LatAmOil - Latin America Oil & Gas
Peru names new energy minister
Peru’s new government has named Jaime Galvez as Energy and Mining Minister, thereby completing the Cabinet of interim President Francisco Sagasti.
Mexico’s new infrastructure plan gives CFE dominant position in gas supplies
Mexico’s government has reportedly assigned nearly all responsibility for domestic natural gas supplies to a state-controlled company, the national power provider CFE.
Maersk Drilling set to provide drilling units to Total for Block 58
Maersk Drilling (Denmark) is on track to win a contract for the delivery of two deepwater drilling units to Total (France) for work at Block 58 offshore Suriname.
Elliott Management reportedly acquires indirect stake in Kaieteur project
Elliott Management, a hedge fund run by activist investor Paul Singer, has acquired an indirect stake in the Kaieteur block offshore Guyana.
GlobalData sees South America overtaking North America on oil production
The combination of Guyana’s new oilfields and output from Brazil’s pre-salt region could help push South America’s oil output beyond that of North America within four years, according to new research.
Colombia to sign onshore contracts with two Canadian firms
The government of Colombia is expected to sign contracts with two Canadian oil and gas companies for several onshore blocks.
BP to sell stake in Campos Basin blocks to PetroRio
The British oil major BP has agreed to sell its stakes in two offshore blocks in Brazil’s Campos Basin to PetroRio, a Brazilian oil company.
Argentina’s new Gas Plan offers participants access to forex market
Argentina’s Central Bank has said that natural gas producers taking part in the country’s new “Gas Plan” will have free access to the official foreign exchange market.
Complex conjugates
High operating costs may pose challenges for companies seeking to explore the potential of conjugate basins on both sides of the Atlantic Ocean.
NRG: Forward momentum
Welcome to the latest edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Petrobras launches teaser stage of Marlim cluster sale
Brazil’s national oil company (NOC) Petrobras has opened the opportunity disclosure, or teaser, stage of its planned sale of a legacy asset known as the Marlim cluster.
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