Exploration News for Latin America


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Less Appetite for Exploration Drilling
Monday, November 12, 2018 There's less appetite for exploration drilling, according to Rystad Energy.

Eni and Lukoil Form Offshore Mexico JVs
Tuesday, November 06, 2018 Eni and Lukoil have signed a farm-out deal to transfer participating interests in three shallow-water exploration licenses offshore Mexico, Eni reported.

Shell Seeks Land Rig for Caribbean Campaign
Monday, November 05, 2018 Shell is requesting expressions of interest to provide a rig to drill two land wells in Trinidad planned for November 2019.

A Better Approach to Conventional Oil Exploration
Wednesday, October 31, 2018 The history of oil exploration is one of trying to overcome the odds.

Mexican Oil Auctions On Hold Until Review, Lopez Obrador Says
Friday, August 31, 2018 Mexican oil auctions are suspended until contracts already awarded over the past few years have been reviewed.

Eni To Invest $1.8B In Offshore Mexican Oil Fields By 2040
Tuesday, July 31, 2018 Italian oil major expects to invest $1.795 billion in three offshore Mexican oil fields by 2040.

Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.

Regulator: Mexico's Pemex Will Tender For Partners In Seven Onshore Areas
Thursday, April 26, 2018 Mexico's CNH says that Pemex will tender for partners in seven onshore areas.

Pemex Signs Shale Contract With Lewis Energy In Northern Mexico
Monday, March 26, 2018 Pemex says it had signed a contract with US firm Lewis Energy.

Dominican Republic to Join Caribbean Energy Exploration Rush
Monday, March 05, 2018 The Dominican Republic expects to draw interest from energy titans when it opens the country to natural gas and oil exploration for the first time later this month.

CERAWEEK: Pemex Seeking Allies For Deepwater Blocks Won In Auction - CEO
Monday, March 05, 2018 Pemex plans to reach out to existing partners to form new joint ventures for a pair of deepwater blocks it won in a January auction.

Mexico To Offer First-Ever Shale Blocks In September Auction
Thursday, March 01, 2018 Mexico will auction development rights to shale blocks in September.

CGG, PCJ Announce Discovery of Live Oil Seeps in Jamaica
Wednesday, February 21, 2018 CGG GeoConsulting and the Petroleum Corporation of Jamaica announce the discovery of 2 independent live oil seeps from different parts of the island.

Mexico's Oil Reform A Boon For Hard-Hit Oil Service, Seismic Firms
Tuesday, January 30, 2018 Oil service and mapping firms still emerging from an industry recession have received a boost from about $800 million of data sales to energy firms.

Exploration to Increase in 2018 but Investment Constraints Remain
Wednesday, January 17, 2018 Exploration activity will increase in 2018, but market uncertainty and the need to manage debt levels will remain key constraints to investment.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Mexico Says Deepwater Oil Tender Doomed By Brazil Competition
Friday, December 08, 2017 Pemex blames the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite.

Chevron To Study Mexican Oil Block, No Drilling Seen In First 4 Years
Thursday, November 30, 2017 Chevron will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract.