Parex completes Llanos Basin acquisition
Jul 1, 2011
Parex Resources has successfully closed the previously announced acquisition of a company which holds the 50% interest Parex does not already own

President Petroleum reports Argentine acquisition
Jun 27, 2011
President Petroleum report the farm-in of a 50% working interest in the CNO-8 "Puesto Guardian" licence in Salta Province, Argentina.

Petrobras will appeal to the judicial proceedings to pursue its defense against the decision of the Administrative Council of Tax Appeals
May 11, 2011
Petrobras says that the Higher Chamber of Tax Appeals of the Administrative Council of Tax Appeals (CARF) refused to entertain the administrative appeal

Devon gets approval for its sale of assets in Brazil
May 11, 2011
Devon Energy Corporation has received approval from the Brazilian government for the previously announced sale of its assets in Brazil to BP for $3.2 billion.

Petroamerica confirms significance of Balay discovery, Llanos Basin, Colombia
May 10, 2011
Petroamerica Oil Corp. reported that the Balay-2 ST1 appraisal well flowed from two perforated intervals in the Upper Mirador, 2,620 barrels

Origin acquires 40% stake in Chilean Geothermal Exploration Company
May 9, 2011
Origin Energy Limited has acquired a 40 per cent interest in Energía Andina S.A. (EASA), Chile's leading geothermal exploration company.

Falkland reports rig substitution
May 9, 2011
Falkland Oil and Gas Ltd. (FOGL) noted the announcement by Borders & Southern Petroleum plc that it has signed a substitution agreement with Ocean

Amerisur Resources reports Fenix contract farm out agreement
Apr 18, 2011
Amerisur Resources has entered into a Commercial Agreement with Reto Petroleum Limited Colombian Branch (Reto) under which Reto

BPZ completes seismic work at Peru blocks
Apr 13, 2011
BPZ Resources provided an update to its operations in northwest Peru.

Production starts at Peregrino offshore Brazil
Apr 12, 2011
Last week Statoil started oil production at the large Peregrino field offshore Brazil. Production will gradually ramp up to a plateau of 100,000 barrels of oil equivalent per day.

Petrobras reports production in February 2011
Mar 24, 2011
Petrobras reports the February 2011 production.

Rockhopper provides update on additional drilling slots & seismic programme
Mar 15, 2011
Rockhopper has entered into an assignment agreement to secure three firm additional well slots on the Ocean Guardian drilling rig.

Quetzal Energy provides update on Guatemala field
Mar 14, 2011
Quetzal provided the following update on operations in Guatemala.

Petroamerica Oil Withdraws from Eastern Cordillera blocks
Mar 8, 2011
Petroamerica Oil is withdrawing from the Eastern Cordillera blocks, COR-12 and COR-14, in Colombia.

OGX identifies presence of hydrocarbons in Campos Basin
Mar 2, 2011
OGX has identified the presence of hydrocarbons in the Albian and Aptian sections of well 1-OGX-31-RJS, which is located in the BM-C-41 block, in the

Amerisur provides update on operations in South America
Feb 25, 2011
Amerisur provided the following update on its reserve base and operations.

Balmoral reports Brazilian expansion
Feb 25, 2011
Subsea buoyancy, insulation and elastomer product specialist, Balmoral Offshore Engineering, declared plans for a new Brazilian manufacturing facility

Bureau Veritas speeds deepwater development with Brazilian university
Feb 16, 2011
International classification society Bureau Veritas has agreed a technical co-operation deal with COPPE/UFRJ, the Ocean Engineering department of the

Rockhopper encounters hydrocarbons at Falklands
Feb 14, 2011
Rockhopper declared that exploration well 14/10-3 located in license PL032, 8 km to the north west of the Sea Lion oil discovery was drilled to a total depth (TD) of

Noreco provide production January 2011
Feb 10, 2011
Norwegian Energy Company ASA (Noreco) in January 2011 produced 10,175 barrels of oil equivalents (boe) per day. Net realized oil price was USD 96 per boe

Maersk Oil to buy Devon Energy's 15% interest in Angola Block 16
Feb 1, 2011
Maersk Oil, a fully owned subsidiary of A.P. Møller - Mærsk A/S, has agreed to acquire a 15% interest in Block 16 in Angola from Devon Energy for an

Technip invests for the pre-salt developments in Brazil
Jan 31, 2011
Technip has reported a new investment project to expand its flexible pipe manufacturing footprint in Brazil adding capacity for additional volume and high-end products.

Gran Tierra Energy to acquire Petrolifera Petroleum
Jan 19, 2011
Petrolifera Petroleum Limited has entered into an arrangement agreement with Gran Tierra Energy Inc. pursuant to which Gran Tierra Energy will acquire

Cameron receives order from Petrobras Subsea
Jan 14, 2011
Cameron has received an order from Petrobras for 27 subsea trees and related equipment, worth approximately $74 million, for use in their developments