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Latin America
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Total Launches Large-Scale Development of the Giant Libra Field Dec 19, 2017Total has announced that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 kilometres off the coast of Rio de Janeiro...
ExxonMobil Expands its Presence in Brazilian Waters Sep 29, 2017A consortium formed by Brazil’s state controlled oil giant, Petrobras and Exxon Mobil Corporation won two blocks in Brazil’s Campos basin at an oil auction on Wednesday 27 September 2017... By Peter Howard Wertheim & Dayse Abrantes
BPTT’s Angelin Project Gets the Green Light Jun 5, 2017BP Trinidad and Tobago LLC has announced the sanction for the development of its Angelin offshore gas project.
Brazil Announces Measures to Encourage Increased Investments in Oil and Gas Sectors Mar 13, 2017The Brazilian federal government has announced a new policy to enhance and encourage investment in the oil and gas area in Brazil. By Peter Howard Wertheim & Dayse Abrantes
ExxonMobil Confirms Significant Guyana Offshore Oil Discovery Jul 1, 2016Exxon Mobil Corporation reports that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery...
Wood Group Awarded Engineering and Procurement Services Peregrino Contract Jun 28, 2016Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services...
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Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Latin America
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Trelleborg Achieves Demanding Oil & Gas Certification in BrazilApr 13, 2016Trelleborg’s offshore operation in Macae, Brazil, has been awarded ISO 9001:2008 certification.
Shell Delivers More Brazil Deepwater ProductionMar 15, 2016Shell and its joint venture announce the start of oil production from the third phase of the deepwater Parque das Conchas (BC-10) development in Brazil’s Campos Basin.
MEO Australia to raise $1.4 million to fund Cuban explorationFeb 29, 2016MEO Australia Limited has executed a Private Placement Agreement with London listed Leni Gas Cuba Limited to raise $1.4 million, with funds to be used to advance MEO’s exploration
Rosneft and PDVSA signs agreement to jointly produce gas in VenezuelaFeb 24, 2016Rosneft and PDVSA has signed Heads of Agreement to establish a joint venture for implementation of the large-scale project for production, treatment and sale of natural gas at the offshore fields
CGG awarded survey extension Offshore ColombiaFeb 4, 2016CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015.
Rockhopper and Falkland scheme of arrangement becomes effectiveJan 19, 2016On 24 November 2015, the boards of Rockhopper and FOGL had reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned
Gran Tierra to acquire consolidating interests in the Putumayo-7 BlockJan 18, 2016Gran Tierra Energy Inc. has entered into an agreement with PetroGranada Limited to acquire all of the issued and outstanding shares of PetroGranada Colombia Limited.
Petrobras reports adjustments to the 2015-2019 business and management planJan 14, 2016Petrobras says that its Board of Directors has approved certain adjustments to the 2015-2019 Business and Management Plan (2015-2019 BMP).
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Pemex extends Fugro offshore geophysical and geotechnical campaignDec 25, 2015The contract extension is valued at approximately USD 20 million and the workscope includes geophysical and geotechnical field operations, laboratory testing and
LGO Energy no longer in active discussions to acquire Trinity-InnissDec 25, 2015LGO clarifies that whilst formal negotiations with the owners of FRAM Exploration (Trinidad) Limited, which holds the Trinity-Inniss Incremental Production Services Contract
Cash Strapped Petrobras Attempts to Sell Pre-Salt AreasDec 16, 2015“Our strong operational result was consumed by a decline in the exchange rate,” Petrobras Chief Financial Officer Ivan Monteiro told reporters in Rio de Janeiro. Petrobras posted a loss of USD1.01 billion in the third quarter.... By Peter Howard Wertheim & Dayse Abrantes
Bright Future TrendsDec 11, 2015Part 4: Report from Peter Howard Wertheim and Dayse Abrantes, in Rio de Janeiro, Brazil, based on papers and interviews with Professor Cleveland M. Jones, DSc., and Professor Hernani Aquini Fernandes Chaves, DSc., geologists. For Scandinavian Oil-Gas Magazine (Oslo, Norway). By Peter Howard Wertheim & Dayse Abrantes
Petrobras Step by Step Assessment of Pre-Salt PlaysDec 9, 2015Part 3: Report from Peter Howard Wertheim and Dayse Abrantes, in Rio de Janeiro, Brazil, based on papers and interviews with Professor Cleveland M. Jones, DSc., and Professor Hernani Aquini Fernandes Chaves, DSc., geologists. For Scandinavian Oil-Gas Magazine (Oslo, Norway). By Peter Howard Wertheim & Dayse Abrantes
Current Issues Affecting PetrobrasDec 5, 2015Part 2: Report from Peter Howard Wertheim and Dayse Abrantes, in Rio de Janeiro, Brazil, based on papers and interviews with Professor Cleveland M. Jones, DSc., and Professor Hernani Aquini Fernandes Chaves, DSc., geologists. For Scandinavian Oil-Gas Magazine (Oslo, Norway). By Peter Howard Wertheim & Dayse Abrantes
Petro-Victory Energy Corp. announces resignation of directorDec 3, 2015Petro-Victory Energy Corp. wishes to announce the resignation of Drew Faulkner from the Company's board of directors. Mr. Faulkner joined the board in late July anticipating that he could devote sufficient time t
Evaluation of Yet-to-Find (YTF) Oil in the Pre-salt area of BrazilDec 1, 2015Part 1: Report from Peter Howard Wertheim and Dayse Abrantes, in Rio de Janeiro, Brazil, based on papers and interviews with Professor Cleveland M. Jones, DSc., and Professor Hernani Aquini Fernandes Chaves, DSc., geologists. By Peter Howard Wertheim & Dayse Abrantes
Equatorial Guinea's national gas company opens negotiations for LPG purchaseNov 26, 2015The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced that national gas company SONAGAS will begin marketing the State's share of liquefied petroleum gas (LPG) produced at the
Falcon Oil & Gas successfully drill Amungee NW-1H hHorizontal wellNov 19, 2015Falcon Oil & Gas Ltd. has successfully concluded drilling operations on the Amungee NW-1H horizontal well. The well was drilled to a total measured depth of 3,808 metres,
Petrobras: Pre-salt output tops the 1 million barrels of oil equivalent per dayOct 21, 2015Production of oil and natural gas from facilities operated by Petrobras in the pre-salt layer exceeded 1 million boed during September, with output
AziLat enters transaction to acquire two blocks, offshore BrazilOct 20, 2015AziLat Ltd. has entered into a transaction with OGX Petróleo e Gás S.A., to acquire OGX's full interest in two blocks , offshore Brazil.
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