Apache parent APA generates $1bn from stock and asset sales
E&P company APA Corporation has announced the closing of two US transactions, generating net proceeds of around $1 billion.
Suriname
TotalEnergies scores another Suriname strike
TotalEnergies and APA Corp. have made a “significant” oil and associated gas discovery offshore Suriname, on Block 58.
TotalEnergies to keep Maersk Valiant for more offshore Suriname
TotalEnergies has chosen to exercise an option with Maersk Drilling for another well in Block 58, offshore Suriname.
Tullow tips Lake Albert for 2022 launch, exits Suriname blocks
Uganda’s Parliament may not approve the Lake Albert development until the end of the year, pushing the final investment decision (FID) into early 2022.
Chevron, TotalEnergies tipped for Suriname shallow-water blocks
Suriname has named Chevron, TotalEnergies and Qatar Petroleum (QP) as submitting the best bids for blocks under the 2020-21 bid round.
Apache and Total put breaks on Suriname drilling due to high pressure
Apache and Total have halted drilling on the Keskesi East-1 discovery well off Suriname due to “substantial pressure increases”.
Bulletwood fails to land for Exxon
ExxonMobil’s Bulletwood-1 well offshore Guyana found reservoirs but no commercial hydrocarbons.
Updated: Stena Drilling launches petition urging UK quarantine exemption for oil workers
An Aberdeen-based drilling contractor has launched a petition urging the UK Government to give oil workers returning from overseas a full quarantine exemption.
Guyana-Suriname sees rig ‘demand surge’ as region bucks global trend
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
Cyprus, Mexico to lead drilling in 2021
IHS Markit expects companies to drill 38 high impact wells this year.
Total confirms $100m Suriname contract award to Maersk Drilling
French energy giant Total has confirmed the award to Maersk Drilling of contracts worth $100 million for its exploration and appraisal campaign in Suriname's Block 58.
Total scores fourth Suriname success
Total and Apache have announced a fourth discovery at Block 58, offshore Suriname.
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.
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.
Petronas scores Suriname find
Petronas has made a first discovery offshore Suriname, in Block 52, at the Sloanea-1 exploration well.
Total picks Maersk Drilling for $100m, two-rig campaign off Suriname
Total has picked Maersk Drilling to supply two rigs for an exploration and appraisal project off Suriname as part of a deal worth around $100 million.
Oil companies on track to discover 10billion barrels in 2020 despite pandemic – Rystad
Oil companies are on track to discover 10 billion barrels this year, despite the coronavirus pandemic temporarily halting exploration activity this spring, according to Rystad Energy.
Apache in profit for Q3 as cost cutting initiatives outstrip expectations
North Sea oil firm Apache was in the black in the third quarter of 2020 as its cost-saving initiatives outstripped expectations.
$20 per barrel for project approvals, Pouyanné states
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Shell farms into Kosmos portfolio
Shell has struck a deal to farm into Kosmos Energy’s portfolio offshore Sao Tome & Principe, Suriname, Namibia and South Africa.
Stena Drilling wins Suriname work with Tullow Oil
Stena Drilling has been awarded a new contract for work in the Suriname-Guyana basin with Tullow Oil.
Maersk Drilling bags £16.6million Suriname contract with Petronas
Maersk Drillng has won a £16.6m ($20.4m) contract with Petronas off Suriname.
Apache celebrates second score in Suriname
Total and Apache have made a second discovery offshore Suriname, at Block 58’s Sapakara West-1 well.
Kosmos to lean on BP at Tortue LNG
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
Kosmos to pay out dividend, plans energy transition shift
Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period.