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  • Ecuador completes highway upgrade

    11/13/17
    Ecuador's public works ministry (MTOP) opened an upgraded 38km stretch of highway connecting the Bolívar and Chimborazo provinces. The upgrade demanded an investment of US$13mn, according to a press release from the ministry. ...

  • LatAm hydrocarbons roundup

    11/8/17
    Japanese company Inpex's crude and natural gas production in the Americas was 1.1Mb and 19.7Bf3, respectively, in the six months ended September 30, compared with 1.4Mb and 21.1Bf3 in the year-ago period. Inpex's net sales in the...

  • LatAm rig count declines

    11/7/17
    Latin America's rig count fell to 177 in October from 183 in the same month last year. The total rig number last month comprised 151 offshore rigs and 26 onshore, according to Baker Hughes. The worldwide total for the month was...

  • Brief: Ecuador hydrocarbons watch

    10/26/17
    Ecuador's hydrocarbons department (SHE) and Orión Energy Ocano, which operates block 52, signed (pictured) a document whereby the latter will receive pending VAT payment for E&P services carried out in 2016-17. For its part,...

  • Snapshot: Ecuador migrates back to PSCs

    10/17/17
    Ecuador's decision to return to production sharing contracts (PSC) from service contracts may add new impetus to upstream hydrocarbons activity, which has been dominated by the state since former president Rafael Correa did away with...