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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.
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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