Killajoules

Bolivia: start-up of production from Itaú Phase 2
Total announces the start-up of production from Phase 2 of the Itaú gas and condensate field located in Block XX (Tarija Oeste) in the Andean Cordillera foothills of Bolivia.

GE Announces New Natural Gas Production Project in Latin America
GE Oil & Gas (NYSE: GE) today announced that TOTAL S.A., a leading global oil and gas company with operations in more than 50 countries, will install two of GE’s ecomagination qualified single-stage Integrated Compressor Line (ICL) units to help boost natural gas development in Bolivia. This contract is the first order in Latin America for GE’s advanced ICL compressor technology as well as with TOTAL.

First production from Margarita Phase I in Bolivia
BG Group today announced another key project delivery milestone for 2012 with the first phase of development at the Margarita gas field in Bolivia now on-stream.

Exterran Selected to Develop Gas Processing Plant in Bolivia
Exterran Holdings, Inc. (NYSE: EXH) announced today that Petrobras has awarded the company a contract for the design, fabrication and sale of a major natural gas processing and treating facility in Itau, Bolivia.

Antonio Brufau reaffirms Repsol's investment in Bolivia alongside Evo Morales
Repsol Chairman, Antonio Brufau, and the Bolivian President, Evo Morales visited the Margarita gas field in Bolivia today, with a group of international financial analysts.

YPFB awards TR a liquid separation plant in Gran Chaco, Bolivia
Yacimientos Petrolíferos Fiscales Bolivianos, YPFB, has selected Técnicas Reunidas (TR) as main contractor for the engineering, purchasing of equipment and materials, construction and start-up for a new natural gas liquid separation plant in Gran Chaco, Bolivia. The contract was awarded under a lump sum turn key scheme, with an approximate value of $500 million USD.

YPFB and Petrovietnam sign exploration agreement for three new areas
The president of YPFB Corporation, Carlos Villegas and the representative of the Corporation for Oil Exploration and Exploitation (Petrovietnam), Van Thi Thuy, will sign Friday in the city of Santa Cruz a Estudiopara Convention prospecting perform tasks in three areas of hydrocarbon interest in Bolivia.

Total Bolivia - new gas and condensate discovery on the Aquio block in the Andean foothills
Total announces that the exploration well AQI-X1001 drilled by its subsidiary Total E&P Bolivie (“TEPBo”) has encountered gas and condensate on the Aquio block. This well confirms the northern extension of the Incahuasi structure, discovered in 2004 by the exploration well ICS-X1 in the adjacent Ipati block.

Total Bolivia: Production start-up of the Itaú field
Total announces the start-up of the Itaú gas and condensate field located on Block XX (Tarija Oeste) 400 kilometres south of the city of Santa Cruz in the Andean Cordilleras foothills. The first phase of the development came on stream on February 2nd and is designed to produce 1.5 million cubic meters of gas per day (10,000 barrels of oil equivalent per day (boe/d)), which will be processed in the facilities of the neighboring San Alberto field. Itaú gas production will mainly be exported. The Block XX joint venture has also submitted for approval to YPFB a development plan which aims at increasing Itaú’s production from 1.5 to 5 million cubic metres per day by mid-2013 (about 35,000 boe/d).

Total announces a new partnership with Gazprom in Bolivia
Total announces the signature of a farm out agreement with Gazprom for the transfer of a 20% interest in the Ipati and Aquio licenses in Bolivia. Subject to the Bolivian authorities’ approval, the partnership on these licenses will be constituted by Total (60%, operator), Tecpetrol (20%) and Gazprom (20%).