The company has signed up the Noble Discoverer to carry out the work. The Noble-owned rig will come from Suriname, where it will be under contract with Petronas between August and November.
Colombia’s Mines and Energy Minister Irene Velez, a radical environmentalist who opposed new oil exploration contracts, quit Wednesday amid a scandal.
“Ecopetrol certainly needs to grow its portfolio,” they said. “The strong emphasis on energy transition, the position to not seek new exploratory contracts and the idea of becoming a relevant power generator player” are debatable, they wrote.
Operations had returned to normal in the third quarter in Gabon, Maurel said. The company began a well stimulation campaign in the fourth quarter of 2022, with the field now capable of producing more than 21,000 bpd.
Developing LNG projects is traditionally seen as a big-ticket item, reserved for the few. Costs are high and equipment specialised, making the resource out of reach for most smaller scale operators – despite the advantages it offers.
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
ExxonMobil drilled a so-called dry hole off the coast of Brazil, a rare setback in the oil titan’s effort to expand its South American crude reserves.
NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
BHP Group says it’s getting rid of thermal coal mines to help prepare for a lower-emissions future, yet the company’s still counting on fossil fuels to drive its business for another decade.
Noble Energy raised the possibility of selling out to Chevron on May 12. The super-major took only until May 28 to indicate it would be keen for such a deal.
Royal Vopak has bought a 49% stake in Colombia’s LNG import facility, in Cartagena. The company did not disclose how much it paid for the holding, in the statement announcing the move on September 12.
Spanish energy firm Repsol and Exxon Mobil are partnering to continue exploring for oil and gas off the coast of Colombia.
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.
Houston's Noble Energy will take the lead on exploring the offshore oil and gas potential of Colombia with Royal Dutch Shell.
London-listed Amerisur Resources has signed a farm in agreement (FIA) with Gulfsands Petroleum for the acquisition of the Putumayo 14 block in Colombia.
South-America focused oil firm Amerisur Resources said it had transported 2million barrels of oil through the OBA pipeline.
Oil explorer and producer Amerisur Resources has started commercial production from its Platanillo-22 well in Colombia.
A delegation from Colombia will arrive in Aberdeen today to take the first step in establishing a partnership with the local oil and gas supply chain.
Aberdeen and Grampian Chamber of Commerce (AGCC) will welcome a delegation from Barranquilla, Colombia, to the Granite City tomorrow.
Global Energy Development posted a robust financial rap-sheet for the first half of the year.
Pumping operations at one of Colombia's most important oil pipelines have been halted after a leftist rebel bomb attack.
The story of Aberdeen’s transformation from a bustling fishing port into the energy capital of Europe is being used to inspire a South American city going through similar changes.
A militant group has reportedly bombed an Ecopetrol pipeline in Colombia.
South American focused Amerisur Resources has begun drilling on well Platanillo 8 on Pad 5 in the Platanillo field in the Putumayo basin of Colombia.