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Deepwater Oil Drilling: Latin America

Pacific Rubiales signs MOU with PEMEX

Pacific Rubiales Energy Corp. has entered into a three-year memorandum of understanding with PEMEX, establishing the basis for discussions and analysis of potential oil and gas cooperation in Mexico.

Odebrecht/Teekay to supply Libra well test floater

Petrobras and its partners in the Libra consortium have signed a letter of intent with Odebrecht/Teekay for the charter of an FPSO-type platform.

Petrobras discovers gas in offshore deepwater Espírito Santo basin

Petrobras and its partners have a new postsalt gas discovery in the offshore Espírito Santo basin.

Online exclusive: Mexico’s 2015 Round 1 auction bid is approaching

Mexico is slated to host its first public auction bid, Round 1 in 1Q 2015, and expects to see international and private oil firms vie for rights to 109 blocks.

Poco Verde extension well offshore Brazil finds gas

Petrobras has found gas in extension well 3-BRSA-1022-SES (3-SES-181) in the Poco Verde Discovery Evaluation plan on concession BM-SEAL-4.

PTTEP to take stake in Espirito Santo basin block

PTTEP has agreed to acquire a 20% interest from Shell in the deepwater BM-ES-23 concession in Brazil’s Espirito Santo basin.

GE to supply subsea manifolds for presalt fields offshore Brazil

Petrobras has awarded GE Oil & Gas a $300-million-plus contract to supply subsea manifold systems for presalt fields offshore Brazil.

Petrobras commits to second Aker subsea intervention vessel

Petrobras has contracted Aker Oilfield Services (AKOFS) to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel.

Statoil acquires deepwater acreage offshore Colombia

Statoil ASA has signed farm-in agreements with Repsol for deepwater licenses offshore Colombia.

Petrobras issues update on three presalt fields

Petrobras has submitted a declaration of commerciality for oil and gas fields in the Sul de Guará, Nordeste de Tupi, and Florim areas in the presalt Santos basin.

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