South America

Field Development , Subsea

Petrobras to Hire FPSO Platform from SBM Offshore for Búzios Field

Brazilian oil company Petrobras said it signed a letter of intent on Feb. 24 with Holland’s SBM Offshore to hire a FPSO for the Búzios field in the Santos Basin pre-salt.

February 25, 2021

Exploration & Production

Petrobras Gets Single Offer from SBM for Mero 4 Oil Platform

Petrobras’ business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.

February 24, 2021

Unconventional , Shale Plays

Argentina’s ‘Dead Cow’ Comes Back to Life as Shale Oil Drives Rebound

The revival of the formation signals how it is growing more competitive globally, helped by government policies protecting oil producers, an export tax holiday and reviving global prices.

February 11, 2021

Exploration & Production

Hess Tapped to Market Guyana Oil as Search for Partner Continues

with no domestic refining nor state oil company, Guyana relies on private companies to market its share of oil.

February 10, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 3, 2021

Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.

February 3, 2021

Exploration & Production

Petrobras Receives Three Offers for Major Platform Contracts

Petrobras said it had received offers from consortia led by Samsung Heavy Industries Co., Daewoo Heavy Industries & Machinery Ltd. and Keppel Corporation Ltd.

February 3, 2021

Business , Legislation , Health, Safety & Environment , Technology , Mergers

PATH FORWARD: Leslie Beyer Talks PESA, AESC Merger

Former PESA President Leslie Beyer talks to Hart Energy about the combination of PESA and AESC to form The Energy Workforce & Technology Council.

February 1, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Jan. 29, 2021)

A Haynesville discovery drilled by Aethon Energy in the Carthage Field in San Augustine County, Texas, plus three Arkoma Basin wells completed at a Hughes County drillpad in Oklahoma top this week’s drilling activity highlights from around the world.

January 29, 2021

Discoveries

Petrobras Finds Hydrocarbons in Campos Basin Presalt Area

Wildcat well BRSA-1377-RJS, also known as Urissanê, found hydrocarbon in reservoirs in the presalt section, Petrobras said in a news release.

January 29, 2021

Highlights

E&P Plus: January 2021 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.

January 28, 2021