Oil and gas company CGX, the operator of the Corentyne offshore block in Guyana, has, with its partners been given more time to drill a well in the block.Frontera Energy Corporation, a CGX partner in the Corentyne block, said Friday that, following…
The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect…
European international oil companies (IOCs) are leading the way in terms of progressing strategies for renewable power growth, ahead of US players that have not, so far, made the same switch, energy intelligence firm GlobalData said.According to Global Data…
Bahamas Petroleum Company (BPC), an oil and gas firm which is gearing up to spud its first well offshore the Bahamas next month, has raised the cost estimates for the drilling operation, citing COVID-19 mitigation measures.As previously reported…
Some 262 oil service workers at Schlumberger's Norwegian subsidiary plan to go on strike from Dec. 3 if negotiations with employers over pay and working conditions fail, the Safe trade union said on Thursday.The negotiations cover drillers, well service crews…
Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.Nord Stream 2 runs alongside…
Abu Dhabi's national oil company ADNOC said Thursday it had awarded a contract worth up to $519 million to Chinese seismic contractor BGP to further expand the scope of what it says is the world’s largest combined 3D onshore and offshore seismic survey…
ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters…
Brazil's state-controlled oil company Petroleo Brasileiro SA cut its five-year investment plan by 27% from a year ago to $55 billion to preserve cash, as the coronavirus pandemic drove down global oil demand and prices.In a filing on Thursday…
Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea.Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm…
UK oil and gas exploration and production firm Jersey Oil & Gas (JOG), has agreed to buy Cieco V&C, a company which owns an interest in JOG-controlled Licence P2170, in the UK North Sea.The company has entered into a conditional sale and purchase…
Gulf Marine Contractors (GMC) said it has appointed Peter Finstad as the company's new executive vice president. Finstad's focus will be expanding GMC's logistics services to the offshore energy industry and providing commercial and operations…
Japan's largest provider of city gas Tokyo Gas Co., Ltd. has joined the joint venture established by Shizen Energy Inc. and Northland Power Inc. in 2019 for the development of offshore wind projects in Chiba Prefecture, Japan, the partners announced Wednesday…
Britain's Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt.Tullow, which was set up in the 1980s produce oil and gas in Africa…
Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.In its annual UK diversity pay gap report, Shell also published for the…
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