CGX, a Canadian-based oil and gas exploration company focused on oil exploration in the Guyana-Suriname Basin, has entered into a loan agreement with a subsidiary of Frontera Energy Corporation, its joint venture partner in a petroleum prospecting lice…
Guyana partners strike loan deal Read More »
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
The post Drilling job in Saudi waters on ADES rig’s agenda in J…
Drilling job in Saudi waters on ADES rig’s agenda in January Read More »
Qatar’s state-owned oil and gas giant QatarEnergy has chosen Samsung C&T Corporation as the contractor, which will breathe life into a giant carbon capture and sequestration (CCS) project designed to serve the Persian Gulf state’s existing liquefie…
Singapore-based offshore, marine, and energy solutions provider Seatrium has raked in millions by shedding non-core assets to streamline its vessel portfolio with a platform supply vessel (PSV) sale.
The post Seatrium trims its fleet in $59.7 million n…
Seatrium trims its fleet in $59.7 million non-core vessel divestment move Read More »
UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has decided to bring online by the end of the year its second well at an oilfield off the coast of Ghana, which was drilled with a drillship owned by Noble Corpo…
Noble rig spuds next well in West Africa with production start-up due by year-end Read More »