Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.
The post Partners stand firm …
Partners stand firm in opposition to Guyana pulling the plug on offshore license Read More »
OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.
The post Norwegian firm getting a st…
Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision Read More »
ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.
The post ExxonMobil…
Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed boar…
$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project Read More »
As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.
The post Oil tanker stays put as cargo sh…