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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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.
Suriname opens new deepwater bidding round by offering six blocks on Demerara Plateau
Suriname has officially launched a new licensing round covering some 43,956 square km of deepwater acreage on the Demerara Plateau.
Melbana to drill two appraisal wells at Block 9
Australia’s Melbana Energy said on November 15 that it had decided to drill two appraisal wells at Block 9, the licence area onshore Cuba that it is developing under a production-sharing contract.
Sycar, PdVSA sign MoU on FLNG project
US-based Sycar has signed a memorandum of understanding with Venezuela’s national oil company PdVSA on the development of an LNG export project.
LatAmOil: Guyana starts first competitive offshore licensing round
Colombian leader urges rapid exit from fossil fuel-driven economy
Petro has issued a call for a politically driven, public-sector energy transition, but his words are not likely to have much short-term impact in Colombia.
Argentina extends ExxonMobil and QatarEnergy’s exploration licence for MLO_113 by one year
Argentina’s Energy Secretariat has agreed to extend the term of the exploration permit granted to subsidiaries of ExxonMobil (US) and QatarEnergy for MLO_113, a block in the West Malvinas basin.
Guyana launches first competitive licensing round for offshore blocks
Guyana has launched its first-ever competitive oil and gas licensing round and is now accepting bids for 14 offshore blocks, the country’s Ministry of Natural Resources said on November 4.
Seadrill launches drilling operations at Bacalhau oilfield, Equinor reports
Norway’s Equinor said last week that its contractor Seadrill Management (UK) had begun drilling operations at Bacalhau, an oilfield located offshore Brazil in the Santos basin.
US reportedly discussing Trinidad and Tobago’s plan to use Venezuelan gas for Atlantic LNG
The US government has reportedly agreed to discuss Trinidad and Tobago’s request for a waiver from sanctions on Venezuela’s oil sector in order to secure more feedstock for Atlantic LNG.
Jagdeo: Guyana’s new refinery will serve domestic consumers, not regional market
Guyana's vice president says the country is building an oil refinery to meet the needs of the domestic fuel market, not because it hopes to supply regional fuel markets.
PdVSA set to deliver two cargoes of oil to Eni in November
Venezuela’s national oil company PdVSA is reportedly set to deliver two cargoes of diluted crude oil to a subsidiary of Eni (Italy) this month.
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