Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, are seeking to undertake additional action to tap into and unleash the hydrocarbon resources on the Corentyne block offshore Guyana, given the potential for a standalone shallow oil resource development across the block, which their exploration results highlighted.
Recent weeks have brought news of the discovery and development of major oil and natural gas reserves from opposite sides of the African continent. According to regional leaders, these reserves are so immense that they offer the possibility of boosting the economic trajectories of countries that have long had scant reason for optimism.
Newcore Gold Ltd. [TSXV-NCAU; OTCQX-NCAUF] has started a 10,000-metre drill program at the 100%-owned Enchi gold project in Ghana, West Africa. The drill program will focus on infill and resource expansion drilling.
The Chamber of Bulk Oil Distributors (CBOD) has endorsed the Ministry of Energy’s new standard for measurements in the oil and gas sector, aimed at enhancing revenue assurance.
Consolidated Shipping Agencies Limited (CONSHIP) has presented assorted medical supplies and technological equipment to Half-Assini Government Hospital to support in delivering top-notch health care services.
We recently entered a strategic collaboration with Ormat Technologies, Inc., a leading renewable energy company, to develop and deliver integrated geothermal projects.
The UK North Sea oil and gas sector is engaging with regulatory authorities on plans by a German commercial alliance to begin suborbital rocket launches over British waters on a test basis, reflecting the increasing complexity of activity in Europe’s largest hydrocarbons basin.
Offshore Wind California has praised the California Energy Commission’s final strategic plan to deploy large scale offshore wind in the state, and called the effort a “watershed moment” for the development of the sector.
In a significant rebound, Russia’s oil and gas revenues for June are projected to increase by over 50% year-on-year, reaching $9.4 billion, according to new Reuters calculations. This surge comes after a reduction in refinery subsidies, highlighting Russia’s resilience in the face of Western sanctions aimed at its energy sector.
Riggs Distler, a Centuri company, is one of the largest union utility, mechanical, and electrical contractors in the United States with a growing portfolio of work in emerging clean energy technologies. With its corporate headquarters in Cherry Hill, NJ and multiple offices across the Garden State, the firm brings over a century of local market experience.