Latin America & Caribbean
Trends
A&D Transactions From The Week Of Oct. 16, 2019
Here’s a snapshot of energy deals from the past week including Parsley Energy’s acquisition of its Permian neighbor Jagged Peak Energy in an all-stock transaction worth roughly $2.3 billion.
Crude Oil , International
US Slaps Sanctions On Firms Moving Venezuelan Oil To Cuba
The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport.
Reservoir Evaluation , Deepwater , Digital Oilfield
Schlumberger Introduces Intelligent Wireline Formation Testing Platform
The Ora platform brings unprecedented performance in dynamic reservoir characterization.
Field Development
BHP Group To Invest $283 Million In Trinidad and Tobago Petroleum Project
Total investment in the Ruby Project, in which BHP holds a 68.5% stake, is about $500 million, the company said in a statement.
Trends
A&D Transactions From The Week Of Aug. 7, 2019
Here’s a snapshot of energy deals from the past week including Occidental’s $1.5 billion Permian Basin JV and a $700 million dropdown deal from Diamondback Energy.
Business , Deepwater , International
ICC Tribunal Dismisses Conoco’s $1.5 Billion Claim Against PDVSA
Arbitrators rule that PDVSA only owes $33.7 million plus interest.
International
Venezuela Opposition Divided By Proposal For Iraq-Style ‘Oil-For-Food’ Program
A faction contends that the proceeds would be embezzled by the current administration.
Discoveries
BHP Makes Three Discoveries Offshore Trinidad & Tobago
Each well targeted gas in Pliocene-aged rocks.
Unconventional , Reservoir Evaluation , Highlights , Discoveries , Shale Plays
Best Of This Week’s Drilling Activity Highlights (July 12, 2019)
Cimarex Meramec wells, Marathon Three Forks discoveries plus ConocoPhillips Alaska drilling permits top this week’s drilling activity highlights from around the world.
Field Development , Lease Sales
Dominican Republic Opens Doors To First Ever Licensing Round
There were 14 offshore and onshore blocks put up for bidding with a transparent, low-risk contract for investors.