Latin America

PDVSA and Rosneft ink oil products agreeement

Submitted by Paddy Harris on 17th November 2014

17th November 2014

PDVSA and Rosneft ink oil products agreeement

Rosneft and PDVSA have signed a long-term contract for supplies of oil and oil products of Venezuelan production

President positive about Lapacho well discovery onshore Paraguay

Submitted by Paddy Harris on 17th November 2014

17th November 2014

President positive about Lapacho well discovery onshore Paraguay

President Energy believes that its Lapacho well discovery in the Chaco Region of Paraguay may be larger than originally thought

Orders in the pipeline for Rotork support Colombia’s increased flow of oil

Submitted by Paddy Harris on 12th November 2014

12th November 2014

Rotork EH electro-hydraulic actuators have been selected as a reliable solution for failsafe valve control on a pivotal new oil pipeline under construction in Colombia

CNPC acquires Petrobras’ assets in Peru

Submitted by Paddy Harris on 12th November 2014

12th November 2014

Last Thursday (6 November), at a formal ceremony in Lima, Petrobras completed the sale of 100 per cent of the shares of its wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation (CNPC), for the sum of USD 2.6bn

LGO nears completion at seventh Goudron well

Submitted by Paddy Harris on 11th November 2014

11th November 2014

LGO nears completion at seventh Goudron well

LGO, formerly Leni Oil & Gas, has announced that well GY-670, the seventh of its planned 30 new development wells at the Goudron Field in Trinidad, is drilling ahead in the Gros Morne Sandstones at a depth of approximately 2,750 feet measured depth (MD) after the setting of the planned intermediate 9 5/8-inch casing at 2,394 feet MD.

Parex spuds Llanos Basin wells onshore Colombia

Submitted by Paddy Harris on 7th November 2014

07th November 2014

Parex spuds Llanos Basin wells onshore Colombia

Parex Resources has commenced drilling operations on two of its exploration properties in the Llanos Basin of Colombia

GeoPark grows portfolio onshore Colombia following Llanos Basin success

Submitted by Paddy Harris on 5th November 2014

05th November 2014

GeoPark grows portfiolio at Llanos Basin onshore Colombia

GeoPark has announced an expansion in Colombia with the addition of the CPO-4 Block to its portfolio through a partnership with SK Innovation, a subsidiary of SK Group

Petrel buoyed by Uruguay seismic data acquisition

Submitted by Paddy Harris on 3rd November 2014

03rd November 2014

Petrel buoyed by Uruguay seismic data acquisition

Petrel Energy has completed the acquisition of a 597-kilometre 2D survey across the Piedra Sola and Salto exploration blocks in Uruguay

Redline Communications applies digital oilfield connectivity to Argentina play

Submitted by Paddy Harris on 31st October 2014

31st October 2014

Redline Communications applies digital oilfield connectivity to Argentina play

Redline Communications has received a USD 1m contract for the first phase of a wireless network that will connect people and machines across an entire oilfield in Argentina – improving productivity, efficiency and worker safety

BPZ prepares to sell gas from producing wells onshore Peru