Trinidad and Tobago-based conservation group, Fishermen and Friends of the Sea (FFOS) is expressing concern over the risk of a possible oil spill in the waters near CARICOM member state Guyana, saying such a disaster could negatively affect the entire Caribbean region.
Oil major TotalEnergies intends to develop a US$9Bn deepwater oil project in Suriname using a nexus of subsea infrastructure connected to a newbuild FPSO
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe has stated that the current oil block bid for 2024 is meant for investors with financial capacity and technical competence.
Noble Corp., the world’s biggest offshore oil-rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.
Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.
US oil and gas drilling company Noble has signed a definitive agreement to acquire Diamond Offshore Drilling in a cash and stock deal.
John Browne, the former head of BP, has seemingly backed a Labour Party pledge to end North Sea oil and gas exploration.
The industry heavyweight, who joined the energy giant as an apprentice in the 1960s, said that plans for the North Sea and the “energy transition” would be important issues at the next election.
With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global energy frontier. These bid rounds are poised to cement Africa as a global hub for hydrocarbon development.
Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
The Ministry of Natural Resources has raised an alarm over the increase in cases of locals ‘fronting’ for foreign companies, which undermines the Local Content Act, and in some cases, evade taxes that ought to be paid to the Guyana Revenue Authority.