LatAmOil - Latin America Oil & Gas

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Oil & Gas

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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Premier and Chrysaor expected to retain minority stake in Zama oilfield

23 March 2021

UK-based Chrysaor Holdings and Premier Oil are expected to retain the latter's minority share in Zama, a large oilfield located off the coast of Mexico’s Tabasco State, following their merger into a new company.

Tullow’s GVN-1 well proves disappointing

23 March 2021

Tullow Oil (UK/Ireland) and its partners in Block 47 offshore Suriname have finished drilling the Goliathberg Voltzberg North-1 (GVN-1) exploration well without making a commercial discovery.

Colombia may be exchanging one type of risk for another

19 March 2021

Ecopetrol’s bid for ISA and Mesa’s talk of focusing on copper mining appear to be part of a wider effort in Colombia to take the spotlight off oil and gas.

Former Chevron exec sees oil remaining Venezuela’s biggest draw

19 March 2021

Ali Moshiri, a former Chevron executive who now heads a Houston-based independent known as Amos Global Energy, has said he expects Venezuela to continue seeking investment for the oil industry despite rising climate concerns.

Jabillo-1 well spudded at Canje block

19 March 2021

ExxonMobil (US) and its partners have spudded Jabillo-1, the second exploration well at the Canje block offshore Guyana.

Guyana receives payment for fifth oil cargo

18 March 2021

Guyana’s government said last week that it had received payment for its fifth cargo of crude oil from Liza-1, a field within the offshore Stabroek block.

NiQuan energy subsidiary launches GTL plant in Trinidad

18 March 2021

US-based NiQuan Energy revealed last week that it had begun commercial operations at its new gas-to-liquids (GTL) plant in Trinidad and Tobago.

ExxonMobil floats plan for pilot fracking project at Platero oilfield

18 March 2021

Colombia’s national oil and gas regulator ANH says it has received a proposal from ExxonMobil for a pilot project involving the use of hydraulic fracturing techniques at a field in the Valle Medio del Magdalena basin.

SBM Offshore completes topsides lifting for Liza Unity FPSO

18 March 2021

SBM Offshore (Netherlands) has wrapped up topsides lifting efforts for the Liza Unity, the floating production, storage and off-loading (FPSO) vessel that will be used to develop the Liza-2 oilfield offshore Guyana.

Total set to transfer stake in Orinduik to TOQAP Guyana JV

18 March 2021

Qatar Petroleum is set to become an indirect shareholder in Orinduik, a deepwater block offshore Guyana, under an agreement with France’s Total.

MSJ party’s leader criticises Port of Spain over transfer pricing for LNG

18 March 2021

David Abdulah, the leader of Trinidad and Tobago’s socialist Movement for Social Justice (MSJ) Party, wants the government to respond to a new report alleging that transfer pricing for LNG caused Port of Spain to incur $18bn in losses in 2010-2018.

Pemex reports major new find offshore Tabasco State

18 March 2021

Mexico’s national oil company (NOC) Pemex has reported the discovery of a large new field off the coast of Tabasco State in the southern Gulf.

Petrobras to launch upgrade project at REDUC hydrotreating unit

18 March 2021

Brazil’s national oil company (NOC) Petrobras is slated to upgrade an existing hydrotreating unit at the Duque de Caxias (REDUC) refinery in Rio de Janeiro State.

LatAmOil: Pemex’s big discovery

16 March 2021

Mexico’s national oil company (NOC) Pemex has reported the discovery of a large new field that may hold 1bn barrels of crude.

Petrobras may be heading for a clash with Bolsonaro

12 March 2021

Discontent within Petrobras' ranks may complicate Bolsonaro's effort to keep diesel prices down ahead of the next presidential election.

Auction results, production dip raise concerns about gas supplies in Argentina

11 March 2021

Concerns about natural gas supplies are mounting in Argentina following reports of a decline in domestic production and a lacklustre response to the government’s supplemental auctions.

Chilean company set to take delivery of tugboats for LNG terminal in El Salvador

11 March 2021

SAAM Towage of Chile said earlier this week that it was preparing to take delivery of two new tugboats that will be used at an LNG terminal in El Salvador’s Acajutla port.

Valero to switch all fuel exports to Mexico away from cross-border rail

11 March 2021

US-based Valero is looking to gain more control over its fuel transportation and distribution routes in Mexico, a company representative said last week.

Colombia’s next tender to open by end-March

11 March 2021

Colombia’s government is reportedly set to release the schedule for its next oil and gas licensing round by the end of March.

Repaired equipment ready for return to Liza Destiny FPSO, ExxonMobil says

11 March 2021

A contractor for ExxonMobil (US) has completed repair work on faulty equipment from the Liza Destiny FPSO, which is being used to develop Liza-1, the first producing oilfield at the Stabroek block offshore Guyana.

Total, APA halt drilling work at Keskesi East-1

11 March 2021

Total (France) and APA (US) have halted drilling work on Keskesi East-1, the fourth exploration well drilled at Block 58 offshore Suriname.

CGX to invest $90mn in exploration offshore Guyana in 2021

11 March 2021

Canada’s CGX Energy is preparing to spend about $90mn on exploration work in Guyana’s offshore zone this year.

PetroEcuador to launch drilling programme at ITT block later this year

11 March 2021

Ecuador’s national oil company (NOC) PetroEcuador is set to launch a new drilling programme later this year in order to raise crude oil production levels at the Ishpingo-Tambococha-Tiputini (ITT) fields.

ExxonMobil finds non-commercial hydrocarbon reserves in Bulletwood-1 well

11 March 2021

ExxonMobil (US) and its partners have failed to find commercial quantities of crude oil or natural gas in Bulletwood-1, the first exploration well drilled at the Canje block offshore Guyana.

Tullow expects to complete GVN-1 well at Block 47 in Q2-2021

11 March 2021

Tullow Oil (UK/Ireland) is on track to complete work on the Goliathberg Voltzberg North-1 (GVN-1), which is being drilled at Block 47 offshore Suriname, in the second quarter of 2021.

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