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Latin America

Oil and gas industry news from Latin America

Pacific Rubiales and Ecopetrol quit Rubiales and Pirirí fields in Colombia

Submitted by Editorial staff on 16th March 2015
16th March 2015
Pacific Rubiales Energy and Ecopetrol have agreed not to extend the Rubiales and Pirirí Field Association Contracts, expiring in June 2016

Pacific Rubiales Energy and Ecopetrol have agreed not to extend the Rubiales and Pirirí Field Association Contracts, expiring in June 2016

Peru-focused BPZ files for bankruptcy in US courts

Submitted by Editorial staff on 10th March 2015
10th March 2015
BPZ Resources has filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code

BPZ Resources has filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code

Premier spuds Zebedee well offshore Falklands

Submitted by Editorial staff on 6th March 2015
06th March 2015
The 14/15-5 Zebedee exploration well in licence PL004b off the Falklands Islands was spudded by Premier Oil on 6 March

The 14/15-5 Zebedee exploration well in licence PL004b off the Falklands Islands was spudded by Premier Oil on 6 March

Golar and Rosneft ink FLNG collaboration agreement

Submitted by Editorial staff on 5th March 2015
05th March 2015
Rosneft and Golar LNG Limited have signed a Memorandum of Understanding that foresees cooperation between the companies in the area of liquefaction and transportation of natural gas

Rosneft and Golar LNG Limited have signed a Memorandum of Understanding that foresees cooperation between the companies in the area of liquefaction and transportation of natural gas

Venezuela and Trinidad & Tobago ink natural gas exploration agreement

Submitted by Paddy Harris on 25th February 2015
25th February 2015
The president of Venezuela and the prime minister of Trinidad & Tobago have signed an agreement to jointly explore gas plays in the waters between their two nations

The president of Venezuela and the prime minister of Trinidad & Tobago have signed an agreement to jointly explore gas plays in the waters between their two nations

Vallianz sees doubled year-on-year growth as OSV charters soar in emerging markets

Submitted by Paddy Harris on 25th February 2015
25th February 2015
Vallianz Holdings has unveiled, what it describes as, a sterling set of results for the financial year ended 31 December 2014, with net profit doubled to USD 20.4m from USD 10.3m a year ago

Vallianz Holdings has unveiled, what it describes as, a sterling set of results for the financial year ended 31 December 2014, with net profit doubled to USD 20.4m from USD 10.3m a year ago

ARKeX completes airborne Trinidad survey for LGO

Submitted by Paddy Harris on 19th February 2015
19th February 2015
ARKeX Limited has now successfully completed the Full Tensor Gravity Gradiometry (FTG) survey in Trinidad for LGO

ARKeX Limited has now successfully completed the Full Tensor Gravity Gradiometry (FTG) survey in Trinidad for LGO

GeoPark uncovers further oil pay at Colombia's onshore Llanos Basin

Submitted by Paddy Harris on 18th February 2015
18th February 2015
GeoPark Limited has announced a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia

GeoPark Limited has announced a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia

Crown Point board questions LAIG intentions

Submitted by Paddy Harris on 12th February 2015
12th February 2015
The board of Crown Point Energy, an Argentina-focussed oil and gas company, has twice this week warned shareholders of the company against voting for proposals put forward by LAIG Investments

The board of Crown Point Energy, an Argentina-focussed oil and gas company, has twice this week warned shareholders of the company against voting for proposals put forward by LAIG Investments

Canacol increases final gas flow at Clarinete 1 onshore Colombia

Submitted by Paddy Harris on 10th February 2015
10th February 2015
Canacol Energy has announced that Clarinete 1, the first exploration well drilled in its recently acquired VIM 5 Exploration and Production (E&P) Contract, has tested at a final gross rate of 24.7 million standard cubic feet per day (mmscfpd) of dry gas with no water from the Upper Cienaga de Oro (CDO) reservoir in the second of two production tests over two separate reservoir intervals

Canacol Energy has announced that Clarinete 1, the first exploration well drilled in its recently acquired VIM 5 Exploration and Production (E&P) Contract, has tested at a final gross rate of 24.7 million standard cubic feet per day (mmscfpd) of dry gas with no water from the Upper Cienaga de Oro (CDO) reservoir in the second of two production tests over two separate reservoir intervals

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