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South America
VALARIS 249
South America

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…
offshore oil and gas platforms
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…
Valaris’ 2001-built rig wraps up its gig with BP ahead of schedule
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…
Block X 184-Well Campaign Launches at Peru's Second Largest Oil Producer
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…
ExxonMobil Guyana pushes ahead with new Stabroek exploration well
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…
Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil
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…
Argentina’s shale revolution hits new high with record oil output
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…
onshore-oilandgas
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…
Fluxus Oil, Gas & Energy
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…
pdvsa-drilling
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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