Leaders of a public oilfield investment entity in Newfoundland, Canada, are in a rush to secure more oil 鈥 and the province鈥檚 first gas production 鈥 as well as more investment from international oil companies, government documents suggest.With some decrying gas as the new oil鈥
With three Chinese cities and about 23 million people 鈥渜uarantined鈥, the newly formed corona virus looks set to disrupt all from the oil price to crew movement to the ability of managers to travel unobstructed 鈥 that鈥檚 if it gets that bad.Already鈥
Gabon looks to be on its way to achieving the projected 50% increase in crude oil production in the next one year if the positive result from offshore wells development, by two of the leading international oil companies operating in the country鈥
A range of oil companies and their suppliers saw their market value enrichened Monday for reasons that included oil skipping its usual end-of-month dip in December, as WTI and Brent in 2020 still looking like 2019.With oil stable, even 鈥渕inor鈥濃
Dave Stewart, CEO of Wood鈥檚 Asset Solutions business in Europe, Africa, Asia & Australia, discusses how traditional upstream oil and gas businesses are responding to this transitional period to continue to provide sustainable, affordable, reliable and safe access to energy鈥
A flurry of North Sea and North American offshore substation awards culminated Thursday in a contract award to GE Renewable Energy鈥檚 Grid Solutions business from EDF Renewables and ESB for their Neart na Gaoithe offshore wind project.GE said鈥
Senegal could as well be on the way to joining the league of top African oil and gas producers in the next three years after developers of one of the most profound offshore discoveries announced reaching a final investment decision (FID).The Rufisque 云顶赌场老虎机鈥
At 670 million barrels of recoverable oil, Mexico鈥檚 Zama field would be a nation-building giant in any prolific oil-bearing basin.That reserves estimate 鈥 made this week by Netherland, Sewell & Associates for Talos Energy, the Houston-based鈥
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells鈥
Rising oil prices are bolstering the numbers of floating production systems on-order or in the planning stage, with fresh orders from Northern Europe and Brazil merely adding to a buoyant market, a new report says.In the doldrums just a few years ago鈥
Gambia鈥檚 petroleum sector objective in the National Development Plan (NDP) of 2018-2021 is shaping up even before the year 2020 gains momentum after Australian firm FAR Ltd announced a key offshore data acquisition project in the West African country鈥
Norwegian offshore operator Equinor said Monday it will invest 50 billion kroner ($5.67 billion) over 10 years on a path toward reducing company-wide emissions by 40% through to 2030.Using the EU鈥檚 2005, rather the UN鈥檚 1990 as a benchmark year鈥
Norway鈥檚 bevy of oilfield supplier had a terrific day on the stock market Thursday, the first day back from holiday riding a buoyant oil price and news Chinese and Norwegian orders for oilfield items was on-again.Drilling contractor Seadrill led the pack鈥
As the New Year kicks off this week, some of Africa鈥檚 oil and gas producers are looking forward to fast-tracking approved offshore exploration plans to counter falling production volumes and meet the increasing demand especially for natural鈥
Europe 鈥 okay, Brussels 鈥 is keenly anticipating the day hydrogen begins supplanting the natural as in its pipeline net, as more explosive H could mean energy storage, motive power and, perhaps, heating.It wants more hydrogen from offshore platforms鈥