Workers for Aberdeen oil company held up in Colombia armed robbery
Exclusive: Questions raised over robustness of Westhill-based Elemental Energies' security processes.
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Colombia talks up shift away from oil, but drilling continues
Cutting exploration spending, it warned, would run down reserves and have an impact on exports. Such a move “increases the risk of shortages and violates national energy security”.
Noble swaps in rig for Petronas, Exxon in Suriname
"This will be the third of our rigs to work in Block 52 and we look forward to getting the Voyager back in action in early 2024.”
Colombia launches offshore wind round
“The process is open and will involve investors from all over the world interested in the development of wind energy. This new country project will position Colombia as a benchmark in the generation of renewable energy in the region, and will strengthen national energy security,” said Camacho.
Ecopetrol lines up deepwater well for fourth quarter
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 radical oil minister Irene Velez quits amid scandal
Colombia’s Mines and Energy Minister Irene Velez, a radical environmentalist who opposed new oil exploration contracts, quit Wednesday amid a scandal.
New Ecopetrol CEO tanks stock on second day in the job
“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.
Maurel pays down debt, progresses Wentworth deal
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.
Galileo aims to bring LNG to the masses
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.
Operators to retain whip hand in dayrate negotiations, Westwood projects
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
ExxonMobil drills dry hole in setback to Brazil oil exploration
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 talk up ESG, attractiveness amid industry pressure
NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.
NOC spending plans at risk from climate goals
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
Miner BHP deepens plans to exit coal operations
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.
East Med allure launched Chevron’s move on Noble
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.
Vopak buys into Colombian FSRU
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.
ExxonMobil, Repsol partner on Colombia exploration
Spanish energy firm Repsol and Exxon Mobil are partnering to continue exploring for oil and gas off the coast of Colombia.
Colombia sees gain in Venezuela’s pain
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.
Shell, Noble Energy to lead Colombian offshore venture
Houston's Noble Energy will take the lead on exploring the offshore oil and gas potential of Colombia with Royal Dutch Shell.
Amerisur to swoop for Gulfsands’ Colombian block
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 American pipeline saves Amerisur $20m
South-America focused oil firm Amerisur Resources said it had transported 2million barrels of oil through the OBA pipeline.
Amerisur Resources kicks off production from Colombia well
Oil explorer and producer Amerisur Resources has started commercial production from its Platanillo-22 well in Colombia.
Colombia comes calling in Aberdeen
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.
Colombian business delegation to visit Aberdeen tomorrow
Aberdeen and Grampian Chamber of Commerce (AGCC) will welcome a delegation from Barranquilla, Colombia, to the Granite City tomorrow.
Global Energy Development boasts strong balance sheet, on acquisition lookout
Global Energy Development posted a robust financial rap-sheet for the first half of the year.