Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
ExxonMobil added 1 billion boe of proved oil and gas reserves in 2015 for a total of 24.8 billion boe that was a result of new developments, and a significant discovery offshore Guyana. Image from ExxonMobil…
Focus on the small South American country of Uruguay is set to sharpen after Statoil took a further stake in the country's deep offshore acreage. Statoil, which earlier this month announced it would be a partner with Total on the first deep water exploration well offshore Uruguay…
Statoil is to join French oil major Total in drilling the first deep water exploration well offshore Uraguay. Statoil has agreed to take a 15% stake in Block 14, a frontier block in the deep water Pelotas basin, about 200km offshore, in the the South Atlantic Ocean…
ExxonMobil is moving quickly to spud a well at its Liza discovery, offshore Guyana, in addition to several major projects that are set for start-up in the next two years. Image from Exxon. Exxon…
Eco Atlantic Oil & Gasand Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America. Map of the Orinduik block…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
With ExxonMobil reported to be moving the Liza discovery in deepwater Guyana into pre-front-end engineering design (FEED) less than five months after confirming the find, the project has the potential to yield significant returns for investors…
Independent explorer Kosmos Energy has decided to pull out of its three licenses in the Porcupine Basin, offshore Ireland. According to partner, Ireland-based Europa Oil & Gas, Kosmos has withdrawn from the joint operating agreements…
Inpex's Spari-1 well in Block 31 offshore Suriname is being plugged and abandoned after no significant hydrocarbon shows were found, according to partner Tullow Oil. The well, drilled to 3830m total depth in 52m water depth, found presence of the targeted Campanian turbidite sands…
Production has restarted on the Kwane Nkrumah FPSO (pictured) on Tullow Oil's giant Jubilee field offshore Ghana ahead of expectations. The FPSO had suffered issues with its gas compressor late last month, resulting in a gas export outage from 3 July…
Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and production phases…
The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation…
Heather Saucier examines the effect of regional energy policies on Latin America’s rich untapped resources, estimated to be some 126 billion bo and 679 Tcf of natural gas, a large majority of which is offshore. Piñon…
Canada's CGX Energy said the jackup rig slated to spud its offshore Guyana prospect is due to be completed by end of January 2015. The Hakuryu-12 jackup drilling rig, soon to be part of Japan Drilling Co.'s fleet, is currently under construction in Singapore at PPL Shipyard…
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