LatAmOil - Latin America Oil & Gas
US-based Global Infrastructure Partners (GIP) is reportedly planning to team up with Brazil’s Raízen to participate in a privatisation sale covering four large refineries owned by the national oil company (NOC), Petrobras.
Argentina’s President Alberto Fernandez is reportedly gearing up to send legislation to Congress outlining plans for the establishment of a new regulatory framework for oil and gas investment.
GeoPark, a New York-listed company focused on Latin American upstream projects, has wrapped up its previously announced acquisition of Amerisur Resources. The deal adds significant new assets in Colombia to the US firm’s portfolio.
Japan’s MODEC, a manufacturer of floating oil and gas equipment, has said it plans to grow its business in Brazil, the largest oil producer in South America, by winning one or two major platform contracts each year.
Setbacks in South America and Africa will continue to pose problems for Tullow Oil in 2020, but the company is trying to regroup.
Mexico’s government has reportedly designated certain information about its annual crude oil hedging programme as a state secret.
ENAP, the national oil company (NOC) of Chile, has been accused of failing to comply with the protocols governing a hydraulic fracturing (fracking) programme at the Arenal field.
Petrobras, the state-owned oil company of Brazil, has wrapped up its operations in Africa by finalising the sale of its remaining Nigerian assets.