Repsol’s partners exercised their rights to acquire Repsol Colombia O&G Ltd., which included interest in CPO-9 Block and SierraCol Energy Arauca LLC, after the purchase was announced.
Guyana, Latin America's newest oil producer, is now the region's fifth largest crude exporter after Brazil, Mexico, Venezuela and Colombia.
Some vessels, including LNG tankers, have continued using alternative routes due to the canal's increase in passage fees in the last decade.
SLB will deliver the projects in the U.K. North Sea, Trinidad and Tobago and the Gulf of Mexico, among others regions, over the next three years.
Incremental improvements in drilling technology lead to significant advancements.
Shell and YPF say they will partner to build the first LNG export project in Argentina.
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.
Tenaris’ Rig Direct provides improved collaboration and communication, and more uptime.
United States Steel Corp. said it has concerns that Argentine oil country tubular goods are being dumped “at much higher levels” than preliminary data suggested.