Latin America & Caribbean


Best of This Week’s Drilling Activity Highlights (March 27, 2020)

A high-volume Wolfcamp producer by EOG in Loving County, Texas, and results from a Utica Shale well test in Ohio top this week’s drilling activity highlights from around the world.

March 27, 2020


Offshore Exploration: All Eyes On Brazil’s Presalt Basins

Increased E&P activity is expected in the prolific presalt basins of Brazil, which hold billions of barrels of recoverable oil reserves.

February 25, 2020

Trade , International

US Slaps Sanctions On Russian Oil Firm

Rosneft penalized for its support of Venezuela’s Maduro.

February 19, 2020

Exploration & Production

Mexico’s Pemex Signs Contracts For New Oil Projects, CEO Says

Romero added in brief comments to Reuters that he does not expect a quick resolution to talks between Pemex and U.S.-based Talos Energy over the Zama oil discovery.

February 18, 2020

Exploration & Production , International

Mexican Regulator Poised To Referee Zama Oil Discovery Dispute

Closed-door talks between Pemex and a private consortium led by Talos Energy over who will control operations of the so-called Zama project in the southern Gulf of Mexico have recently slowed.

February 14, 2020

Exploration & Production

Ecopetrol, Shell Team Up In Three Blocks In Colombian Caribbean

Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur, Purple Angel and COL-5 blocks, which are found in deepwater areas of the Colombian Caribbean.

February 10, 2020


Reliance, Chevron Defend Business With Venezuela

Companies say their marketing agreements were approved by Washington.

February 7, 2020


BHP Hires McDermott For Ruby Field Work Offshore Trinidad and Tobago

The Ruby Field resides in the Block 3(a) development area of Trinidad & Tobago, approximately 28 miles (45 km) off the northeastern coast of Trinidad.

February 6, 2020

Business , International

US Warns Chevron, Others Over Ties To Venezuela’s Maduro

Energy companies should ‘tread cautiously,’ Trump administration official says.

February 6, 2020

Exploration & Production , International

Pemex CEO Pushes For Control Over Talos-led Zama Discovery

Talos Energy CEO Tim Duncan fired back, reaffirming a technical analysis showing it had a large majority of the find and expressing worry that development of the project could be delayed.

January 30, 2020