Seadrill wins $480 million rig contract extension with Petrobras
Drillship West Polaris will continue drilling offshore Brazil until early 2031 Bermuda-based drilling company Seadrill has secured a contract extension…
South America
Third well comes online at Brazilian oil field
PRIO has opened the taps at the third producing well at the Wahoo field, where production has stabilized at 10,000…
South America
Valaris Nets $447M Brazil Drillship Extension, Inks Suriname Collaboration Deal
Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration…
South America
Seadrill lands $480m drillship extension with Petrobras
New York-listed driller Seadrill has secured a long-term extension for its ultra-deepwater drillship West Polaris, keeping the rig working for…
South America
Brazil February 2026 Oil & Gas Production Breaks Record with 5.304 mm boed/d
Brazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per…
South America
Arrow Exploration brings new Colombian oil well on stream ahead of schedule and under budget
Arrow Exploration Corp the Calgary-based oil producer focused on Colombia, has successfully drilled and brought into production a new well…
South America
Parex CEO bets on Colombia despite regulatory challenges
The executive says the company aims to become the country’s largest private oil and gas producer. Valora Analitik spoke exclusively…
South America
Venezuela Oil Production Climbs to 1.1 Million Bpd
Venezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in February,…
South America
Venezuela opposition leader María Corina Machado calls for full privatization of oil industry
HOUSTON — Venezuela opposition leader María Corina Machado called Tuesday for the full privatization of the South American nation’s oil…
South America
Brazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil exploration
Brazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration partnership…
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