Shell, Repsol, Pan American Energy and YPFB have signed a deal to develop the Iñiguazú gas block, Reuters reported, following a similar exploration agreement for the block signed in June. Petrobras and NOC YPFB will develop the San Telmo Norte and Astillero concessions.
The contracts are expected to add a total of 595,000 cubic metres (21 mcf) of gas per day to Bolivia’s declining output by around 2020 or 2021, Bolivian President Evo Morales told journalists at the signing ceremony.
“We are very confident and we have hope,” Morales added. “We are committed to secure transparent contracts.”
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
This website uses cookies.