South America
Exploration & Production , Transactions
Petrobras Says Starboard Offers Highest Bid for Campos Basin Oil Field
Brazilian state-controlled oil company Petrobras said asset manager Starboard Asset Ltd. has bid $90 million for its Papa-Terra oil field in the Campos Basin, a securities filing on Nov. 24 showed.
Exploration & Production , Drilling
Total Taps Maersk Drilling for Two-Rig Suriname Campaign
The estimated firm total contract value is approximately $100 million, including rig upgrades and integrated services provided.
Exploration & Production , Transactions
GeoPark Agrees to Sell 10% Interest in Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million (about US$27 million), according to a news release.
Subsea
Equinor Taps Aker Solutions for Maintenance Work Offshore Brazil
Aker Solutions won a framework agreement on Nov. 23 with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil.
Exploration & Production , Lease Sales
Colombia Plans to Offer Up To 40 Blocks in Next Oil Auction
The president of Colombia's national hydrocarbons association (ANH) did not give an exact date for the next round.
Exploration & Production , Policy & Regulations
Venezuelan Oil Could Become World’s Biggest Stranded Asset, Say Experts
Climate change poses mortal threat to shattered country’s only economic lifeline.
Seismic
TGS Scores Seismic Acquisition Projects Offshore Brazil
TGS, a leading provider of multiclient geoscience data for E&P companies, has commenced the Malvinas 3D program in Argentina on Nov. 18.
Field Development , Acquisitions & Divestitures
PetroRio Acquires Stake in BP-operated Fields Offshore Brazil
Petro Rio SA has inked an agreement with BP Energy do Brasil Ltda. on Nov. 19 for the acquisition of interests of 35.7% in the BM-C-30 Block (Wahoo field) and 60% in the BM-C-32 Block (Itaipu field), thus, subject to the necessary approvals, becoming the operator of both pre-salt fields.
Highlights
E&P Plus: November 2020 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world featured in the November issue of E&P Plus including an exploratory test offshore Guyana by Exxon Mobil plus a deepwater gas discovery in the Turkish sector of the Black Sea.
Exploration & Production , Lease Sales
Colombia Plans to Sign Contracts with Canadian Companies for Four Oil Blocks
CNE Oil & Gas, a subsidiary of Canacol Energy Ltd., and the Colombian arm of Parex Resources Ltd. each placed two bids in an initial auction at the end of October.