Latinamerica

GeoPark Limited has named Felipe Bayón as its new Chief Executive Officer and member of the Board of Directors, effective June 1, 2025, following the resignation of current CEO Andrés…

Vitol Group, the world’s largest independent oil trader, has ramped up its oil purchases in Venezuela as the expiration of its U.S. operating license approaches. According to documents seen by…

In a strategic move, European energy giant Shell has announced its decision to withdraw from three exploration blocks offshore Colombia, where it had previously made a series of notable natural…

Chinese offshore engineering company Wison New Energies has been awarded a new contract to undertake a crucial feasibility study for a floating liquefied natural gas (FLNG) development offshore Suriname. The…

MODEC has been awarded a contract by ExxonMobil Guyana Limited to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project offshore Guyana. The contract, issued as…

Vista Energy has significantly expanded its footprint in Argentina’s prolific Vaca Muerta shale basin through a substantial acquisition. The company has finalized a deal to purchase Petronas’ 50% working interest…

Muneshwers Limited and John Fernandes Limited, through their collaborative venture Cranes Guyana Inc., are set to inject over US$285 million into the development of a state-of-the-art port facility in the…

Petrobras, Brazil’s state-controlled energy giant, has officially commenced the decommissioning of its historic Guaricema offshore field in the Sergipe-Alagoas basin. The arrival of the Borr Drilling-owned jack-up rig, Arabia I,…

ROGII, a global leader in geosteering and subsurface analytics, has taken a major leap into the Brazilian energy market by partnering with Petrobras, Brazil’s state-run oil giant. The collaboration marks…

In a landmark move for South America’s energy future, Italian energy giant Eni has signed a memorandum of understanding (MoU) with Argentina’s state-run oil company YPF to explore participation in…