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Latin America upstream: what to watch in 2015

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Report summary

In 2015 depressed global oil prices continue to dominate the landscape and slow activity in the region. Although cash strapped companies will delay projects others will move ahead as planned.

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    Latin America upstream: what to watch in 2015

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Table of contents

  • IOCs and Asian NOCs will dominate Mexico's Round One
  • Uruguay and Colombia will lead otherwise depressed exploration in the region
  • Drilling activity in Argentina's Vaca Muerta will remain flat in 2015
  • Petrobras greenfield developments will face delays
  • E&Ps will see increased flexibility from a cash-strapped Venezuela
  • Colombia will deliver the world's first cargo from an FLNG plant
  • Licensing will be delayed for Peru's Block 192

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