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(offshore.mag.com) Harbour Energy expects to complete its acquisition of Wintershall Dea’s global E&P portfolio in early September. The process of satisfying the conditions to completion has been advancing, including the recent receipt of Mexico regulatory consents. Earlier this month, the Danish Energy Agency also approved the indirect transfer of interests in four licenses that had been granted to... Continue Reading →
(OE) Oilfield services firm Archer has entered into an agreement with Air Drilling Associates to acquire its managed pressure drilling (MPD) subsidiary ADA Argentina. ADA provides MPD services to Archer's largest customers in the Vaca Muerta basin in Argentina. MPD is an adaptive drilling process used to precisely control the annular pressure profile throughout the... Continue Reading →
( Offshore-energy.biz) The Norwegian state-owned energy giant Equinor has managed to maintain a stable net profit in the second quarter of 2024, registering a drop quarter on quarter but a slight increase compared to the same period last year, while the firm continued working on field developments and supplied hydrocarbons to Europe to increase the... Continue Reading →
(Offshore-energy.biz) Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG has sealed a deal with Pan American Energy (PAE), a Latin American integrated energy company, for a multi-year use of a floating LNG (FLNG) vessel, which will leverage Argentina’s prolific natural gas resources, positioning the South American country for further LNG... Continue Reading →
(OM) Development drilling has started at the Fénix Field, 60 km offshore Tierra del Fuego, southern Argentina. The jackup Noble Regina Allen is stationed alongside the new Fénix production platform, which was installed in February. Operator Total Austral has commissioned three development wells to be drilled and completed over the next months. Once online, the production will head through... Continue Reading →
(Reuters) - Argentina's government, facing domestic gas shortages and targeted service cuts, said on Wednesday that it had unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize local supply. Recent cold weather had already hit gas supplies in the South American country, but that worsened when the unloading of the gas shipment... Continue Reading →
(Reuters) - Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that on Thursday (18 April) it signed a Memorandum of Understanding (MoU) with the Argentina state energy company Enarsa to study partnerships in the natural gas segment. The non-binding agreement has a term of three years and will allow for the exchange of information; the assessment of alternatives for... Continue Reading →
History is repeating itself in Uruguay. And Chevron plays an important role (Geo Expro) When the Kudu gas field was discovered offshore Namibia in the early 1970s, Chevron jumped to the other side of the Atlantic to take acreage in Uruguay in a similar setting. It led to the drilling of Uruguay’s first couple of... Continue Reading →
(Reuters) - Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel. A preliminary proposal on the pipeline shift has failed to... Continue Reading →
Brazil Energy Insight 