Total scores fourth Suriname success
Total and Apache have announced a fourth discovery at Block 58, offshore Suriname.
Americas
LNG Canada plans return after COVID-19 outbreak
Staffing levels are increasing at LNG Canada following a COVID-19 outbreak in November and December.
Technical development at heart of the solution
Oil and gas companies across the globe are facing something of a balancing act currently.
Shell to lay off 700 workers at Louisiana refinery
Shell will lay off 700 workers after closing its Convent refinery in Louisiana, part of a company effort to reduce carbon emissions.
Halliburton to lay off more than 200 in Texas
Halliburton will lay off 216 employees in North Texas as the coronavirus pandemic continues to depress demand for oil-field services and equipment.
Global ventures pay off for Craig International
Craig International’s expansion into North America, the Middle East and South Africa reaped big rewards during the year to April 30.
National Oilwell Varco latest to go down soft rebrand route
Houston-headquartered oilfield equipment maker National Oilwell Varco has become the latest firm in the hydrocarbons sector to announce a soft rebrand.
Weir says sale of oil division to Caterpillar held up by Covid
Scottish engineering firm Weir Group has said completion of the sale of its oil and gas division to Caterpillar has been delayed due to Covid-19.
Diamondback Energy to acquire QEP Resources for $2.2 billion
Diamondback Energy is planning a pair of acquisitions worth more than $3 billion that would strengthen its position in the Midland Basin of West Texas.
Updated: Hurricanes and Appomattox subsurface issues leave Shell facing hefty charges in Q4
Shell said today it expects to record post-tax charges of £2.6 billion to £3.4bn in the fourth quarter of 2020.
Drilling starts on Perseverance well offshore Bahamas
London-listed oil explorer Bahamas Petroleum Company (BPC) said today that drilling of the Perseverance well had begun.
A bright future for the Guyana economy post-Covid
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
Hunting swaps subsidiary for stake in Texan oilfield equipment supplier
Hunting has sold its US drilling tools subsidiary to Rival Downhole Tools in exchange for a minority stake in the Texan oilfield equipment supplier.
Fugro awarded Petronas contract for positioning services in Guyana-Suriname Basin
Fugro has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
Energy Voice’s essential Guyana Playbook is now available
Guyana is the world’s most exciting frontier oil and gas exploration area. There’s a lot of oil, it’s good quality and it’s relatively cheap to produce. It has attracted a host of major players, including Hess, CNOOC, Total, Repsol, Qatar Petroleum, Tullow and, above all, ExxonMobil.
88E Preparing for Maiden Drilling of 1.6 Billion Barrel North Slope Project
88 Energy Ltd (ASX 88E; LON 88E) this week executed its drilling contract to drill the Merlin-1 and Harrier-1 wells for Project Peregrine on the North Slope of Alaska.
Petronas scores Suriname find
Petronas has made a first discovery offshore Suriname, in Block 52, at the Sloanea-1 exploration well.
Rusty won’t let sun set on DGO’s success story
“We set it up from day one to focus on free cash flow and, as we’ve grown, that strategy really hasn’t changed. The industry has operated for too long on negative free cash flow.”
A stack more floaters are headed for the chop
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.
ConocoPhillips warns of 500 Houston job cuts as Concho deal nears
ConocoPhillips may dismiss as much as one-fourth of its Houston headquarters staff as the largest independent oil explorer cuts costs and prepares for the takeover of Concho Resources Inc.
Oil trader Trafigura denies Brazil prosecutor bribery claims
Trafigura Group Ltd. denied bribery allegations leveled by Brazilian prosecutors in a civil lawsuit claiming the commodities trader and its staff participated in a kickback scheme to win business with state oil producer Petroleo Brasileiro SA.
KCA Deutag changing hands in financial restructuring to slash debt
Scottish oil and gas drilling giant KCA Deutag is changing hands as part of a financial restructuring to slash debt.
Anti-Covid measures raise cost estimate for Bahamas well by 15%
Bahamas Petroleum Company (BPC) said today that measures put in place to tackle Covid-19 had led to a 15% increase to the cost estimate for its Perseverance well.
Six US oil executives jailed in Venezuela
Six American oil executives held for three years in Venezuela have been found guilty of corruption charges by a judge and immediately sentenced to prison.
Expect any Biden climate plan to have big impact on energy sector
The Joe Biden climate plan, Energy sector experts breakdown what to expect as the new US President looks to change the country's climate change stance.