(S&P Global Platts) Peru's government plans to call for bids in June for up to seven crude oil producing blocks on its northern coast as production dwindles.
The blocks in the Talara Basin, both onshore and offshore, lie in mature...
The historic meeting on Thursday between Heads of State for South America’s oil and gas producers, specifically President of the Republic of Suriname, H.E. Chandrikapersad Santokhi and President of the Federative Republic of Brazil, H.E. Jair Messias Bolsonaro, has...
Guyana’s President Dr. Mohamed Irfaan Ali is scheduled to make a working visit to Paramaribo on Thursday to meet with the President of the Republic of Suriname, Chandrikapersad Santokhi, and the President of Brazil, Jair Bolsonaro.
According to an update...
OPEC's 13 countries pumped 28.04 million b/d of crude last December, up 190,000 b/d from the previous month, while nine non-OPEC partners pumped 13.98 million b/d, an increase of 120,000 b/d, a Platts survey found.
Gains by Venezuela, Kazakhstan, Saudi...
TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant.
The contract extension has an estimated duration of 100...
Private sector representatives in Guyana are outraged over a leaked email from Chairman of the CARICOM Private Sector Organization (CPSO), Gervase Warner, who is quoted as stating that Guyana’s Local Content Law contains several provisions that are in contravention...
South American oil giant, Brazil, and Guyana, the world's hottest exploration hotspot with an incredible string of discoveries in the Stabroek Block, are poised to deepen their bilateral relations.
Towards this end, Guyana's President, Dr. Irfaan Ali held a teleconference...
Brazil's state-run oil company Petrobras will begin exploration this year at a resource-rich region along the country’s northern coast that falls in the same geologic trend containing the massive offshore discoveries made in neighboring Guyana.
According to Petrobras reservoir executive...
By Ed Crooks - Vice-Chair, Americas at Wood Mackenzie
“We have furnished the British great material support and we will furnish far more in the future. There will be no ‘bottlenecks’ in our determination to aid Great Britain.” President Franklin...
(S&P Global Platts) Ecuador's oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 as President Guillermo Lasso seeks to open up the heavily indebted Andean country to foreign investment.
Lasso's...
