LatAmOil - Latin America Oil & Gas

23 April 2021

Guyana’s VP comments on cost of gas-to-power project

22 April 2021

Guyana’s Vice President Bharrat Jagdeo has said he expects the cost of building a pipeline to deliver associated gas from the Liza-1 offshore oilfield to the domestic market to be less than anticipated.

Energy secretary outlines Argentina’s plans to secure gas supplies for the winter

22 April 2021

Argentina’s Energy Secretary Dario Martinez stated last week that the government was working with upstream operators to ensure that the country had adequate supplies of natural gas for the coming heating season.

Frontera to lend CGX $19mn to cover Guyana project expenses

22 April 2021

Canada’s Frontera Energy has arranged to lend $19mn to its partner CGX Energy, also based in Canada, to help the latter company cover its share of costs related to several projects in Guyana.

Libra consortium to give up South-east section of offshore block

22 April 2021

Libra, a consortium that Brazil’s Petrobras established in 2013 with two state-owned Chinese companies and two European majors to develop an offshore block in the Santos basin, has decided to return part of its licence area.

NFE expands Brazilian portfolio by completing acquisition of Hygo, GMLP

22 April 2021

US-based New Fortress Energy (NFE) has expanded its Brazilian gas portfolio by completing the acquisition of Hygo Energy Transition and Golar LNG Partners.

Shell to launch Brazilian drilling campaign in H2-2021

22 April 2021

Royal Dutch Shell (UK/Netherlands) has confirmed that its Brazilian subsidiary will launch a new offshore drilling programme later this year.

ExxonMobil working to assess repair requirements for Liza Destiny discharge silencer

22 April 2021

ExxonMobil Guyana is working to determine the scope of additional repairs needed for an associated gas compression system on the Liza Destiny, the FPSO it is using to develop the Liza-1 oilfield.

Natixis unveils plan to stop financing trade in Ecuadorean crude oil

20 April 2021

France’s Natixis is set to join the ranks of financial institutions that have stopped supporting trade deals involving Ecuadorean crude oil.

LatAmOil: Natixis to phase out Ecuadorean oil finance

20 April 2021

France’s Natixis is set to join the ranks of financial institutions that have stopped supporting trade deals involving Ecuadorean crude oil.