News
March 09, 2023
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek by S&P Global to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
News
March 08, 2023
Drilling is picking up fast in Vaca Muerta after a series of false dawns over the past decade with top developer, state-run YPF SA, poised to ramp up investments.
News
March 07, 2023
The country’s first auction is expected to take place by the end of May after being delayed by a few weeks as the government finalizes contract terms and legislation that ensure it secures a larger share of proceeds, Jagdeo said in an interview in Houston on Monday. The country has ample drilling locations to justify a second sale next year.
News
March 06, 2023
Dozens of police and oil workers taken hostage after protesters stormed a field operated by China’s Sinochem Group have been released, Colombian President Gustavo Petro said.
News
March 03, 2023
Colombia’s oil industry has a history of violence from rebel groups and resistance from local communities, which makes it even harder for the country to reverse declining production of oil, a key source of export revenue.
News
March 01, 2023
Petroperu has said it could produce 12,000 bpd at Lot 192, compared with Peru’s national output of about 40,000 bpd.
Article
February 2023
Optimism prevails as investments and improvements point to production growth.
News
February 27, 2023
Workers in the geological formation known as Vaca Muerta are building a 356-mile pipeline that will carry natural gas from remote northern Patagonia to Argentina’s cities and industry centers in the east. The project will help relieve bottlenecks that have stifled oil and gas production the nation desperately needs to bolster its economy.
News
February 24, 2023
The agreement extends an existing contract for Seven Cruzeiro from February until November 2023.
News
February 17, 2023
To fend off climate change, the world’s biggest energy consumers are trying to reduce their consumption of fossil fuels as they transition to renewable sources. That could turn Suriname’s oil fields into stranded assets if they aren’t developed fast enough.
News
February 16, 2023
Neon-1 was drilled into the down-dip southern flank of the Neon discovery, to better constrain lithologies and reservoir quality and reduce the range of uncertainty on the oil-water contact. The goal was to better understand the range of potentially recoverable volumes in Neon and assist in delineating pathways of potential future production wells.
News
February 16, 2023
The MOU between Energy NL and the Canada Guyana Chamber of Commerce is intended to establish a good faith relationship between both organizations which will lead to the mutual benefit of their memberships.
News
February 15, 2023
Eni, Repsol and French company Maurel et Prom have the capacity to pump an additional 50,000 to 80,000 bpd if they increase operations in the South American country.
News
February 15, 2023
The data acquired with the Permanent Seismic Monitoring System will make it possible to deepen the knowledge about the distribution of fluids in the reservoir and provide greater efficiency in the production of oil from the Mero field.
News
February 03, 2023
Keppel O&M’s scope of work on FPSO Prosperity includes the fabrication of several topside modules, riser, mooring and umbilical structures, followed by the installation and integration of these structures and all topside modules onto the FPSO.
News
January 25, 2023
TechnipFMC will provide life-of-field subsea services to support its installed base offshore Brazil. The contract covers equipment and tooling installation, intervention, and maintenance.
News
January 23, 2023
The Wei-1 well is approximately 14 km northwest of the partners’ previous Kawa-1 light oil and condensate discovery. The Wei-1 well will be drilled in a water depth of approximately 1,912 ft. to an anticipated total depth of 20,500 ft.
News
January 23, 2023
Canacol Energy made three gas discoveries at Dividivi 1, Saxofon 1, and Chimela 1 in Colombia’s Middle Magdalena basin. The company also provided updates regarding its near-term drilling programs.
News
January 20, 2023
The delay is costing Petrobras a fortune of about $1 million a day for the rig, three helicopters, support boats and workers, according to calculations by consultancy Wood Mackenzie Ltd.
News
January 20, 2023
TotalEnergies awarded the first contract- the LAPA Southwest (LAPA SW) development project- to Saipem and partner Aker Solutions do Brasil. Equinor also awarded a contract to Saipem for the Irpa pipeline project.
News
January 20, 2023
The award covers two wells campaigns with an estimated duration of 200 days on a dry-hole case and up to 460 days on a success case.
