Halliburton signs Venezuela energy pacts with Eneva, WESCA

Sept 21 (Reuters) - Halliburton has signed memorandums of understanding with Brazilian energy company Eneva and WESCA to pursue oil ​and gas development opportunities in Venezuela, the ‌U.S. oilfield services provider said on Monday, as companies seek a potential revival of investment in the country's long-underdeveloped energy ​sector Companies with existing positions in Venezuela, as... Continue Reading →

Indonesia’s state-owned oil company explores investments in Guyana, Suriname

Sept.18 (oilnow.gy) Indonesia’s state-owned energy company PT Pertamina is exploring upstream oil and gas investments in Guyana and Suriname to secure more reliable energy sources. Indonesia’s Ministry of Foreign Affairs confirmed that the company has started preliminary discussions on exploration and investment opportunities in the two South American countries. Indonesian state news agency ANTARA News... Continue Reading →

OceanPact and CBO complete business combination, with a contract backlog exceeding R$ 14 billion

Sept.17 (PN) OceanPact and CBO confirmed this week the completion of their business combination, following final approval from the Administrative Council for Economic Defense (Cade) and the fulfillment of other conditions precedent. With the integration, CBO becomes part of OceanPact, while the Shipping unit is renamed OceanPact CBO. Upon completion of the transaction, the combined... Continue Reading →

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