Oil & Gas

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Guyana Relaunches Search for Company to Market Its Crude

Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process "simpler and more competitive," the natural resources minister said on Monday.

 
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Petrobras Sells Papa-Terra Field to 3R Offshore

Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.

 
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