LatAmOil - Latin America Oil & Gas
China’s SPIC is expanding its presence in the Brazilian energy sector to encompass green and blue hydrogen production as well as LNG imports and natural gas-fired electricity generation.
Pemex will introduce a new payment mechanism for suppliers and contractors.
Petrobras has called tenders for the construction of two FPSO vessels as part of its Sergipe Deepwater Project (SEAP), which aims to increase domestic gas supplies.
Petroecuador has reached an agreement with an indigenous group, bringing an end to a protest that has caused production levels to diminish at Blocks 16 and 67 in the Amazon River region.
Guyana has pushed the deadline for bids in the country’s first competitive auction for offshore blocks back to July 15, giving potential investors three more months to submit bids.
Mexico’s government will assist Pemex in its mission to reduce its debt load by deferring about $2bn of the taxes that the company owes the state.
Iran and Venezuela this week signed a memorandum of understanding on gas, oil and petrochemical co-operation as the two countries continue strengthening ties.