Bahamas Petroleum Company, an oil firm with assets in the Bahamas, and as of recently offshore Uruguay, is set to merge with Trinidad-focused Columbus Energy Resources.The boards of directors of the two companies on Thursday said they had reached…
Subsea equipment solutions specialist Ashtead Technology has entered into a partnership with Trinidad and Tobago-based Reliance Subsea Services Limited.The US-arm of Aberdeen-based Ashtead will provide subsea survey and ROV equipment through…
Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling. BPC will use the drilling rig to drill its Perseverance #1 prospect offshore The Bahamas.As previously reported, Bahamas has postponed the Perseverance…
Acteon Group subsidiaries MENCK and LM Handling have won a contract to support piling operations for a platform installation off the coast of Trinidad and Tobago. Subsea services firm Acteon said that the Trinidad and Tobago project would draw…
At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the blended impact of COVID-19 on oil and gas activities and the oil price war, Rystad Energy said Tuesday.These wells, the Norwegian energy intelligence firm said…
U.S. oil company Apache has said it has made a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. This is the company's second large oil discovery in the country this year. The first was struck in January…
Bahamas Petroleum has decided to delay again the start of the drilling operations on its #Perseverance 1 offshore well in the Bahamas, citing 'the massive, unprecedented and adverse impact of the spread of the Covid-19 virus.'The company recently postponed the spud from April to May/June period…
Bahamas Petroleum has delayed its plans to drill an exploration well offshore The Bahamas, citing the impact of the coronavirus on operations.Previously planned to spud in April 2020, the #Preseverance 1 exploration well is now anticipated to be spud in late May or early June…
Colombia's Ecopetrol and Anglo-Dutch energy giant Royal Dutch Shell have teamed up to develop three blocks in the Caribbean, the state-owned oil company said on Friday. Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur…
Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…
The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…
Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…
On 11 June 2015, Fugro’s premier geophysical survey vessel, the Fugro Americas, successfully completed a data-collection project for a geochemical coring campaign in the Caribbean. The project marks the maiden voyage of the new-build vessel…
Pipeline repair company IRM Systems opened a new base of operations in Houston, Texas. Rutger Schouten, general manager of IRM Systems said: “The implications of this development are tremendous, bringing with them the need for a new perspective on pipeline inspection…
Diamond Offshore's Ocean Victory semisubmersible drilling rig has arrived in Trinidad and Tobago to start drilling operations for BP. The rig, which is currently taking on personnel, equipment and supplies, in port, is due to move to the Juniper field…
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