TotalEnergies plans to exit its discoveries of gas-condensate off the tip of South Africa to prioritise exploration in other areas closer to Namibia, according to people familiar with the matter.
Like 80% of Guyana’s college graduates, Richard Singh had left the tiny South American nation for better job prospects abroad. Then, in a surprising turn of events, he realized he could make more money back home.
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.
The arbitration process to determine whether ExxonMobil can block the $53 billion sale of Hess Corp to Chevron is stalled due to the incomplete appointment of a third arbitrator, according to Reuters.
TGS will manage and license Tanzania’s offshore subsurface data under an agreement with the country’s Petroleum Upstream Regulatory Authority.
Previous exploration has proven various plays, TGS said, across much of the stratigraphy offshore, from early Cretaceous to Miocene reservoirs.
US oil and gas drilling company Noble has signed a definitive agreement to acquire Diamond Offshore Drilling in a cash and stock deal.
Petrobras’ new chief executive said a basin in Brazil’s Equatorial Margin, an environmentally sensitive offshore prospect seen as the country’s most promising frontier for oil exploration, was a matter of “national interest.”
A three-way race is intensifying for the Guyana offshore oilfield business, which is estimated to contain at least 11 billion barrels of oil and gas, including Exxon Mobil and Chevron, the two largest U.S. oil companies, and Hess, an oil exploration company.
Petronas Suriname E&P BV, a subsidiary of Petronas, made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well offshore Suriname.
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