LatAmOil - Latin America Oil & Gas

COVID-19 exposure forces Saipem to delay launch of logistics base

Italy’s Saipem has postponed the launch of its new logistics base and offshore construction base in Georgetown, the capital of Guyana.

Mexico’s energy priorities vs. the IEA’s climate concerns

Fossil fuels are likely to retain their place at the top of Mexico’s energy balance for the time being, despite the IEA's net-zero recommendations.

ANP reports Brazilian oil production up in April

Brazil’s oil output rose for the second consecutive month in April, according to new data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

EPA orders 60-day shutdown of Limetree Bay refinery

The US Environmental Protection Agency (EPA) has ordered Limetree Bay Ventures, the operator of the US Virgin Islands’ only oil refinery, to suspend operations for a period of 60 days.

Canje drilling programme expected to shed light on extent of Upper Cretaceous play

Westwood Global Energy Group believes that the outcome of ExxonMobil’s exploration drilling programme at the Canje block will help determine how far the Upper Cretaceous play extends through the Guyana-Suriname basin.

ExxonMobil Guyana to restart gas compressor on Liza Destiny FPSO next month

ExxonMobil Guyana is reportedly on track to re-install and restart the flash gas compressor (FGC) system on the Liza Destiny FPSO at the offshore Liza-1 oilfield by the end of June.

Mesa says Colombia’s oil production has dropped below 700,000 bpd

Colombia’s oil production has dropped below the threshold of 700,000 barrels per day (bpd) for the first time in more than a decade, Energy Minister Diego Mesa said earlier this week.

Pemex to build $2.64bn coking plant at Tula refinery

Mexico’s national oil company (NOC) Pemex has said it intends to build a coking plant at the Tula refinery in Hidalgo State.

Outgoing Staatsolie chief comments on potential of Suriname’s first three discoveries

Rudolf Elias, the outgoing managing director of Suriname’s national oil company (NOC) Staatsolie, has said he expects the first three fields discovered in the country’s offshore zone to yield at least 1.4bn barrels of oil equivalent (boe).

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.