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Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Argentina makes progress on LNG dream
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
The changing face of Argentina’s upstream
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
Latin America feels the heat
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Colombian O&G starts to feel investment squeeze
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
Argentina opens up to international investors
The controversial trimmed down version of the ‘omnibus bill’ promises to attract more foreign investment to sectors including oil and gas, but critics raise concern it still goes too far
Brazil awaits contentious Equatorial Margin call
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
Indie Arrow targets rapid production growth
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
Argentinian tax row casts shadow over upstream
Clash between federal and regional governments escalates as Chubut calls for supply disruption unless demands are met
Colombia’s upstream set for decline
Political decision-making casts doubt on the Latin American country’s ability to sustain energy self-sufficiency in the long term
Geopark aims to consolidate its footprint in Colombia by growing production
Argentina Brazil Chile Colombia Vaca Muerta Geopark
Charles Waine
12 August 2021
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Geopark looks to shed assets

The operator is doubling down on its core Colombian asset base, divesting non-core assets across South America

Latin America-focused independent E&P Geopark is poised for some serious portfolio reshuffling. Colombian production growth is the clear priority, while the company hopes to shift acreage in Argentina and Brazil and could exit Chile entirely if it finds a willing buyer. Colombia already accounts for more than 80pc of Geopark’s output, and the operator says 95pc of near-term drill targets are in the Andean country. Offloading less profitable acreage is the firm’s primary aim, with the proceeds to be largely redirected towards tackling debt. And some divestment progress has already been made. In Peru, Geopark signed an agreement to transfer its 75pc operating interest in the Morona block t

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