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Posts by Melissa Lucio

US GoM M&A | OG Energy achieves US GoM critical mass with acquisition from Beacon Offshore

On 29 March 2024, Beacon Offshore announced the completion of the divestment of its non-operated interests in certain fields to OG Energy for an undisclosed…

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Brazil M&A | Westlawn Americas Offshore continues its rapid growth with US$301.7 million Brazil upstream acquisition

On 21 March 2024, Westlawn Americas Offshore (WAO) announced the acquisition of a non-operating 20% interest in the BS-4 concession from Enauta for US$301.7 million.…

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Vaca Muerta wins markets in the region: Bolivia already imports oil from Neuquén

Andrés Armijos, head of LATAM at the Houston-based consulting firm Welligence Energy Analytics, confirmed that Bolivia has not been successful in its exploratory plans to…

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Australia M&A | JERA increases Australian LNG exposure, as Woodside trims Scarborough stake

On 23 February 2024, Woodside announced that it has agreed to sell a 15.1% interest in its operated Scarborough JV to JERA, for US$1.4 billion.…

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Brazil Licensing | Latest bid round triggers rush for Pelotas Basin acreage

The ANP held its latest bid rounds on 13th December 2023, the 4th Concession Permanent Offer and the 2nd Production Sharing Contract (PSC) Permanent Offer.…

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Argentina’s new president promises energy shake-up

This issue extends into the political arena. Any proposed incentives aimed at fostering growth and investment in the Vaca Muerta must navigate the complexities of…

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Argentina Politics | Big promises – can Milei deliver his energy agenda?

This Sunday (10th December 2023), Javier Milei will take office as Argentina’s new president, and he has many plans for Argentina’s energy industry.   ACCESS…

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Venezuela’s limited oil sanctions relief

Venezuelan supply “could add to the competition and result in heavier discounts for South American heavy crudes”, [Andres Armijos] continues.

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