LatAmOil - Latin America Oil & Gas

IEA calls for end to oil, gas investment as world strives for net zero

LatAmOil: Peru LNG halts production

The Peru LNG consortium has suspended operations at its natural gas liquefaction plant in Pampa Melchorita, citing an issue with one of its compressors.

Peru LNG halts production, citing compressor problem

The Peru LNG consortium has suspended operations at its natural gas liquefaction plant in Pampa Melchorita, citing an issue with one of its compressors.

Invenergy, BW LNG complete financing of FSRU for El Salvador

Invenergy and BW LNG announced this week that they had completed the financing of a floating, storage and regasification unit (FSRU) for the Energía del Pacífico (EDP) LNG-to-power project in El Salvador.

Limetree Bay Ventures under pressure

The operator of the US Virgin Islands’ only refinery is under pressure from environmental groups – and from local officials who want the plant to resume operations.

McDermott to conduct FEED study of FPU for BHP’s Trion field

US-based McDermott International will provide FEED services for a semi-submersible floating production unit (FPU) that will be installed at Mexico's offshore Trion field.

PetroTal expects Bretaña field to yield 18,000-19,000 bpd by year-end

PetroTal (Canada) expects production levels at Bretaña, its flagship oilfield in Peru, to rise to at least 18,000 barrels per day by the end of this year.

TGS blames government pricing policy for losses in Q1-2021

Transportadora de Gas del Sur (TGS), Argentina’s largest transporter of natural gas, has blamed the government for its poor financial performance in the first quarter of the year.

Protests roil Colombian LPG market

Civil unrest in Colombia is reportedly disrupting deliveries of LPG to the domestic market.

Investors submit 10 bids for three blocks offshore Suriname

Staatsolie, the national oil company (NOC) of Suriname, said last week that it had received bids for less than half of the eight offshore blocks included in its latest licensing round.

Guyana set for first licensing round in 2022

Guyana’s government has indicated that it intends to move forward with its first offshore licensing round next year.

CGX says it is more optimistic about Corentyne following 3-D seismic study

Canada’s CGX Energy has said it is even more optimistic about its chances of finding oil at the Corentyne block offshore Guyana following the acquisition of additional seismic data.

ExxonMobil seeks Guyanese EPA’s permission to develop Yellowtail

Guyana’s Environmental Protection Agency (EPA) reported last week that ExxonMobil had formally applied for permission to develop Yellowtail, one of 19 offshore oilfields discovered within the Stabroek block.

Keppel to build P-78 FPSO under new contract with Petrobras

Petrobras has tasked Keppel Shipyard (Singapore) with building a new FPSO unit to be deployed at Búzios, an offshore oilfield in the pre-salt section of the Santos basin.

LatAmOil: API blasts AMLO for favouring Pemex

Mexican President Andres Manuel Lopez Obrador has come under fire from the API for his efforts to ensure that state-owned companies continue to dominate the domestic energy sector.

API blasts AMLO for amending oil and power laws

Mexican President Andres Manuel Lopez Obrador has come under fire from the API for his efforts to ensure that state-owned companies continue to dominate the domestic energy sector.

Suriname eager to co-operate with Guyana on oil spill responses

Suriname’s Minister of Natural Resources David Abiamofo said last week that his country was eager to co-operate with neighbouring Guyana on the prevention and remediation of oil spills.

BHP achieves first oil at Ruby field

Australia’s BHP has begun extracting crude oil from Ruby, a section of Block 3(a) within the Greater Angostura field offshore Trinidad and Tobago.

Saipem gears up to launch logistics base in Georgetown

Saipem, the Italian oilfield services provider, is reportedly set to launch a new logistics base and offshore construction facility in Georgetown, the capital of Guyana, within the next few weeks.

Sycar wraps up permit process for LNG project in Ecuador

US-based Sycar has completed the process of obtaining permits for its small-scale LNG project in Ecuador.

Pemex points to problems with schedule, budget for Dos Bocas refinery project

Mexico’s national oil company (NOC) Pemex has said it does not expect work on the 340,000 barrel per day Dos Bocas refinery to be completed on time or within budget.

Chilean NGO to set up green hydrogen fund

Fundacion Chile, a Chilean non-government organisation (NGO), has unveiled plans for funding green hydrogen projects in order to accelerate the country’s transition away from fossil fuels.

Petrobras calls tender for newbuild FPSO to be installed at Búzios

Brazil’s national oil company (NOC) Petrobras has called a tender for the acquisition of a new FPSO that will be deployed at Búzios, an offshore oilfield in the pre-salt section of the Santos basin.

Enauta settles legal dispute with Dommo Energia over BS-4 block

Brazilian independent Enauta Participações said last week that it had settled its legal dispute with Dommo Energia, another privately owned Brazilian firm, over the offshore licence area that contains the Atlanta oilfield.

Guyana to adopt new model for awarding oil contracts

Irfaan Ali, the president of Guyana, has announced plans to introduce a new model for assigning oil blocks to investors.