LatAmOil - Latin America Oil & Gas
CGX reports on progress of Berbice deepwater port project
Canada’s CGX Energy reported last week that it had resumed work on a deepwater port facility that will support oil and gas projects in Guyana’s offshore zone.
Guyana’s government providing policy support for the oil sector
Guyana's government has been focusing on plans for setting up the Petroleum Commission and establishing a local content policy.
Maha Energy’s Tie-3 well encounters potentially productive zone
Sweden’s Maha Energy has said that electric logging data from Tie-3, an exploration well drilled at the onshore Tie field in the Reconcavo Basin, may reveal a new oil-bearing formation.
Jaguar CEO sees Burgos Basin cutting Mexico’s dependence on gas imports
Warren Levy, the CEO of Mexico’s Jaguar E&P, has been talking up the prospects of the Burgos Basin, an unconventional play that lies south of the border with Texas.
YPF seen investing $1.5bn in Vaca Muerta projects this year
Argentina’s national oil company (NOC) YPF has rolled out plans to invest $1.5bn in Vaca Muerta, one of the world’s largest shale basins.
Pipeline explosion damages gas re-injection plant in Venezuela
Venezuela’s Oil Minister Tareck El Assaimi confirmed on March 20 that a natural gas pipeline in Monagas State had been damaged in an explosion.
ExxonMobil will have more associated gas for Guyana’s GTP project
US-based ExxonMobil has reportedly stated that it will be able to provide more associated gas than previously anticipated for a gas-to-power (GTP) initiative in Guyana.
Equinor approves development plans for BM-C-33 field
Equinor (Norway) and its partners have approved a development concept for BM-C-33, a deepwater field located in the pre-salt section of the Campos basin offshore Brazil.
Khan sees Trinidad and Tobago oil output topping 90,000 bpd by 2025
Trinidad and Tobago is on track to see crude oil production top 90,000 barrels per day (bpd) by the middle of the decade, according to Energy Minister Franklin Khan.
US senator calls on Biden to permit diesel swaps with Venezuela
A member of the US Senate has pressed the administration of President Joe Biden to roll back some of the sanctions imposed on Venezuela and its oil industry.
LatAmOil: Disappointment offshore Suriname
Tullow Oil (UK/Ireland) and its partners in Block 47 offshore Suriname have finished drilling the Goliathberg Voltzberg North-1 (GVN-1) exploration well without making a commercial discovery.
Premier and Chrysaor expected to retain minority stake in Zama oilfield
UK-based Chrysaor Holdings and Premier Oil are expected to retain the latter's minority share in Zama, a large oilfield located off the coast of Mexico’s Tabasco State, following their merger into a new company.
Tullow’s GVN-1 well proves disappointing
Tullow Oil (UK/Ireland) and its partners in Block 47 offshore Suriname have finished drilling the Goliathberg Voltzberg North-1 (GVN-1) exploration well without making a commercial discovery.
Colombia may be exchanging one type of risk for another
Ecopetrol’s bid for ISA and Mesa’s talk of focusing on copper mining appear to be part of a wider effort in Colombia to take the spotlight off oil and gas.
Former Chevron exec sees oil remaining Venezuela’s biggest draw
Ali Moshiri, a former Chevron executive who now heads a Houston-based independent known as Amos Global Energy, has said he expects Venezuela to continue seeking investment for the oil industry despite rising climate concerns.
Jabillo-1 well spudded at Canje block
ExxonMobil (US) and its partners have spudded Jabillo-1, the second exploration well at the Canje block offshore Guyana.
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