LatAmOil - Latin America Oil & Gas
Questions about Brazilian oil sector’s future persist as voters head for run-off
Uncertainty about the future of Brazil’s oil policy is set to persist for at least a few more weeks, as the October 3 presidential election ended with neither of the two leading candidates winning a majority of votes.
Keppel, Petrobras sign $2.8bn EPC deal for new FPSO
Keppel Shipyard (Singapore) has closed a $2.8bn deal with Brazil’s national oil company Petrobras for a new FPSO vessel for installation at the Buzios oilfield.
NFE, Ebrasil complete sale of CELSE to Eneva
US-based New Fortress Energy (NFE) and its Brazilian joint venture partner Ebrasil Energia have completed the sale of the Centrais Elétricas de Sergipe (CELSE) power station to Brazil's Eneva.
Guyana to issue EoI for refinery construction project soon, president says
Guyana’s government appears to be moving closer to making a decision on proposals for the construction of a refinery capable of serving the domestic fuel market.
Staatsolie confirms plan to launch deepwater licensing round in Q4-2022
Staatsolie, the national oil company of Suriname, has confirmed that it still intends to launch a licensing round for deepwater acreage before the end of this year.
Guyana seeks consultant to review Uaru FDP
The government of Guyana said last week that it was searching for a suitable consulting firm to review the Uaru field development plan (FDP) prepared by an ExxonMobil (US) subsidiary.
MOSCOW BLOG: Russia and Saudi Arabia’s oil production cut is pre-emptive strike on EU’s price cap scheme
Has Riyadh just sided with Putin by agreeing to cut oil production by 2mn barrels? It's more complicated than that.
Details emerge about Mexico’s LNG plans
Mexico’s offer to help supply LNG to Europe appears to rely more on the use of existing or planned pipelines carrying gas from Texas than on boosting domestic gas production.
Stakeholders in Argentina’s oil and gas sector highlight potential obstacles to Vaca Muerta growth
Access to high-tech equipment, innovative drilling technologies and transportation capacity will be key to efforts to develop the Vaca Muerta shale formation, oil and gas industry stakeholders in Argentina say.
Trident Energy hopes to sell stakes in two fields from Pampo-Enchova cluster soon
UK-based Trident Energy has said it will soon launch the sales process for stakes in two of the 10 Campos basin fields it acquired from Brazil’s national oil company Petrobras in 2020.
AETN says Bolivia will reserve more gas for export, use renewables for local power
Bolivia will make more natural gas available for export by increasing the use of renewable energy sources for power generation, according to the country's energy regulator.
LatAmOil: Ecopetrol head says less Colombian oil is going to Asia
Colombia’s national oil company Ecopetrol is sending a smaller share of its oil exports to Asia this year, as competition for Asian market share has ramped up in recent months.
OPEC+ makes 2mn bpd cut, angering the US
Months of badgering by Western leaders counted for nought this week as OPEC+ announced a 2mn bpd quota reduction that serves to bolster prices and cover up issues raising production.
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