Geoscience firm Spectrum has started a 35,000km multi-client 2D seismic survey covering 435,000km offshore Argentina, in deepwater, in cooperation with YPF and with the authorization of the Ministry of Energy and Minerals. This survey…
Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…
Pacific Exploration & Production Corp. has appointed Barry Larson as its new chief executive officer, effective 20 February 2017. Larson will be based at the company's operating headquarters in Bogotá, Colombia. Jim Latimer will continue…
DOF has been awarded three new contracts. The first contract, with Asco Marine Ltd., is a two-year firm contract, with options, for the vessel Skandi Aukra. The second contract, with Eni Norge, is a 13-month call-off, with minimum 60 days firm for the vessel Skandi Iceman…
Norwegian giant Statoil and Argentina’s state owned company YPF have entered a cooperation agreement to study the offshore areas of Argentina. Darre, Dodson. Image from YPF. YPF CEO Ricardo Darre…
Petrobras’ daily oil and natural gas production for the month of August totaled 2.84 MMboe, 2.72 MMboe of which was produced in Brazil and 0.12 MMboe was produced abroad. Brazil registered record oil and gas monthly production in August…
China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform. The COSLHunter, from COSL…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
Enap Sipetrol Argentina has awarded Sea Trucks a contract for a pipelay construction project for the PIAM Project in the Magallanes Field, offshore Argentina. The scope of work covers engineering, project management and installation of three pipelines of various sizes ranging from 6-14in…
Delta SubSea and Boskalis Subsea Services have entered into a memorandum of understanding (MoU) to provide integrated diving and ROV solutions in the Gulf of Mexico. Image from Boskalis. The…
Total has started production at the offshore Vega Pleyade gas and condensate field, one of Argentina's largest offshore gas fields. Operated by Total, the project will have a production capacity of 10 MMcm/d (70,000 boe/d). The Vega…
DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has approved registrations for a total of 37 companies for the country’s 13th bid round, of which 22 are from outside of Brazil. Image from ANP's Facebook…
UK-based drilling specialist Archer reported a 22.5% drop in 2Q 2015 that will lead to cutting 700 jobs in its global workforce. Image from Archer. Revenue for 2Q was US$388…
Vallourec appointed Nicolas de Coignac as senior vice president Vallourec Group, President North America effective 1 April 2015. In his new role de Coignac will lead all Vallourec businesses in North America, and drilling operations worldwide…