Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…
The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.At the conference…
France's TotalEnergies confirmed Friday it had with its partner Qatar Petroleum been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies will operate the two shallow-water blocks, with depths between 30 meters and 50 meters…
Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview.Brazil oil…
According to Jim McCaul, Managing Director at IMA/World Energy Reports, Guyana has a huge appetite for FPSOs. Here's a brief 'by the numbers' look:The Stabroek Block covers 26,800 sq km containing multiple prospects and playsThere are 20+ discoveries…
The offshore drilling rig market is showing remarkable signs of recovery despite having faced severe headwinds of late. Throw the “green” rig revolution and further consolidation into the mix, and the next few years could be a period of real transformation for the industry…
U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday.Staatsolie…
French oil firm Total has extended the contract with the Danish drilling contractor Maersk Drilling for the use of the Maersk Developer offshore drilling rig in Suriname.Total, via its Suriname subsidiary Total E&P Suriname, has exercised an…
Oil and gas company Eco Atlantic has agreed to acquire a stake in JHI Associates, which owns a share in the Canje block, offshore Guyana, where ExxonMobil is drilling for oil.Eco will acquire up to a 10% interest in JHI and appoint Keith Hill…
Malaysian FPSO specialist Yinson has been selected by TotalEnergies, to conduct preliminary Front-End Engineering Design (“pre-FEED”) for two FPSOs to be installed in Block 20/21 in Angola and Block 58 in Suriname. The Angola project FPSO is…
French oil and gas giant TotalEnergies (formerly Total) has been crowned the upstream industry’s most-admired explorer for the second year in a row. The accolade is awarded as part of Wood Mackenzie’s annual Exploration Survey. The award ceremony…
Danish offshore drilling firm Maersk Drilling has secured a two-well contract extension for one of its drilling rigs in Brazil.The contract, for the Maersk Developer semi-submersible drilling rig, is with Karoon Energy, which on Thursday announced…
Tucker Energy Services has signed a deal with Tendeka to promote the sales, installation, and services of Tendeka’s completion technologies across Trinidad, Suriname, and Guyana.'Tendeka’s technology and business development experts in Houston…
Bahamas Petroleum Company, an oil and gas company focused on the Caribbean and Atlantic margin, which earlier this year failed to unearth commercial quantities of oil from the closely watched Perseverance well offshore the Bahamas, is changing its name…
Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…
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