GE awarded over $300 million subsea equipment contract from Petrobras
Sep 19, 2014
GE Oil & Gas has won a more than $300 million contract with Petrobras for the first supply of the subsea manifold systems for Brazil’s pre-salt fields,

Well GY-665 now on stream at encouraging initial production rate
Sep 18, 2014
Leni Gas & Oil’s well GY-665 at the Goudron Field in Trinidad has undergone a series of initial production tests from the Gros Morne Sandstones

GE releases new technologies at Rio Oil & Gas
Sep 17, 2014
During Rio Oil & Gas, which takes place September 15-18 in Rio de Janeiro, GE Oil & Gas will present solutions for the Latin American oil

Aker Wayfarer wins five-year contract from Petrobras
Sep 16, 2014
Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year option extension. AKOFS will at the end of September become

Jailed former Downstream director of Petrobras to testify in Congress about corruption in the company.
Sep 15, 2014
Jailed former Downstream director of Petrobras to testify in Congress about corruption in the company. This could severely affect

Ecologist Marina Silva attracting investors support including from Brazil's largest bank
Sep 13, 2014
Investors are warming up to a possible victory by Marina Silva in Brazil's presidential election as the popular environmentalist emerges as

Brazil may elect the first green President in the world
Sep 11, 2014
Brazil is on the verge of electing the first green president in the world. Industry and government linked to pre-salt investment very worried

Technip awarded a substantial EPIC contract offshore Trinidad
Sep 10, 2014
Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the

EMGS signs agreement with Petrobras for EM Leader
Sep 10, 2014
Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 5.5 million from Petrobras for 3D EM data acquisition in Brazil.

WorleyParsons awarded EPCM services contract by OCENSA Colombia
Sep 9, 2014
WorleyParsons has been selected to provide engineering, procurement and construction management (EPCM) services under a contract

Searcher Seismic completes acquisition of the Pinatubo 2D Broadband seismic survey
Sep 8, 2014
Acquisition of the Pinatubo multi-client 2D seismic survey is now complete. The 3,510 km survey covering a 10 by 20 km grid in the West

ShawCor completes sale of Brazilian joint venture interest
Sep 8, 2014
ShawCor Ltd has completed the sale of its Socotherm division's joint venture interest in Socotherm Brasil, first announced in December

Statoil farms into acreage offshore Colombia
Sep 5, 2014
Statoil has signed farm-in agreements with Repsol acquiring a 10% equity share in the Tayrona licence and a 20% equity share in the

Petrobras receives international award for deep-water exploration and production
Sep 5, 2014
Petrobras CEO Maria das Graças Silva Foster has announced winner of the Global Pacific & Partners Award in the Offshore/Deepwater Player category at the 20th Latin Oil Week, an event held at the Copacabana Palace Hotel in Rio de Janeiro. Awards were made to the most outstanding Latin American companies

RDS Wins Front End Engineering and Design Contract for Sea Lion
Sep 3, 2014
RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the

Reflex Marine given green light to introduce FROG-6 into Mexico
Aug 28, 2014
Reflex Marine has been granted approval by the Mexican Merchant Marines to sell its crane transfer device, the FROG-6, in Mexico.

Canacol Energy tests 15.5mmscfpd at Palmer 1 gas discovery
Aug 28, 2014
Canacol Energy Ltd. says that the first well of its three well gas exploration program, Palmer 1, has tested 15.5 million standard

Amerisur's Platanillo-18 well drilled to a total depth of 9,511ft MD
Aug 27, 2014
Amerisur Resources says that the well Platanillo-18 in the Platanillo Field, Colombia, has been successfully drilled to a total depth of

Wood Group Kenny wins two contracts with Petrobras in Brazil
Aug 27, 2014
Wood Group Kenny (WGK) has won two contracts with a total value of over $2 million with Brazilian operator Petrobras.

Canacol's Pantro 2 exploration well encounters oil pay within the C7, Gacheta
Aug 25, 2014
Canacol Energy Ltd. says that the Pantro 2 exploration well encountered oil pay within the C7, Gacheta, and Ubaque sandstone

AziLat Ltd., secures acreage position offshore Brazil
Aug 21, 2014
AziLat Ltd. has signed a farm-in agreement (the farm-in) with Chariot Brasil Petróleo e Gás Ltda., a wholly owned subsidiary of

FMC gets order for five additional subsea manifolds for Petrobras' pre-salt fields
Aug 20, 2014
FMC Technologies, Inc. has received an order for five subsea manifolds from Petrobras, Brazil's national oil company, for its pre-salt

Maple produces approx. 24,062 cubic metres of fuel-grade ethanol as of June 30, 2014
Aug 18, 2014
Maple Energy declares various updates regarding its ethanol business and operations for the period January 1st to June 30th, 2014.

National Oilwell Varco gets welding solution from Pemamek
Aug 15, 2014
National Oilwell Varco (NOV) has decided to purchase production and welding automation solution from PEMA for their