Saipem starts preliminary work on ExxonMobil project in Guyana
Italian energy services contractor Saipem has been awarded a new limited notice to proceed worth around $150m by ExxonMobil for…
South America
Saipem: new offshore contract by ExxonMobil Guyana
Saipem has been awarded a new Limited Notice to Proceed (LNTP), worth around 150 million USD, by ExxonMobil Guyana Limited…
South America
Transocean Ltd. Announces $425 Million Additional Backlog for Ultra-Deepwater Drillship
STEINHAUSEN, Switzerland, April 14, 2026 — Transocean Ltd. (“Transocean”) today announced that the Deepwater Corcovado was awarded a 1,156-day contract…
South America
Repsol Returns to Venezuela With Ambitious Production Growth Plan
Spain’s Repsol will return to Venezuela after it signed a new deal with the Venezuelan government, with plans to increase…
South America
Petrobras confirms hydrocarbon discovery in deepwater Campos basin
Petrobras has confirmed a hydrocarbon discovery in the pre-salt section of the Campos basin, following drilling of an exploratory well…
South America
Third well comes online at Brazilian oil field
Brazilian oil and gas company PRIO, formerly known as PetroRio, has started production from another well at its subsea tie-back…
South America
YPF Awards Halliburton Multibillion-dollar Long-term Unconventional Completions Contract in Argentina
Halliburton announced today it was awarded a multibillion-dollar contract by YPF to provide bundled unconventional completions services in the Vaca…
South America
Colombia’s Energy Crisis Deepens as Oil Output Falls and Imports Rise
Fiscally stressed Colombia is facing multiple crises that possess the potential to derail a vulnerable economy. Oil and natural gas…
South America
Petrobras gives out $56 million contract extension to Solstad CSV
A construction support vessel (CSV) owned by Solstad Maritime (SOMA) has secured a two-year contract extension worth approximately $56 million…
South America
SLB Lands Major Deal To Help Tap Suriname’s Oil Reserves Faster
SLB Limited shares traded lower in Wednesday’s premarket session. On Tuesday, the company signed a strategic agreement with PETRONAS Suriname…
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