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Falling breakevens, access to new acreage and sizeable reserves are keeping Latin America front and center.
The latest startups mean BP has brought five of its seven major 2017 projects onstream.
U.S. firms across the value chain can take advantage of opportunities that will emerge from Mexico’s energy reform, say experts at EnerCom.
As GeoPark Ltd. looks to grow its production, the extent of which depends on oil price, the Latin America-focused independent also wants to expand its portfolio.
Blue Ocean Drilling is set to make its market splashdown in 2016 with new rigs and new approach.
Under relaxed trading embargo with U.S., Cuba can now use products made with 25% U.S. components. Cuban officials say at least one deepwater rig meets the new standard, Reuters reported.