South America

March 1, 2018

Petrobras starts next sale of assets in Campos Basin

Brazil’s state-run oil company Petroleo Brasileiro SA said on Tuesday it was initiating the next phase for its sale of exploration and production rights for Polo […]
February 28, 2018
Exxon Mobil

ExxonMobil reports seventh discovery offshore Guyana

ExxonMobil Corporation has announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. ExxonMobil encountered approximately 65 ft (20 m) of high-quality, […]
February 28, 2018
Turning aging rigs into reefs

Bolivia reaches preliminary $2.5 billion investment deal

Bolivia’s state-run oil company YPFB signed a memorandum of understanding with Dubai-based Kampac Oil and London-based investment office Milner Capital for oil and gas exploration and […]
February 16, 2018
peru lng

Peru LNG operations and exports suspended due to burst pipeline

Operations have been suspended at Peru’s sole LNG plant because of a lack of supply caused by a 3 February pipeline rupture, choking off exports. The […]
January 30, 2018

CHC Brazil Reaches New Contract with Statoil

CHC group announced a new contract supporting Statoil, one of Brazil’s largest oil producers. The two-year agreement will support flying to Operational Area – BM-S-8 – […]