LatAmOil - Latin America Oil & Gas

25 June 2021

Aissami claims that PdVSA has boosted oil production, refinery throughput

24 June 2021

Venezuela has more than doubled its oil production over the last 10 months and is poised to realise further gains before the end of the year, according to Oil Minister Tareck El Aissami.

Chevron, TotalEnergies, Qatar Petroleum submit top bids for shallow-water blocks

24 June 2021

Suriname’s Staatsolie has concluded the Shallow Offshore Bid Round by awarding three shallow-water offshore blocks to Chevron (US) and a consortium set up by TotalEnergies (France) and Qatar Petroleum.

LatAmOil: Staatsolie awards shallow-water blocks to three IOCs

22 June 2021

Suriname’s Staatsolie has concluded the Shallow Offshore Bid Round by awarding three shallow-water offshore blocks to Chevron (US) and a consortium set up by TotalEnergies (France) and Qatar Petroleum.

Petrobras may consider ramping up LNG imports amid maintenance

18 June 2021

Brazil’s Petrobras may increase LNG imports by 50% to compensate for an expected drop in domestic natural gas flows when the Rota 1 pipeline is shut down for maintenance in August, it emerged this week.

Guyana’s total oil revenues may top $500mn by year-end

18 June 2021

Guyana’s government may see the balance of the Natural Resources Fund, the sovereign wealth fund in which it deposits its share of oil export revenues, rise to $500mn or more by the end of this year.

Liza Unity FPSO to depart Keppel shipyard for Guyana soon

18 June 2021

ExxonMobil Guyana, a subsidiary of US-based ExxonMobil, is set to take delivery of the newly finished Liza Unity floating production, storage and off-loading (FPSO) vessel in about three months.

Paramaribo, creditors spar over oil revenues in debt restructuring talks

18 June 2021

Suriname’s future oil revenues have become a sticking point in negotiations between the government and creditors on a debt restructuring deal.

Saipem-DSME consortium to build FPSO for Búzios

18 June 2021

Petrobras has struck a deal with a consortium formed by Italy’s Saipem and South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) on the construction of a new FPSO that will be deployed at the Búzios oilfield.

Argentina has nearly finished drafting oil and gas investment law

18 June 2021

Argentina’s government has nearly wrapped up the process of drawing up new legislation to promote investment in the oil and gas industry, Energy Secretary Dario Martinez said earlier this week.

Pemex reportedly fails to pay profit-sharing bonuses to traders

18 June 2021

Mexico’s national oil company (NOC) Pemex reportedly did not pay the profit-sharing bonuses owed to its traders in May.