Petrobras oil workers strike affects crude productionOct 22, 2013Although Petrobras, Brazil’s state-owned oil giant affirms that the oil workers strike that is entering its third day has hardly affected oil and gas production, the National
Subsea 7 S.A. awarded two contracts offshore BrazilOct 22, 2013Subsea 7 S.A. announced the award of two contracts with a combined value (at the time of contract signature) in excess of US$600 million from Petrobras.
Wison Offshore & Marine launches Zhoushan Fabrication YardOct 21, 2013Wison Offshore & Marine Ltd. (Wison Offshore & Marine) has commenced the construction of key modularized components for the Petroleos De Venezuela, S.A.(PDVSA)
Petrobras completes formation test in Farfan area, Sergipe-Alagoas BasinOct 21, 2013Petrobras has completed a formation test on well 3-BRSA-1178D-SES (3-SES-176D), informally known as Farfan 1, the first to evaluate the production capacity of the
Martek delivers emissions monitoring system so complex no competitor would even quoteOct 18, 2013Martek Marine has delivered the most sophisticated emissions monitoring system ever built for marine use to Daewoo for the world’s largest Floating Storage and
Maple Energy announces management appointmentsOct 15, 2013Maple Energy plc announce the following management appointments: Mr. Jim Pontiff, who currently serves as Chief Financial Officer, has been appointed to the position of Vice President
Parex Resources provides Trinidad updateOct 14, 2013Parex Resources Inc. says that its subsidiary Parex Resources Ltd. has signed a farm-out agreement on the Moruga Block and has given notice that it will
Petroamerica to commence drilling operations at La Guira-1 exploration wellOct 14, 2013Petroamerica Oil Corp. announce the start of drilling operations at its La Guira-1 exploration well on the Los Ocarros Block in the Llanos Basin of Colombia.
Petrobras to increase production to keep up investmentsOct 8, 2013Petrobras announced recently that the company plans to increase production by fifty percent in a bid to emerge from its current financial difficulties. The oil giant desperately needs funds to keep up with investment projections and to compensate for losses due to fuel imports.
By Peter Howard Wertheim
Vast Exploration terminates farm-out agreement in ColombiaOct 7, 2013Vast Exploration Inc. has terminated the farm-out agreement entered into with Sagres Energy Inc. related to PUT-03, a 148,005 acre block located in the Putumayo
Fugro commences multidisciplinary project to support development of significant presalt blockOct 7, 2013Under a contract recently awarded by Repsol Sinopec Brasil, Fugro is to provide geophysical, geotechnical and metocean services to support the development of
Americas Petrogas announces additional drilling program at Medanito SurOct 4, 2013Americas Petrogas Inc. announce that as a result of recent optimization studies, supported by an independent engineering report, the Company has decided to
Petroamerica provides operations update for its activities in ColombiaOct 4, 2013Petroamerica Oil Corp. provide an operating and financial update for activities in Colombia. The Company's cash position, as of September 30, 2013, was approximately US$64 million
Leni Gas & Oil provides update on Maxim Joint Venture in TrinidadOct 4, 2013LGO has reached the agreement with Maxim to extend the deadline to complete the transaction envisaged in the HOA (the "Proposed Transaction").
Atlantic Petroleum provides operations update September 2013Oct 4, 2013Atlantic Petroleum says that during the month of September, Atlantic Petroleum produced a net total of 53,000 barrels of oil equivalents (boe) from the Chestnut,
Shell produces first oil from Phase 2 of Parque das Conchas, offshore BrazilOct 3, 2013Shell and its partners have begun production from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil's south-east coast.
Prysmian Group signs major contracts with Brazilian PetrobrasOct 3, 2013Prysmian Group has been awarded new major contract worth a total of up to approximately $ 260 Million, related to a frame agreement for Umbilical products for
Petrobras increases oil output up in AugustOct 2, 2013Petrobras announces that, in August, oil output (oil plus natural gas liquids - NGL) from all the company's fields in Brazil averaged 1,908,000 barrels per day (bpd).
Americas Petrogas announces 41% increase in Medanito Sur proved plus probable net oil reservesSep 30, 2013Americas Petrogas Inc. announce the results of its updated assessment of its conventional oil and gas reserves on the Medanito Sur block located in Argentina's
Amerisur Resources provides Platanillo updateSep 27, 2013Amerisur Resources provides an update to its operations in the Platanillo field, Colombia. Oil production and export recommenced after road restrictions lifted
ICA Fluor awarded Pemex contract for Miguel Hidalgo Refinery in MexicoSep 26, 2013Fluor Corporation says that its ICA Fluor industrial engineering-construction joint venture with Empresas ICA, S.A.B. de C.V.
Repsol Sinopec Brasil selects the Paradigm Interpretation Software SuiteSep 25, 2013Repsol Sinopec has adopted Paradigm software solutions and services, including the Paradigm interpretation software suite
Amerisur Resources provides Platanillo updateSep 24, 2013Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, says that subsequent to the lifting
Americas Petrogas to commence a process to review strategic alternativesSep 23, 2013Americas Petrogas Inc. says that, following recent success of its ongoing Vaca Muerta Shale exploration program and recent
