Posts by Fernando Tamayo
Eni strikes again on Block 10, but is it enough?
Does Eni have a second greenfield development in Mexico on its hands? The Sayulita find earlier this week gives the company two discoveries on its…
Read MoreShell greenlights development of US Gulf of Mexico Whale field
Whale will help keep US Gulf production at a plateau into the second half of decade, said Matt Snyder, head of US Gulf of Mexico…
Read MoreCan 3R Offshore turn around troubled Papa-Terra field?
On 12 July 2021, 3R Offshore announced the acquisition of Petrobras’ 62.5% operating stake in the ultra-heavy oil Papa-Terra field, located in the south of…
Read MoreCGC makes transformational acquisition in Argentina to become one of Latin America’s biggest independents
On 30th June 2021, CGC announced the acquisition of Sinopec’s Argentina portfolio. The consideration has not been publicly disclosed, but some reports put it at…
Read MoreLukoil doubles down on Mexico as political risk increases
On 5 July 2021, Lukoil announced the acquisition of Fieldwood Mexico’s 50% operating stake in Ichalkil-Pokoch for US$435 million, plus 2021 capital expenditures (which we…
Read MoreAnother Petrobras onshore divestment creates a new rising Brazilian independent
The independents’ peer group space in Brazil is fast-growing, particularly onshore. There has always been enormous interest, but Petrobras’ dominance was the obstacle to company…
Read MoreAnother ILX success for Eni with Eban discovery in Ghana
On July 6th, Eni announced its second discovery on Block 4 in Ghana’s deepwater Tano Basin. The Eban-1X well was drilled to a depth of…
Read MoreZama, ¿orgullo nacionalista?
Para el experto de la consultoría Welligence, Pablo Medina, la decisión del gobierno de México es un tema de ego. ¿Por qué? Porque todos: Pemex,…
Read MoreMexican Authorities Award Pemex Operatorship of Disputed Zama Field
Houston-based Welligence Energy Analytics pointed out that Pemex has suffered disappointing results with shallower fields, including a 50% drop in production over a 6-month period…
Read MoreNigeria’s PIB heralds progress for royalty payments
Also sceptical was David Thomson, vice president at Welligence Energy Analytics. There does seem to have been tangible progress, he said, but “the devil will…
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