Search For News Articles
Search through thousands of industry news articles from 1999 through
today using the search options provided below.
Your Article Search Results
50 matching articles found.
Touchstone Well Test in Trinidad and Tobago Strikes Oil
Touchstone Exploration Inc. said it had found "non-commercial rates" of light petroleum in the least prospective part of the Royston-1X well in Trinidad and Tobago, which it said was an encouraging result.
11:15 PM EST | April 24, 2023
SBM and Petrobras Sign LOI for 22+ Year FPSO Deal
SBM Offshore has announced that it has signed a letter of intent with Petrobras for 22.5 year lease and operate contracts for the FPSO Alexandre de Gusmao.
7:41 AM EST | August 05, 2021
Petrobras Earnings Jump Triggers Upgrades
Brazil's state-controlled oil company saw its earnings surge in the second quarter, triggering upgrades and a rally in premarket trading.
9:26 AM EST | August 05, 2021
Eni Makes New Oil Find Offshore Mexico
Eni (NYSE: E) has announced a new oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10, offshore Mexico.
7:25 AM EST | August 03, 2021
Greenlight for Giant Mero Field Development Phase 4
TotalEnergies (NYSE: TTE) has announced that it and its partners have taken the investment decision for the fourth phase of the Mero project.
7:36 AM EST | August 03, 2021
TotalEnergies and Apache Corp Make Oil Find
TotalEnergies (NYSE: TTE) and Apache Corporation (NASDAQ: APA) have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.
7:59 AM EST | July 30, 2021
ExxonMobil Makes Significant Oil Find Offshore Guyana
ExxonMobil (NYSE: XOM) has announced a 'significant' new oil discovery on the Stabroek Block offshore Guyana at Whiptail.
6:18 AM EST | July 29, 2021
Total and Equinor Are Said to Exit Venezuela Oil JV
TotalEnergies and Equinor are exiting a key venture in Venezuela, adding to an exodus of foreign firms in recent years as the country's energy industry has withered.
10:20 AM EST | July 29, 2021
SBM Offshore Signs 26 Year FPSO Deal with Petrobras
SBM Offshore has announced that it has signed contracts with Petroleo Brasileiro S.A. for the 26.25 year lease and operation of the FPSO Almirante Tamandare.
5:18 AM EST | July 28, 2021
Pemex Building Refinery in Green Area
Public documents reveal that Dos Bocas - a favored project of Mexican President Andres Manuel Lopez Obrador for his home state of Tabasco - is being built in a zone the state oil firm had promised to protect.
9:40 AM EST | July 28, 2021
Oil Giants Hunt for Last Big Hit Along Brazil Coast
If an energy transition is underway around the world, it hasn't reached the streets of Ilha da Conceicao, the working-class district at the heart of Rio de Janeiro's oil revival.
7:27 AM EST | July 26, 2021
Venezuela Aims to Nearly Triple Oil Output This Year
PDVSA has imported a key component needed to achieve its goal of almost tripling crude production, defying United States sanctions.
1:31 PM EST | July 22, 2021
Offshore Guyana JV Sets August Spud Window
The Maersk Discoverer is currently operating offshore Trinidad. PHOTO SOURCE: Maersk Drilling
11:56 AM EST | July 15, 2021
Suriname Has Potential to be Oil Hot Spot
Suriname has the potential to become an oil production hot spot in the near to mid-term, according to GlobalData.
7:28 AM EST | July 12, 2021
New Petrobras Boss Surprises Naysayers
The ex-military man had zero experience in the oil industry.
11:53 AM EST | July 08, 2021
Pemex Will Operate Mexico's Biggest Private Oil Find
Mexico's energy ministry has designated Petroleos Mexicanos as the operator of the country's largest oil discovery by private companies.
11:34 AM EST | July 05, 2021
Trafigura and Vista in $250MM Vaca Muerta Deal
Trafigura Argentina and Vista Oil & Gas have announced the signing of a joint investment agreement for the development of 20 oil wells in the Bajada del Palo Oeste block.
7:05 AM EST | July 01, 2021
Official Sees Rigs Mobilizing Offshore Colombia in 2022
Offshore exploration offers hope to a country struggling to reverse declines in reserves and output of its biggest export.
2:07 PM EST | July 01, 2021
Brazil Subsea Contract Worth Up to $500MM
Petrobras has awarded TechnipFMC a "substantial" subsea contract.
12:52 PM EST | June 30, 2021
Maersk Supply Service Wins Biggest Ever Contract
Maersk Supply Service has announced that the business has won its largest ever project contract.
6:46 AM EST | June 22, 2021
Venezuela Oil Minister Sees USA Producers Rushing Back to His Country
Venezeula's oil minister claims something magical is about to happen.
8:56 AM EST | June 21, 2021
Schlumberger and Subsea 7 Share Bacalhau Contract
Equinor has awarded a Schlumberger-Subsea 7 partnership a contract for its Bacalhau project. IMAGE SOURCE: Schlumberger
8:31 AM EST | June 16, 2021
Petrobras Awards $2.3B FPSO Contract
It will be the eighth FPSO to operate in the Buzios field. PHOTO SOURCE: Andre Ribeiro/Petrobras Agency
3:38 AM EST | June 15, 2021
Saipem to Fabricate Subsea Equipment in Guyana
Saipem has inaugurated a new offshore construction facility in the port of Georgetown, Guyana. PHOTO SOURCE: Saipem
7:26 AM EST | June 08, 2021
Offshore Brazil Operator Adds Two Wells to Contract
Maersk Developer has secured a firm 120-contract extension. PHOTO SOURCE: Maersk Drilling
7:00 AM EST | June 04, 2021
Equinor Greenlights $8B Bacalhau Project
Equinor (NYSE: EQNR), ExxonMobil (NYSE: XOM), Petrogal Brasil, and PPSA have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area.
6:00 AM EST | June 01, 2021
Bahamas Petroleum Changes Name
Caribbean and Atlantic margin focused oil and gas company Bahamas Petroleum has changed its name to Challenger Energy Group plc.
5:03 AM EST | May 24, 2021
Subsea 7 Wins Very Large Petrobras Contract
Subsea 7 revealed on Monday that it has been awarded a 'very large' contract by Petrobras for the development of the Mero-3 field offshore Brazil.
5:34 AM EST | May 24, 2021
Nexans Wins Brazil Subsea Contract
A Schlumberger-Subsea7 alliance has awarded Nexans a major umbilicals contract. PHOTO SOURCE: Nexans
2:18 AM EST | May 21, 2021
Total Extends Suriname Drilling Contract
Total has added an appraisal well to the Maersk Developer's work scope. PHOTO SOURCE: Maersk Drilling
2:38 AM EST | May 13, 2021
Baker Hughes Wins Brazil Subsea Contract
Petrobras has awarded Baker Hughes a subsea oilfield equipment contract. PHOTO SOURCE: Baker Hughes
7:57 AM EST | May 04, 2021
Exxon Strikes More Oil Offshore Guyana
ExxonMobil reported another oil discovery in the Stabroek Block offshore Guyana.
4:22 AM EST | April 28, 2021
Argentina Shale Producers Contend with Patagonia Blockades
Protesting hospital workers are stopping equipment and crews from accessing Neuquen Basin sites.
10:24 AM EST | April 28, 2021
$380MM Brazil Drilling Contract Goes to Seadrill
The contract for West Saturn hinges on the Bacalhau partners' final investment decision. PHOTO SOURCE: Seadrill
12:14 PM EST | April 27, 2021
Maersk Drilling Extends Reach to Guyana
CGX Resources has contracted the Maersk Discoverer for an exploration well. PHOTO SOURCE: Maersk Drilling
4:17 AM EST | April 23, 2021
$280MM ExxonMobil Cuba Lawsuit Can Proceed
Exxon can move forward with a U.S. lawsuit seeking $280 million from 2 Cuban companies as compensation for a refinery and other assets seized after Fidel Castro's 1959 revolution, a judge in Washington said.
5:10 AM EST | April 22, 2021
New Petrobras CEO Takes Office
Joaquim Silva e Luna has begun his mandate as Petrobras' chief executive officer.
5:32 AM EST | April 21, 2021
TechnipFMC Wins Petrobras Subsea Contract
Petrobras has awarded TechnipFMC a subsea contract for two of its offshore Brazil fields.
9:40 AM EST | April 21, 2021
Maersk Drilling Enters Market with New Customer
The Maersk Developer semisub will perform well intervention on four wells. PHOTO SOURCE: Maersk Drilling
1:25 PM EST | April 20, 2021
Army General Set to Run Petrobras
The abrupt leadership change has led to a slew of defections from the company's board and management team.
2:11 PM EST | April 13, 2021
Argentina Eyes Oil Price Controls
Enacting controls by law would send a clear signal about the rules under which drillers can produce oil in Argentina.
10:42 AM EST | April 12, 2021
Equinor and Partners Choose Concept for Offshore Brazil Field
Equinor, Repsol Sinopec Brasil, and Petrobras have approved a development concept for the BM-C-33 gas/condensate field.
7:59 AM EST | March 22, 2021
Are Foreign Oil Firms About to Return to Venezuela?
Maduro claims "Venezuela's doors are open for oil investment."
8:32 AM EST | March 19, 2021
New Venezuela Gasoline Stations Actually Have Fuel to Sell
The new retail outlets lack the long lines, and practically free prices, of those run by PDVSA.
9:46 AM EST | March 11, 2021
Paris Deal Complicates Argentina Shale Dream
Vaca Muerta is probably Argentina's quickest path to the export dollars it desperately needs to secure a brighter future.
1:02 PM EST | March 10, 2021
Petrobras Awards Contract for Buzios FPSO
The FPSO will be the largest oil-producing unit offshore Brazil, according to SBM Offshore.
8:17 AM EST | March 02, 2021
Ecopetrol Chief Defends $4B Utility Deal
Investors see the deal as a cash-strapped federal government forcing a state-run company to bail it out.
10:58 AM EST | February 26, 2021
New Petrobras Chief Seeks Ongoing Outside Investment
Brazil's president last week abruptly named a former defense minister to lead the state-controlled company.
1:51 PM EST | February 24, 2021
Petrobras Market Value Plummets After Bolsonaro Fires CEO
A sell-off in Petroleo Brasileiro SA picked up on Monday after a group of analysts downgraded the stock within 24 hours.
11:13 AM EST | February 22, 2021
Petrobras Awards Deepwater 3D Surveys
Shearwater will deploy its SW Diamond vessel for the contract. PHOTO SOURCE: Shearwater GeoServices
7:36 AM EST | February 18, 2021