Offshore Magazine

Latin America Offshore Regional Report

More Latin America Offshore Oil & Gas News

PEMEX outlines procurement needs at OTC

Since 2004, the loss of 1.5 MMb/d from its super-giant Cantarell field has prompted PEMEX E&P to look again at its portfolio of undrilled prospects in the shallow waters of Campeche.

Total secures Uruguay deep offshore block

Total has been awarded an exploration license for block 14 offshore Uruguay, following a second bid round staged by state-owned company ANCAP.

OGX declares offshore Brazil oil field commercial

OGX Petróleo e Gás Participações S.A. (OGX) (Bovespa: OGXP3; OTC: OGXPY.PK) has presented a Declaration of Commerciality for the Waikiki accumulation in the shallow water Campos basin to Brazi...

OGX takes control of Campos basin blocks offshore Brazil

OGX has acquired an additional 20% stake from partner Maersk Oil in two shallow water blocks in the Campos basin.

FOGL agrees to offshore Falkland farmout terms

Falkland Oil and Gas Ltd. (FOGL) has entered a farmout agreement with an unnamed party for its licenses south and east of the Falkland Islands.

BP farms into blocks offshore northern Brazil

Brazil’s National Petroleum Agency (ANP) has approved BP’s farm-in to four deepwater exploration and production concessions operated by Petrobras.

Petrobras declares two deepwater oil fields commercial, reports new find in Santos basin

Petróleo Brasileiro S.A. (NYSE: PBR) has sent a Declaration of Commerciality for Tiro and Sidon fields in southern Santos basin offshore Brazil to the National Petroleum, Natural Gas, and Biofuels ...

Trinidad & Tobago look for deepwater offshore development partners

The Trinidad and Tobago Ministry of Energy and Energy Affairs plans meetings with potential oil and gas partners in Houston Feb. 28-29.

Petrobras oil spill clean up working

Petrobras has executed all of its contingency procedures in response to the oil spill at Carioca Nordeste.

Panoro completes farm-out of Brazil blocks to Vanco

Panoro Energy ASA has completed farm-out of offshore Brazilian blocks BM-S-63, BM-S-71, and BM-S-72 in the offshore Santos basin to Vanco Brasil Exploração e Produção de...

One killed, two injured in Petrobras offshore accident

Petroleo Brasileiro SA (Petrobras) has reported an accident on its offshore rig PUB-03 and that one worker is dead and two injured, according to Dow Jones.

Offshore's Top 5 Projects of 2011

The editors of Offshore have made their choices for the winners of the Five Star Award, the top five offshore field development projects for 2011.

Chevron, Brazil legal tangle over Frade incident continues

Brazil wants Chevron Corp. and Transocean Ltd. to stop operations offshore Brazil while a lawsuit for environmental damage against the two companies goes forward, according to a Dow Jones report.

North America

Husky Energy has started production from a two-well pilot scheme on the West White Rose field offshore Newfoundland.

Chevron stops new Brazilian drilling

Chevron Brasil Upstream Frade Ltda is suspending voluntarily its drilling license, including its permitted presalt wells in Frade field, but excluding current P&A activities.

Fines loom for Chevron over Frade oil seep

Chevron Corp. may see fines and possible lost of a license as a fall-out from the deepwater oil seep, reports Dow Jones.

Chevron Brasil 'takes full responsibility' for Frade area oil seep

Chevron Brasil Upstream Frade Ltda continues working with Brazilian authorities to contain, reduce, and eliminate the remaining surface oil sheen in the Frade field area.

Chevron, Transocean cementing Frade appraisal well off Brazil near seabed seep

Cementing operations are under way as part of the well plugging plan near the Frade field offshore Brazil, reports operator Chevron and its drilling contractor Transocean.

Chevron updates activity around oil sheen offshore Brazil

Chevron has repeated its report on the status of oil sheen at the Frade project offshore Brazil.

Tullow plans further drilling off French Guiana

The Zaedyus discovery well offshore French Guiana has intersected 72 m (236 ft) of net oil pay in two turbidite fans.

South America

Gazprom and PDVSA are discussing a joint development of the Robalo gas field in the Gulf of Venezuela. The two companies have signed a memorandum of understanding which sets out conditions for the ...

Frontier areas draw new attention, more spending

High on the list of frontier areas beckoning explorers are the Arctic offshore regions bordering the US, Canada, Europe, and Russia, with growing interest in Greenland.

Strong potential in Desire Falklands acreage, report claims

Senergy has issued a competent person’s report (CPR) concerning Desire Petroleum’s offshore acreage in the North Falkland basin.

Argos lifts Falkland oil estimate

Argos Resources has issued the results of a new Competent Persons Report on its offshore acreage in the North Falkland basin, prepared by Senergy.

Rockhopper, Desire agree Falklands transactions

Desire Petroleum has agreed to farm out part of its exploration acreage in the offshore North Falkland basin to Rockhopper Exploration.