LatAmOil - Latin America Oil & Gas
Geoex MCG secures seismic project contract offshore Venezuela with Ministry of Oil
Geoex MCG, a global provider of subsurface data, has signed a contract for a multi-client seismic project offshore Venezuela with Caracas’ Ministry of Petroleum. It plans to carry out detailed 2D/3D seismic data processing and geochemical analysis.
SLB Guyana seeks inspection services for oil field operations
SLB Guyana, a global leader in oil field services, prepared a Request for Information (RFI) seeking inspection and certification services for its oilfield operations.
Guyana's Stabroek Block output increases by 4% in February
Data from Guyana’s Ministry of Natural Resources showed that the Liza-1, Liza-1, and Payara projects at the Stabroek Block collectively averaged 626,000 barrels per day, marking a 4% increase from January.
Argentina's Neuquén basin operators announce $9bn budget for 2024
Companies operating in Argentina's Vaca Muerta shale formation, located in the province of Neuquén, are poised to inject a record-setting $9.05bn into operations this year, as per documents submitted to authorities in March.
Petronas begins construction of Argentinian floating LNG terminal
Malaysia’s state-run energy company Petronas has commenced construction work on a floating LNG unit that will be stationed off the east coast of Argentina.
Platform installed at the Fénix gas field offshore Argentina
Wintershall Dea, TotalEnergies and Pan American Energy have completed the installation of the Fénix gas field production platform around 60 km off the coast of Tierra del Fuego, Argentina at a water depth of 70 metres.
Methane emissions from the energy sector increased in 2023
The International Energy Agency estimates that in 2023, nearly 120mn tonnes of methane emissions stemmed from the production and utilisation of fossil fuels, slightly higher than in 2022.
Tecpetrol claims Argentina on track to inaugurate first LNG project in four years
Argentina's prospects for inaugurating its first liquefied natural gas project in four years hinge on the successful passage of economic and energy reforms proposed by President Javier Milei, according to Tecpetrol's CEO, Ricardo Markous.
Energy firm Enel suspends sale of Argentine subsidiary amid optimism about potential sector deregulation
Italian energy company Enel SpA has decided to halt the sale of its Argentine subsidiary power distributor, Edesur, with a company spokeswoman stating that this results from the President Javier Milei's drive to deregulate the energy sector.
Eco reveals that nine companies are competing to farm in the Orinduik Block offshore Guyana
Eco Oil & Gas CEO Gil Holzman announced that nine companies are competing for the opportunity to farm in the Orinduik Block offshore Guyana.
BP and Venezuela in talks with Trinidad & Tobago for offshore gas field development
BP and Venezuela have confirmed their engagement in discussions with the Trinidad and Tobago government concerning the joint development of an offshore gas field located in the Caribbean region.
GECF strikes bullish tone on gas demand growth
The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.
ExxonMobil announces first discovery in Guyana for 2024
ExxonMobil Guyana announced that it has made a discovery in the Bluefin well located in the Stabroek Block offshore Guyana; its first discovery of 2024.
Mexico's Zama oil project hit by delays, adjustments
The Zama offshore oilfield development project in Mexico, operated by national oil company Pemex in partnership with Talos Energy, is undergoing significant changes in its engineering design, leading to delays but with strategic aims.
Chile's solar installations hit 1.65GW in 2023, data shows
Chile is continuing to boost its solar energy sector, with newly released data from Chilean PV association Acesol showing that photovoltaic installations in Chile grew by 1.652MW in 2023.
Guyanese firms bid for audit of Stabroek Block expenses
Guyana's National Procurement and Tender Administration Board reported three bids for consulting services aimed at auditing expenses within the Stabroek Block offshore Guyana.
Pemex challenges closure of Cadereyta refinery amid environmental disputes
Mexico’s national oil company Pemex is embroiled in a legal battle against the closure of the Cadereyta refinery in the state of Nuevo Leon.
Brazil faces dilemma between protect the Amazon or boost crude oil output
Brazil finds itself at a crossroads as it grapples with conflicting priorities of protecting the Amazon and expanding its oil production, setting the stage for a complex balancing act between environmental conservation and economic growth.
Archer awarded $20mn contract from Trident Energy oil services in Brazil
Oilfield services firm Archer has been awarded a $20mn contract by Trident Energy to deliver well intervention and platform drilling services in Brazil.
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