Argentina Inaugurates New Gas Pipeline from Vaca Muerta to Santa Fe Province

• Monday, 10th July 2023
• by Fatma Ahmed

Argentina has inaugurated the first stage of a natural gas pipeline that will carry natural gas from the Vaca Muerta formation in western Argentina to Santa Fe province by way of Buenos Aires province.

ExxonMobil’s Fourth Project in Guyana Receives Approval

• Sunday, 3rd April 2022
• by Fatma Ahmed

ExxonMobil announced that it has gotten the approval form the South American Country’s Environmental Protection Agency to start work it its fourth project in Guyana.

Saipem Secures Onshore Drilling Contracts in Middle East, South America

• Wednesday, 6th October 2021
• by Fatma Ahmed

Saipem has been awarded new onshore drilling contracts in the Middle East and in South America worth $70 million,

Arab-South American Summit to Discuss Trade, Oil Price

• Wednesday, 11th November 2015
• by Egypt Oil & Gas

Guyana Searches for Alternatives to Venezuelan Oil

• Sunday, 26th July 2015
• by Egypt Oil & Gas

Guyana is considering energy alternatives to the Petrocaribe program as Venezuela fails to meet export quotas and tensions flare between the neighboring countries.

Argentina Needs $1bn to Explore Vaca Muerta’s Shale Gas Reserves

• Sunday, 12th July 2015
• by Egypt Oil & Gas

More than US$1 billion will have to be invested over the next 20 years to exploit the shale gas of the Vaca Muerta area in Neuquén, which will be used to build between 4,300 and 8,000 kilometres of pipelines and will ...

Landmark Bill Looks to Ease Pressure on Brazil’s Petrobras

• Monday, 6th July 2015
• by Egypt Oil & Gas

Brazil’s congress is likely to pass a landmark bill that could ease financial pressure on state-controlled oil company Petrobras by opening the country’s biggest offshore oil discoveries to greater foreign and privat ...

Venezuela Oil Refinery Faces Challenges

• Thursday, 2nd July 2015
• by Egypt Oil & Gas

At Amuay, this oil-rich country’s largest refinery, workers say they risk toxic-gas exposure as they wait for Petróleos de Venezuela SA, the state energy giant, to replace rusted pumps and corroded pipelines, a proce ...

Brazil Debates Laws on Subsalt Oil Development

• Thursday, 2nd July 2015
• by Egypt Oil & Gas

Brazilian senators on Wednesday debated alternatives to a 2010 law that requires state-run oil firm Petrobras to take a minimum 30 percent stake in new development contracts and function as operator in Brazil's subsa ...

Exxon to Continue Search for Guyana Oil Despite Venezuela’s Disputes

• Sunday, 28th June 2015
• by Egypt Oil & Gas

Exxon Mobil Corporation (NYSE:XOM) recently discovered oil off Guyana’s coast but the country is involved in a land dispute with Venezuela, which can potentially disrupt the oil major’s exploration activities.