Uncertainty Clouds Development Of Argentina’s Vaca Muerta Shale
Analysts are optimistic about Argentina's offshore oil and gas sector, while concerns surround development of the Vaca Muerta Shale.
April 23, 2019
South America
Petrobras Details Offshore Find In Sergipe Basin
Petrobras said the 3-SES-192 well had found a natural gas deposit with a thickness of 39 m at a depth of 5,227 m and below that an oil deposit with a thickness of 24 m.
April 22, 2019
Exxon Mobil Tacks On Another Discovery Offshore Guyana
Exxon Mobil Corp. and offshore Guyana partners continue their success with their 13th discovery on the Stabroek Block and fifth discovery in the Turbot area.
April 18, 2019
Equinor Wins Exploration Rights In Seven Blocks Offshore Argentina
Equinor has won the right to explore seven blocks offshore Argentina and to run production operations at five of them, the Norwegian oil and gas firm said on April 17.
April 17, 2019
Halliburton Wins Shell Offshore Exploration Contract In Brazil
Halliburton Co. announced the execution of an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins on April 17.
April 17, 2019
A&D Transactions From The Week Of April 17, 2019
Here’s a snapshot of energy deals from the past week including the mammoth Chevron-Anadarko Petroleum merger plus Shell’s nearly $1 billion Gulf sale and a Concho Resources midstream JV.
April 17, 2019
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
OPEC and other producers including Russia have gradually tightened supply through 2019 to reduce a global glut. OPEC and its partners may not renew the curbs when they expire after June because of the risk of over-tightening the market.
April 17, 2019
Chevron Says Dutch Supreme Court Rejects Ecuador's $9.5 Billion Claim
Residents of Ecuador's Lago Agrio region have been trying to force Chevron to pay for water and soil contamination caused from 1964 to 1992 by Texaco, which Chevron acquired in 2001.
April 17, 2019
Oilfield Services: Rightsizing For Possible Outcomes
Investor pressure is increasing for oilfield service companies to provide returns over growth. Opportunities may improve as the second half of 2019 unfolds.
April 16, 2019
Exxon Mobil Wins Three Exploration Blocks Offshore Argentina
ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments BV and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round, the company said on April 16.
April 16, 2019