LatAmOil - Latin America Oil & Gas

Enauta’s planned sale of Manati stake to Gas Bridge falls through

Brazil’s Enauta Energia is not moving forward with its previously announced plan to sell its 45% stake in Manati, a natural gas field in the Camamu basin offshore Bahia State.

Ecuador hopes to see oil production levels recover next month

Ecuador is on track to see oil production return to normal levels in February following the restart of the two main pipelines used to export crude, according to Energy Minister Juan Carlos Bermeo.

Argentina green-lights seismic survey of three offshore blocks

Argentina’s government has given YPF, the national oil company, and its partners a green light to proceed with seismic work at three offshore blocks in the South Atlantic.

LatAmOil: Argentina greenlights offshore seismic work

Argentina’s government has given YPF, the national oil company, and its partners a green light to proceed with seismic work at three offshore blocks in the South Atlantic.

OPEC picks new Secretary-General as restrictions ease

ExxonMobil gets green light for CCS study at oilfields offshore Guyana

Guyana’s government has given ExxonMobil (US) a green light to move forward with a study of carbon capture and storage (CCS) at its offshore oilfields in the Guyana-Suriname basin.

Former Staatsolie chief talks up gas potential of Guyana-Suriname basin

Rudolf Elias, the former CEO of Suriname’s state-owned oil company Staatsolie, talked up the gas-bearing potential of the Guyana-Suriname basin at an industry event last week.

Frontera says Kawa-1 may host active hydrocarbon system

Canada’s Frontera Energy has said that the data collected thus far from Kawa-1, an exploration well being drilled at the Corentyne block offshore Guyana, suggests the presence of an active hydrocarbon system.

Melbana to resume drilling work at Alameda-1 well soon

Australia’s Melbana Energy expects to receive the last shipment of the supplies it needs to resume drilling operations at Alameda-1, an exploration well at the Block 9 licence area onshore Cuba, by December 20.

Threat of erosion leads Petroecuador to shut down pipelines, declare force majeure

Ecuador’s national oil company Petroecuador has shut down the country’s main crude and petroleum product pipelines, explaining that it could not operate these systems safely until it had dealt with the threat of soil erosion.

Lopez Obrador says Pemex may see more tax cuts

Mexico’s President Andres Manuel Lopez Obrador said earlier this week that his government might offer additional tax breaks to the national oil company Pemex.

YPF exec says Argentina is studying LNG export plans

Argentina’s national oil company YPF is reportedly looking into proposals for establishing LNG export capacity in the expectation that production levels will rise at fields in the Vaca Muerta shale formation.

LNG sector gaining momentum in Brazil

Excelerate begins deliveries to the Bahia LNG terminal amid record Brazilian gas imports, NFE’s signing of Alunorte deal.

Cheniere reported to have struck July supply deal with NFE

US LNG producer Cheniere Energy reached a six-year supply deal with an affiliate of New Fortress Energy (NFE) in July, a recently released letter to the US Department of Energy has shown.