LatAmOil - Latin America Oil & Gas

OPEC output drops in November after cut pledged

Petrobras completes transfer of 5% stake in Búzios oilfield to CNOOC subsidiary

Petrobras has completed the transfer of a minority stake in Búzios, an offshore oilfield in the pre-salt zone of the Santos basin, to a subsidiary of China National Offshore Oil Corp. (CNOOC).

Pemex imports more fuel in October as refinery throughput and motor fuel output rise

Mexico’s national oil company Pemex has reported that it imported more petroleum products in October, even as it saw refinery throughput and motor fuel output rise.

BP subsidiary to market Guyanese oil in 2023

Guyana’s government has granted a subsidiary of BP (UK) the right to market its share of crude oil extracted from the Liza-1 and Liza-2 oilfields at the offshore Stabroek block in 2023.

Norway’s Kanfer Shipping will supply ships for Nimofast’s LNG hub in Paraná state

Norway’s Kanfer Shipping has agreed to support Nimofast Brasil, a trading company based in Curitiba, in its efforts to establish an LNG hub for small- and medium-scale buyers on the Brazilian coast.

BP launches gas production at Cassia C

BP (UK) announced on November 29 that its subsidiary BP Trinidad and Tobago (bpTT) had begun extracting natural gas from Cassia C, an offshore facility installed about 56 km south-east of Trinidad.

APA and TotalEnergies find no commercial reserves at Awari prospect offshore Suriname

US-based APA Corp. said it had not found oil or gas in Awari-1, an exploration well drilled in the north-western corner of the Block 58 licence area offshore Suriname.

Hess expects ExxonMobil to focus on exploring Stabroek’s deeper intervals for oil

ExxonMobil’s focus in Guyana in 2023 and the first half of 2024 is likely to be exploration of the deeper layers of the Stabroek block.

CGX, Frontera reiterate commitment to drilling Wei-1, say well will be spudded by January 31

CGX Energy and its parent company Frontera Energy have confirmed that they intend to move forward with the drilling of Wei-1, their second exploration well at the Corentyne block offshore Guyana.

LatAmOil: EPA imposes new permitting requirement on USVI refinery

The US EPA has told the owner of the Limetree Bay Refinery in the US Virgin Islands (USVI) that it may not resume operations unless it first obtains a new comprehensive Clean Air Permit.