Petrobras seeks bidders for two exploration assets offshore Brazil
The Brazilian company intends to continue to serve as operator of the partnership, following the completion of a possible sale.
South & Central America
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South & Central America
Argentina’s Oldelval plans $750m investment in Vaca Muerta pipeline
The investment is expected to increase Oldelval’s transport capacity from 36,000 cubic meters to 72,000 per day in two years.
Brazil’s Prio remains interested in purchase of Petrobras’ assets
The comment by Prio’ finance chief comes despite the collapse of a deal for the Albacora oilfeild.
Argentina’s YPF and Petronas partner for $10bn LNG project
The firms will assess the feasibility of developing the LNG project with the capacity to produce and export 25 million…
APA discovers oil at Block 53 offshore Suriname
The firm identified 34m of net oil pay in a single interval at the well, which was drilled using the…
Petrobras to divest 40% stake in two concessions in Potiguar basin
The firm is looking for bidders for a minority stake in the BM-POT-17 exploratory concessions and block POT-M-762.
Keppel O&M secures $2.9bn FPSO contract from Brazil’s Petrobras
The P-80 floating production storage and offloading unit will have a production capacity of 225,000 barrels of oil per day.
ExxonMobil makes two oil discoveries in Stabroek block offshore Guyana
The discoveries have been made in the south-east of the Liza and Payara developments.