Offshore South America News - page 103


Eni boosts Mexico Area 1 reserves

Sep 26, 2017

Italian major Eni is pushing forward with its exploration efforts offshore Mexico after drilling its latest successful well and signing three new licenses won during Round 2.1 back in June.  The firm also says its preparing a development…

CGG WAZ survey in Perdido completes early

Sep 26, 2017

CGG has completed ahead of schedule an 11,500sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area. This new survey has been acquired perpendicularly to existing WAZ data and the combined Imaging of this first…

Total lines up stake offshore Guyana

Sep 26, 2017

Total has agreed an option agreement with Eco (Atlantic) Oil & Gas to acquire a 25% stake in the Orinduik Block, offshore Guyana, South America. Eco subsidiary Eco Guyana currently holds a 40% working interest in Orinduik, with Tullow Oil…

Uruguay, take three

Sep 25, 2017

Renowned for its agriculture and livestock industries, Uruguay has sought to expand its oil and gas exploration and production sector over the past decade. The South American nation hopes that its third offshore licensing round will attract…

LQT completes two single lift projects

Sep 21, 2017

LQT Industries has completed the construction and outfitting of two single lift accommodations projects for two oil and gas companies. The first project completed is a three-story new build single lift accommodations facility for a company in South America…

Uruguay launches third offshore licensing round

Sep 20, 2017

Uruguay's Ministry of Industry, Energy and Mining (MIEM) and national oil firm ANCAP have launched the Uruguay Round 3, an offshore licensing round. Image from iStock. Seventeen…

Searcher begins Malvinas campaign off Argentina

Sep 19, 2017

Searcher Seismic has made its entry into Argentina with four new multiclient projects. Map of Searcher's four multiclient projects off Argentina. Map from Searcher. Beginning in phases…

Pemex in Nobilis-Maximino deepwater farmout

Sep 19, 2017

Mexico's Petróleos Mexicanos (Pemex) is seeking a partner for its Nobilis-Maximino deepwater area in the Gulf of Mexico, following the company's strategy to take advantage of the Energy Reform. Map of Nobilis-Maximino…

Karoon still set on Brazil deals

Sep 15, 2017

Karoon Gas says it still intends to move forward with the proposed divestment deal with Petrobras for the Bauna and Tartaruga assets, and the development of Echidna. Map of Santos basin, from Karoon…

Searcher Seismic enters Argentina

Sep 15, 2017

Searcher Seismic has announced entry into Argentina with four new multi-client projects. Commencing in phases, the first phase comprises of an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina…

Brazil sees spike in pre-salt round interest

Sep 12, 2017

Brazil’s National Petroleum Agency (ANP) has received 10 expressions of interest for the second round and 15 for the third round of pre-salt bidding under production sharing contracts in the upcoming 27 October auction. The applications…

Shell, Petrobras ink pre-salt MoU

Sep 12, 2017

Shell and Petrobras signed a five-year memorandum of understanding (MoU) last week to establish a long-term mutual collaboration in developing pre-salt fields in Brazil that will focus on sharing technical and cost-efficient solutions. Libra…

Sea Lion to tap UK Export Finance, contractors

Sep 07, 2017

Falklands-focused explorer Rockhopper Exploration says a funding package for the Sea Lion development is progressing, with the UK's export credit agency and contractors potentially set to step in with cash.  Rockhopper says the Premier…

Magma inks Odebrecht Brazil deal

Sep 06, 2017

Magma Global has signed an agreement with Odebrecht Oil & Gas to supply m‐pipe for the CMHR (Composite Multi-­‐Bore Hybrid Riser) solution for future deployment in deepwater pre-salt projects in Brazil.  Magma’s patented m­pipe technology…

Tullow, Eco complete Orinduik survey

Sep 05, 2017

Tullow Oil and partner Eco Atlantic have completed a 3D seismic survey on the Orinduik Block offshore the co-operative Republic of Guyana. Map of Orinduik, from Eco Atlantic. The…

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