Region: Latin America Category: Oil & Gas Frequency: Every Tuesday
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LatAmOil provides oil and gas Insight and Foresight from Mexico and Central America to the Caribbean and South America. From the heavyweight producers such as Brazil to emerging frontiers like Guyana, LatAmOil informs you of what is going on and why through commentary, exclsuive interviews, news and analysis. In such a notoriously challenging environment, in-depth and accurate information makes every difference in vital decision making and strategy – LatAmOil brings this directly to your inbox every week.
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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.
Petrobras: About to come down from a high point?
As Brazil marks an all-time high in production, Lula appears to be gearing up for major changes at Petrobras.
NFE, Pemex finalise strategic partnership agreement for Lakach gas project
US-based New Fortress Energy (NFE) has finalised an agreement with Mexico's Pemex on the development of Lakach, a deepwater natural gas field.
Washington could authorise Chevron to resume operations in Venezuela soon
Washington may authorise the US major Chevron to resume operations in Venezuela in the very near future, three sources familiar with the matter told Reuters on November 23.
Investigation indicates that companies with US ties are assisting Venezuelan fuel shipments
Two companies with ties to the US appear to be assisting Venezuela in transporting large amounts of petroleum products to the world market via an Iranian-built tanker.
Brazil’s gas re-injection volumes hit new record high in October
Brazil saw the volume of natural and associated gas re-injected into crude oil reservoirs rise to the record high level of 76.4mn cubic metres per day in October of this year.
National Energy Corp. of Trinidad and Tobago will attend conferences to promote energy services
State-owned National Energy Corp. of Trinidad and Tobago will participate in at least three major oil and gas summits next year in an effort to help the country’s energy services sector expand.
Mar del Plata branch CGT urges court system to overturn freeze on offshore seismic study
The Mar del Plata branch of Argentina’s General Confederation of Labour (CGT) has protested against Federal Judge Santiago Martin’s decision to suspend an offshore oil and gas exploration project.
Company sources say Pemex has been paying fines rather than meeting environmental standards
Mexico’s national oil company Pemex has been paying fines for violating environmental regulations rather than rectifying its underlying deficiencies, two senior company sources told Reuters last week.
Saudi, UAE ministers deny talks of output increase
EPA says Limetree Bay refinery must meet new permitting requirement before resuming operations
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.
ExxonMobil, Stabroek contractors have paid more than $700mn to Guyanese firms since 2015
ExxonMobil (US) and its contractors have paid more than $100mn per year on average to Guyanese suppliers since the announcement of its first crude oil find at Liza.
ANH head says Colombia’s government still deciding whether allow oil and gas deals
Colombia has not yet come to a final decision as to whether it would push forward with previously announced plans to block new oil and gas exploration deals.
LatAmOil: Suriname launches deepwater bidding round
Suriname’s national oil company Staatsolie officially launched a new licensing round covering deepwater acreage on the Demerara Plateau on November 8.
Lula may make change for Petrobras a high priority
The Brazilian president-elect has signalled that he may start working soon to revamp the NOC’s mission and function so that it can concentrate more on renewables and less on fossil fuels.
Ceara State’s plan to publish gas distribution laws draws Brazilian gas associations’ ire
Brazilian natural gas industry associations have protested against the Ceara State government’s plan to publish the regulations governing pipeline distribution to approval of the basic legal regime.
Echo Energy finishes upgrading workover rig for use at Santa Cruz Sur upgrade projects
AIM-listed Echo Energy says that the upgrade of the workover rig being used at the Santa Cruz Sur concessions in southern Argentina has been completed.
Guyana names CH4/Lindsayca consortium as top bidder for onshore GTE construction contract
Guyana has named a consortium established by two US companies as the top bidder for a contract to build the onshore components of its planned gas-to-energy (GTE) network.
Pemex agrees to work with EPA to formulate plan for reducing methane emissions
Mexico's Pemex has agreed to work with the US Environmental Protection Agency (EPA) to reduce emissions of methane and other greenhouse gases.
Trinidad and Tobago hopes to wrap up deepwater bidding round soon, energy minister says
Trinidad and Tobago hopes to wrap up its deepwater bidding round soon, Energy Minister Stuart Young says.
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