South America pipeline news
Petrobras sign an agreement for natural gas transportation and processing
The initiative marks a milestone in the construction of a more competitive gas market.
South American oil and gas pipelines hit hard by COVID-19
Deteriorating financial situation due to COVID-19 leads to productivity decline of South American oil and gas pipeline sector, says GlobalData.
Subsea 7 awarded contract extensions in Brazil
The company has announced an agreement with Petrobras to extend the current long-term day-rate contracts for three pipelay support vessels.
GlobalData: divergent economic outlooks for North and South Americas’ oil and gas producing countries
Svetlana Doh, Oil and Gas Analyst at GlobalData, comments on what lies ahead for the regions.
Vallourec extends its contracts with Petrobras to provide tubes and services
The contracts extension reinforces the historic partnership between the two companies.
GlobalData: Venezuela oil and gas crisis
Venezuela’s oil and gas sector sees worst crisis during 2020, says GlobalData.
GlobalData: Mexico to remain highly dependent on US natural gas imports
Mexico’s dependency on natural gas is forecast to grow as Pemex focuses on crude oil production and the US continues to have an excess in natural gas supply, according to GlobalData.
ANP resumes public call for allocation of capacity for Gasbol
The order approving the resumption of the process was published on 9 July in the Federal Official Gazette.
Saipem awarded contract for Búzios pre-salt field in Brazil
The work scope includes the connection of flowlines and risers between the wells and FPSO.
1Q20 results for Frontera Energy
Frontera Energy Corporation has reported the company’s financial and operational results for the first quarter.