Valaris 249 wraps up Angelin campaign for BP in Trinidad
Valaris finished a two-well workover and completion campaign for BP offshore Trinidad nearly 17 days ahead of schedule, deploying its…
South America
Petrobras confirms new gas discovery offshore Colombia at Sandia-1
Petrobras reported a new natural gas accumulation at the Sandia-1 exploration well in Block GUA-OFF-0, offshore Colombia. The well sits…
South America
Valaris’ 2001-built rig wraps up its gig with BP ahead of schedule
Bermuda-incorporated offshore drilling contractor Valaris has confirmed the completion of its assignment with the UK-headquartered energy giant BP off the…
South America
Block X 184-Well Campaign Launches at Peru’s Second Largest Oil Producer
Operations have begun on a 184-well drilling campaign at Block X in Peru, the country’s second-largest crude producing block, marking…
South America
ExxonMobil Guyana pushes ahead with new Stabroek exploration well
ExxonMobil Guyana Limited kept up exploration drilling at the Rockhead-1 well within the Stabroek Block, located about 213 km off…
South America
Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil
Noble Corporation has reported a net loss of $37 million for the second quarter of 2026, as the operational suspension…
South America
Argentina’s shale revolution hits new high with record oil output
Argentina’s oil industry continues to gather momentum, posting record crude production in May as development of the vast Vaca Muerta…
South America
Argentina’s Oil Production Soars as Vaca Muerta Breaks New Records
Argentina’s massive shale oil and gas boom is going from strength to strength. The economically crisis-prone South American country yet…
South America
Fluxus acquires stake in Venezuela’s Petrororaima joint venture
Brazil’s billionaire Batista brothers have acquired a stake in an oil production project in Venezuela, the latest deal to emerge…
South America
Lionheart nears $400 million deal for Venezuela oil field stake
Lionheart Capital is close to a $400 million deal for a stake in a Venezuelan oil field, in what would…
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