Equinor and Shell Collaborative Partnership
Equinor and Shell joint venture Equinor and Shell have unveiled plans to form a JV that will combine their UK offshore oil and gas assets. According to Equinor, the new JV will be the UK North Sea’s “largest independent oil and gas producer”. The venture, equally owned by both companies, will aim to ensure the […]
Examining Oil and Gas Advertisements: How Accurate Are They?
Drilling into oil and gas ads — how accurate are they? You may have noticed a lot of oil and gas advertising recently, mainly driven by the Government of Alberta and Cenovus Energy. In October, Alberta launched its $7-million “Scrap the Cap” campaign in five provinces opposing the federal government’s emissions cap on oil and gas. Cenovus […]
Indonesia Signs Contract for Central Andaman Block
Indonesia inks Central Andaman block contract Indonesia’s Ministry of Energy has confirmed the signing of a contract with units of Harbour Energy and Mubadala Energy for the development of the Central Andaman oil and gas block, reported Reuters. This marks the first utilisation of a new gross split scheme, simplifying the contracting process for energy […]
Challenging Setbacks and a Proposed Emissions Cap Raise Concerns for Newfoundland and Labrador’s Oil Industry
Sobering setbacks and a proposed emissions cap raising concerns for N.L.’s oil sector The win column is starting to look a little bare for Newfoundland and Labrador’s oil and gas industry, and now the sector is facing more uncertainty as Ottawa proposes an emissions cap on production. “It’s getting more difficult to attract the attention […]
Production Commences at Huizhou 26-6 Oilfield
Huizhou 26-6 oilfield production started China National Offshore Oil Corporation (CNOOC) has commenced production at the Huizhou 26-6 oilfield development project. The project, entirely operated and owned by CNOOC, is located in the Pearl River Mouth Basin at an average water depth of approximately 110m. It represents CNOOC’s first deep buried-hill reservoir development project in the South […]
Oil and Gas Drilling Expected to Hit 10-Year Peak, but Trump Tariffs Present Risks
Oil and gas drilling projected to reach 10-year high but Trump tariffs pose threat Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if president-elect Donald Trump makes good on his tariffs threat. The Canadian Association […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million
GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]
Falcon Oil and Gas Limited
Falcon Oil & Gas Ltd. FALCON OIL & GAS LTD. (“Falcon” or “Company”) Filing of Interim Financial Statements 28 November 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its interim financial statements for the three and nine months ended 30 September 2024 and the accompanying Management’s Discussion […]
Mining and Oil & Gas Machinery Manufacturing Market: Overview and Insights
Mining and Oil & Gas Machinery Manufacturing Market: Size, Mining And Oil And Gas Field Machinery Manufacturing Global Market Report 2024 The Business Research Company recently released a comprehensive report on the Global Mining And Oil And Gas Field Machinery Manufacturing Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers […]
Cable-Laying Barge Completes Its First Subsea Venture in Oil & Gas After Offshore Wind Projects (Gallery)
Cable laying barge wraps up its first subsea foray into oil & gas arena after offshore wind jobs (Gallery) China-headquartered subsea cable vessel owner and operator Fulan Offshore has crossed the finish line at an oilfield project in the Bohai Sea with one of its cable lay barges (CLBs), which previously worked on offshore wind […]