South America
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Aker Solutions Wins Major Contract for Two FPSOs in Brazil
Aker Solutions has signed a major contract with Petrobras to supply sulphate removal units for two FPSOs Floating Production Storage and Offloading platforms which will operate offshore Brazil. Cont
Read morePacific Rubiales Announces New Oil Discovery at Quifa Block, Colombia
Pacific Rubiales Energy Corp. announces a new oil discovery at the Quifa 26X well located in Prospect F in northern Quifa and the results of the Quifa 31 and Quifa 23X wells drilled on prospects
Read moreOGX Announces the Presence of Hydrocarbons in the Albian Section of Well OGX-6
OGX Petróleo e Gás Participações S.A. OGX the largest Brazilian private sector oil and gas company in terms of offshore exploratory acreage announces that it has identified an oilbearing interv
Read moreBrazilian Lower House Passes Petrobras Capitalisation Bill
Brazils national energy firm Petrobras is one step closer to lining its coffers after the lower house of parliament approved a bill this week to capitalise the company through the injection of state
Read moreCB&I to Supply Gas Processing Plant for Camisea Expansion Project in Peru
CBampI has been awarded a contract to supply a cryogenic natural gas processing plant in Malvinas Peru as part of an expansion of the Camisea gas project. CBampIs contract valued in excess of
Read moreEcuador Extends Deadline For Overseas Oil Firms
The government of Ecuador has extended a deadline for private oil firms to sign new agreements with the authorities in Quito by one month to the end of April 2010. Strategic Sectors Minister Galo Bor
Read moreOverseas Investment Rising In Ecuador's Oil Sector
Overseas oil firms operating in Ecuador have agreed to more than double their investment in the South American nation this year according to the countrys energy ministry. While a marked upturn in sp
Read morePetrolifera Petroleum Reports 2009 Year-end Reserves
Petrolifera Petroleum Limited has received the estimates of the companys 1P Total Proved 2P Total Proved plus Probable and 3P Total Proved plus Probable plus Possible reserves as prepared
Read morePetrobras Announces Oil Discovery in Deep Campos Basin Waters
Petróleo Brasileiro S.A. Petrobras announces the discovery of two new oil accumulations in reservoirs located in the Campos Basin after the drilling of the exploratory well 6BR63ARJS locat
Read moreInterOil Signs Altair License Agreement in Colombia
InterOil IOX advises that 10 of their Altair license in the Llanos Basin Colombia has been traded against the drilling of two firm wells in 2010 and two conditional wells in 2011 depending upon t
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