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…
South America
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…
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