Company Operations News for South America


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Chevron Cuts Staff in 2018
Tuesday, April 16, 2019 Chevron Corporation further reduced its headcount in 2018, according to the company's latest annual report.

Schlumberger May Choose Current COO as Next CEO
Tuesday, April 16, 2019 Schlumberger Ltd.'s board is leaning toward picking Chief Operating Officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.

Oceaneering Launches New Engineering Consultancy
Friday, April 12, 2019 Oceaneering International launches a new global engineering consultancy.

Tullow, Total and Eco to Drill Offshore Guyana
Friday, March 29, 2019 Project partners Tullow, Total and Eco Atlantic Oil & Gas Ltd. have selected the Joe Well as the second exploration well in the 2019 Guyana offshore drilling program.

Total Increases Workforce by 6 Percent
Friday, March 22, 2019 Total increased its global workforce by six percent in 2018, the company's latest registration document has revealed.

DEA Completes Sierra Acquisition
Friday, March 22, 2019 DEA Deutsche Erdoel completes the acquisition of 100 percent of the shares of Sierra Oil & Gas.

Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019 The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.

BP Hopes Young Recruits Can Make Oil Cool Again
Tuesday, March 19, 2019 Some Big Oil companies are turning to younger hires for insight on competing with tech for talent.

Equinor Makes Close to 1,000 New Hires in 2018
Friday, March 15, 2019 Equinor made 905 new hires in 2018, according to the company's latest annual report.

Rowan Jack-up Heading to Guyana
Thursday, March 14, 2019 Repsol plans to spud its first exploration well in the offshore Kanuku block this year.

Shell CEO's Pay More Than Doubles in 2018
Thursday, March 14, 2019 Royal Dutch Shell CEO Ben van Beurden's total pay, including pension, more than doubled in 2018 compared to 2017.

$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.

Petrobras Hires Transocean Drillships
Monday, March 11, 2019 The total estimated firm backlog for both drillships amounts to more than $240 million.

Digital Platforms Offer Oil, Gas Workforce Solutions
Tuesday, March 05, 2019 Lloyd's Register executive shares why automation and digitalization are key for oil and gas companies to combat an aging workforce and aging assets.

Ensco and Rowan Merger Given Final Approval
Thursday, February 21, 2019 More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.

Ophir Adviser Joins Efforts to Disrupt Takeover
Thursday, February 21, 2019 One of Ophir Energy's earliest investors is adding to pressure the exploration company is facing over a takeover plan.

OPITO Appoints Ex-Transocean Manager
Tuesday, February 19, 2019 Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

BP Exceeds Expectations
Tuesday, February 05, 2019 BP joined its Big Oil peers by giving investors a positive surprise.

Chevron Shuffles Senior Leadership
Tuesday, February 05, 2019 Chevron Corporation announces a number of senior leadership appointments.

Shell Pledges To Do It All
Thursday, January 31, 2019 Shell delivers a 'do it all' message.

Shell Appoints New Upstream Director
Thursday, January 17, 2019 Shell appoints Wael Sawan as its new upstream director.

New Petrobras CEO Rejects Government Intervention
Friday, January 04, 2019 The new head of Brazil's state-controlled oil company criticized its history of government interference and vowed to pursue policies that will boost profit.

Halliburton's Lesar Exits After 25 Years
Thursday, January 03, 2019 Dave Lesar stepped down as chairman of Halliburton, ending a 25-year run with the oil-services giant.

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble has racked up new contracts in the US Gulf, Australia and South America.

Saipem Reveals Extent of Cyber Attack
Thursday, December 13, 2018 The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

Transocean Acquires Ocean Rig
Wednesday, December 05, 2018 Transocean reports that it has completed its acquisition of Ocean Rig UDW Inc.

Petrobras Sells Rights in 37 Oilfields for $823MM
Wednesday, November 28, 2018 Brazil's state-controlled oil company is selling its stakes in dozens of oilfields for $823 million.

Amerisur Signs Farm Out Deal with Occidental
Friday, November 23, 2018 Amerisur Resources enters into a farm out agreement with Occidental Andina across several exploration blocks.

University Launches Growth Program for Energy Firms
Wednesday, November 14, 2018 Robert Gordon University is launching a program to support businesses within the energy sector to accelerate their growth.

Shell Produces One of Its Strongest Ever Quarters
Thursday, November 01, 2018 Shell's CEO announced Thursday that good operational delivery across all Shell businesses produced one of the company's strongest ever quarters.

Saudi Aramco Signs Deals Worth Over $34B
Wednesday, October 24, 2018 Saudi Aramco signs 15 Memoranda of Understanding and strategic and commercial collaborations valued at more than $34 billion.

Petrofac Sells 49 Percent of Mexico Operations
Friday, October 19, 2018 Petrofac completes the sale of 49% of its operations in Mexico to Perenco (Oil & Gas) International Limited.

Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.

Offshore Brazil Contract Extension Goes to Transocean
Friday, September 28, 2018 Transocean has won a 790-day contract extension from Petrobras.

OGCI Sets First Collective Methane Target
Tuesday, September 25, 2018 The Oil and Gas Climate Initiative has set its first collective methane target for member companies.

BP Launches Skills Refinery to Improve Student Employability
Friday, September 21, 2018 BP launches the Skills Refinery, a new global online portal that aims to improve students' employability.

Shell Outlines Methane Emissions Intensity Target for O&G Assets
Monday, September 17, 2018 Royal Dutch Shell plc announces a target to maintain methane emissions intensity below 0.2% by 2025.

Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Wednesday, September 05, 2018 Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.

Saipem Awarded Services Contracts Worth Approximately $700MM
Tuesday, August 21, 2018 Saipem announces that it has been awarded services contracts worth approximately $700 million.

Colombia's Ecopetrol Cuts Planned 2018 Spending To $3-3.5B
Wednesday, August 15, 2018 Ecopetrol says it will invest $3 billion to $3.5 billion during 2018.

Saudi Aramco Weighing Global Bond Sale for First Time
Friday, July 27, 2018 If Aramco goes ahead with an international bond, the sale would force it to disclose its accounts to investors for the 1st time since nationalization 4 decades ago.

UK Subsea Services Company Announces Plans to Double Workforce
Monday, July 23, 2018 UK-based Rovco, a subsea ROV and hydrographic company, announced Monday plans to double its workforce as it prepares for global expansion.

Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.

BP Named One of Best Employers for LGBT Staff
Thursday, July 19, 2018 BP plc has been named on Stonewall's list of the best multinational employers for lesbian, gay, bi and trans (LGBT) staff.

Chevron Taps Geologist Insider to Head Brazil Operations
Friday, July 13, 2018 Chevron, which had global revenues of $135 billion in 2017, has been growing its presence in Brazil.

Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.

Brazil's Petrobras, China's CNPC Sign Letter Of Intent
Wednesday, July 04, 2018 Petroleo Brasileiro SA says it has signed a letter of intent with China National Petroleum Corp (CNPC).

SBM Offshore Wins FEED Work for Second Liza FPSO
Tuesday, July 03, 2018 SBM Offshore secures contracts to perform Front End Engineering and Design (FEED) work for a second Floating Production, Storage and Offloading vessel (FPSO) for the Liza development.

Petrobras Could Raise $28B Selling Stake In Key Offshore Area-Minister
Thursday, June 28, 2018 Petroleo Brasileiro SA could raise around $28 billion by selling a big stake in a key offshore oil area if Congress passes a bill allowing such a move, Brazil's Mining and Energy Minister says.

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