African energy investors are increasingly looking beyond domestic upstream opportunities toward major oil, gas and infrastructure developments in South America, with Brazil’s pre-salt offshore sector and Argentina’s expanding LNG and pipeline network emerging as key targets for future capital deployment.
CoreMarine and Jumbo Offshore have been awarded a contract to transport, install and hook up floating LNG (FLNG) infrastructure offshore Argentina, supporting development of gas export capacity in the Golfo San Matías.
Argentina no longer faces a $16.1 billion court-ordered payment tied to the 2012 nationalization of state-owned oil company YPF.
President Javier Milei’s marquee program for luring investment into Argentina is poised to attract a new round of applications from crude producers after his administration broadened it to include shale oil wells. YPF SA, Vista Energy SAB, and Pampa Energia SA said on recent earnings calls that they were all eyeing the program. Known by […]
Shell may be considering leaving the Vaca Muerta shale play in Argentina, Reuters has reported, citing unnamed sources. Both a partial asset sale and a full exit are on the table, according to the report, with the deal or deals potentially fetching billions. The Vaca Muerta play is considered the second-largest shale oil and gas formation […]
Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase in 2026 the U.S. Energy Information Administration has predicted. According to the energy watchdog, Brazil’s growth will mainly be driven by new offshore pre-salt projects coming […]
Colombia-based independent GeoPark has acquired the 100% operated working interest held by Pluspetrol in two blocks in the Vaca Muerta shale formation in Argentina for USD 115 million, GeoPark announced on Thursday.
Seatrium is a Singapore-based global solutions provider specialising in engineering, procurement, construction, upgrading and repair of offshore and marine assets. It has extensive capabilities in LNG systems and floating energy solutions, including dual-fuel and LNG-powered vessels.
Fracking has boosted U.S. oil and gas production to record highs and significantly raised America’s oil and gas exports, giving the United States sway over global oil and LNG markets. Soaring U.S. oil production has challenged OPEC’s decades-long influence on global oil supply and prices, while American LNG exports have upended global natural gas trade, both in cargo flows and pricing mechanisms.
Golar LNG announced that Southern Energy S.A. (SESA) has reached a Final Investment Decision (FID) for the 20-year charter of Golar’s 3.5 mtpa MK II floating LNG (FLNG) unit. The decision follows definitive agreements signed between the parties in May 2025.