The Suriname-Guyana basin continues to be a focal point for hydrocarbon exploration and development, as evidenced by CGX Energy’s recent discovery at the Corentyne block, in line with Suriname’s Block 58. Indeed as frontier E&P remains at a comparatively low ebb, this represents one of few global hotspots, with an estimated 16bn barrels of recoverable resources discovered to date.
A fire appears to have forced an evacuation from an oil platform offshore Mexico, according to local reports.
TotalEnergies is dropping out of the North Platte development, in the US Gulf of Mexico.
BW Offshore has signed a deal to recycle its BW Cidade de São Vicente at a yard in India, in compliance with the Hong Kong International Convention.
The Kawa-1 well has found 54 metres of hydrocarbon-bearing reservoirs offshore Guyana, on the Corentyne block.
Saipem has won two new offshore contracts, in Australia and Guyana, worth $1.1 billion, on the Scarborough and Yellowtail projects respectively.
The Biden administration is selling drilling rights across the Gulf of Mexico on Wednesday in an auction that will test the oil industry’s appetite amid White House efforts to shift away from fossil fuels.
Some Shell production in the US Gulf of Mexico will not return before the first quarter of next year, owing to damage to the West Delta-143 (WD-143) facility.
A video shows the damage caused by Hurricane Ida on the US Gulf Coast.
Shell Offshore has reported damage to its West Delta-143 (WD-143) offshore facilities following Hurricane Ida.
Shell has taken the final investment decision (FID) on the Whale project, in the US Gulf of Mexico, copying many of the aspects of its Vito project.
ExxonMobil’s Bulletwood-1 well offshore Guyana found reservoirs but no commercial hydrocarbons.
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
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.
Tems International, an Aberdeen-based supplier of environmental management and compliance services to oil and gas exploration and production companies, said yesterday it had secured a major contract for work in offshore Trinidad and Tobago.
Stena Drilling has struck a deal with CNOOC International for a one-well job off Newfoundland, Canada.