Argentina News


Statoil, YPF in Argentina pact

Oct 28, 2016

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' August production tops 2.8MMbbl

Sep 13, 2016

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…

COSL inks double vessel Mexico gig

Aug 30, 2016

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…

Ex-BHP CFO named new Cobalt CFO

Jul 07, 2016

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…

Sea Trucks bags PIAM pipelay gig

Jul 05, 2016

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, Boskalis enter GoM MoU

Jun 22, 2016

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 fires up new offshore Argentina field

Feb 25, 2016

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 bags Asia, North Sea work

Dec 21, 2015

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 13th round flops

Oct 08, 2015

Brazil’s National Agency of Petroleum (ANP) held the 13th Bidding Round for exploratory blocks yesterday (7 October) that almost mirrored Mexico’s Round One, in that the ANP was only able to sell 37 out of the 266 blocks offered. Brazil's 13th round…

Brazil’s 13th round gains more approvals

Sep 11, 2015

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…

Archer chops 700 from workforce

Aug 03, 2015

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…

Total, BP report better than expected results

Apr 28, 2015

BP and Total beat analysts’ predictions by reporting better than expected results this morning, despite consistently low oil prices.  French oil major Total saw its fastest production growth in more than a decade and gains in its refining…

Global FSRU demand ramps up

Apr 27, 2015

This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…

Vallourec appoints North America lead

Apr 02, 2015

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…

Repsol agrees $8.3bn for Talisman

Dec 16, 2014

Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…

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