Oil & Gas: The week in 10 stories

By
Friday, August 31, 2018

Argentine province Mendoza handed the Puesto Pozo Cercado Oriental area over to Aconcagua Energía, a winner in Mendoza's licensing round for unconventional acreage.

BOLIVIA

Start your 15 day free trial now!

cta-arrow

Already a subscriber? Please, login

Sproule announced that the country's proven natural gas and oil and condensate reserves at end-2017 reached 10.7Tf3 and 240.9Mb, respectively.

BRAZIL

Equinor plans to invest over US$15bn in Brazil by 2030.

Energy policy council CNPE authorized hydrocarbons regulator ANP to organize exploratory bidding rounds for 2020 and 2021.

ANP approved the registration of the first companies for the fifth production-sharing bidding round.

GUYANA

ExxonMobil and Hess reported a ninth discovery at the Stabroek offshore block.

MEXICO

National gas control authority Cenagas chose the Jaf field as the best contender for a natural gas storage project.

TRINIDAD

Petrotrin will exit the oil refining business and redesign its upstream operations.

VENEZUELA

Local and international groups will invest US$430mn to boost crude oil production in Orinoco belt.

And the latter two countries signed an agreement to connect Venezuela's Dragón field with the Hibiscus platform in Trinidad.