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.

October 16, 2019

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.

September 24, 2019

Reservoir Evaluation , Deepwater , Digital Oilfield

Schlumberger Introduces Intelligent Wireline Formation Testing Platform

The Ora platform brings unprecedented performance in dynamic reservoir characterization.

September 18, 2019

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.

August 8, 2019

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.

August 7, 2019

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.

August 5, 2019

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.

July 26, 2019

Discoveries

BHP Makes Three Discoveries Offshore Trinidad & Tobago

Each well  targeted gas in Pliocene-aged rocks.

July 17, 2019

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.

July 12, 2019

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.

July 11, 2019