Suriname’s state oil company Staatsolie Maatschappij Suriname N.V., TotalEnergies Suriname and QatarEnergy signed production sharing contracts for offshore blocks 6 and 8 on Monday May 8, 2023.
In 2021, a Shallow Offshore Bid Round was completed offshore the South American...
The assurance of Trinidad’s Energy Minister, Stuart Young may have been given prematurely when he claimed that the controversy surrounding Venezuela’s PDVSA would not affect the Dragon gas deal.
It seems there has been no word from Venezuelan counterparts on...
Brazil’s state-owned Petrobras has delayed the start-up of three floating production, storage and offloading (FPSO) vessels as its new energy strategy is being crafted.
Petrobras said that first oil dates for the Almirante Tamandaré FPSO and Maria Quiteria FPSO are...
Trinidad’s Touchstone Exploration Inc. said on April 24 that it confirmed the presence of light crude oil at non-commercial rates during the first Royston-1X well production test in the onshore Ortoire block.
Touchstone said in its announcement that five potential...
By Ivelaw Lloyd Griffith
The International Court of Justice (ICJ) issued its latest ruling in the ongoing judicial saga between Guyana and Venezuela on April 6, last, during the week when three of the world’s most influential religions—Christianity, Islam, and...
Countries in Latin America and the Caribbean, like their counterparts around the world, are forging ahead with plans to accelerate the development of their oil and gas resources. This has seen countries such as Guyana and Suriname rolling out...
Guyana’s Petroleum Management Programme has been restored one week after hackers vandalised the website. The malicious attack left the pages littered with graphics claiming ‘EL ESEQUIBO ES VENEZUELA’, a statement promoting Venezuela’s position on the border controversy, and maps...
Aiming to boost Brazil’s natural gas supply, the state-owned Petrobras issued tenders for two production platforms for its Sergipe Deepwater Project (SEAP), in the Sergipe-Alagoas Basin, about 100 km off the country’s coast.
Besides expanding Brazil’s availability of natural gas,...
The PDVSA billion dollar oil scandal runs deep with the arrests now at 34, according to Venezuela’s Attorney General Tarek Saab. Venezuelan authorities have also issued 67 arrest warrants, 30 of which are for public officials and financial operators...
After a third dud, ExxonMobil has abandoned current drilling efforts in Brazil’s deepwater acreage, according to a Wall Street Journal report.
WSJ’s sources indicate that Exxon has shifted geologists and engineers from Rio de Janeiro to its other prospects in...
