argentina >> 10/9/2017 - President Energy (PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update on its recently acquired oil p...
Sinopec's Argentina Oil Assets in Sale Worth Up to $1 Bln
Argentina >> 10/9/2017 - Advisers to China’s Sinopec have offered its oil assets in Argentina to about a dozen potential suitors, three sources familiar with the matter said, as losses and labor headaches prompt Asia’s larges...
Anadarko to Invest $200 Million in Peruvian Oil Area
Peru >> 10/9/2017 - U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said.

Kuczynski and company...
Rosneft to Develop Cooperation with Cuba
Cuba >> 10/7/2017 - Rosneft Chief Executive Officer Igor Sechin held a working meeting with Minister of Energy and Mines of the Republic of Cuba Alfredo Lopez and Ambassador Extraordinary and Plenipotentiary of the Repub...
Borr Drilling Acquires Nine Premium Rigs for 1.3 Billion
Bermuda >> 10/6/2017 - Borr Drilling Limited (Borr Drilling) announces the signing of a Master Agreement for the acquisition of nine premium jack-up rigs from PPL Shipyard Pte Limited (PPL). The acquisition will increase th...
Borr Drilling & Schlumberger Sign Enhanced Collaboration Agreement
Bermuda >> 10/6/2017 - Borr Drilling Management DMCC and Schlumberger signed an agreement to offer integrated, performance-based drilling contracts in the offshore jack-up market by leveraging the Schlumberger global foot p...
Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Ecuador >> 10/6/2017 - Ecuador will offer oil exploration and production blocks in January under new contract terms that it expects will attract more interest and allow the OPEC-member country to compete with its neighbors ...
IEnova Acquires Pemex's Participation in Pipeline
Mexico >> 10/6/2017 - Sempra Energy (SRE) announced that its Mexican subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V. (IEnova), has acquired Pemex Transformacion Industrial's participation in Ductos y Energetico...
Argentina Plans Auction for Offshore Oil Exploration Next Year
Argentina >> 10/5/2017 - Argentina plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil, the energy minister said. ...
Keppel Secures Major FPSO Contract from SBM Offshore
Keppel Secures Major FPSO Contract from SBM Offshore Guyana >> 10/5/2017 - Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a Floating Production Storage and Offloading vessel (FPSO) conversion contract fr...
ExxonMobil Announces Fifth Discovery Offshore Guyana
Guyana >> 10/5/2017 - Exxon Mobil Corporation (XOM) announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. ...
Subsea Gangway Lift by OOS Gretha
Brazil >> 10/4/2017 - OOS Gretha successfully completed a subsea lift of a gangway that was broken off several months ago in Campos Basin, Brazil. The OOS Gretha is a modern semi-submersible accommodation crane vessel equi...
Statoil Enters First Solar Development Project
Statoil Enters First Solar Development Project Brazil >> 10/4/2017 - Statoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will pro...

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