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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