Latest News for: Offshore exploration


Unattractive fiscals stunt more than half of Nigeria’s oil blocs

Business Day Online 12 May 2021
Some stakeholders say the failure of the Nigerian government to quickly review fiscal policies governing oil exploration of oil in deep, offshore waters is costing the country a loss in oil revenue amounting to trillions of Naira.

Guyana to launch bidding rounds for oil blocks by early 2022

Petroleum World 12 May 2021
Guyana is changing how it concludes agreements with international oil companies for hydrocarbon exploration and will launch bidding rounds for offshore and onshore acreage, the South American country's president Irfaan Ali said ... Both the Canje and Kaieteur blocks are still in the exploration stage.

Oil and gas industry fights Morrison government levy of up to $1bn to decommission rig

The Guardian 12 May 2021
Federal budget revealed plans to levy industry to decommission Northern Endeavour in the Timor Sea and remediate associated oilfields ...

Climate activists launch legal challenge against government over North Sea oil and gas support

The Independent 12 May 2021
In March, green groups were left bitterly disappointed when the government refused to rule out the possibility of new offshore fossil fuel exploration in the North Sea, setting it apart from other countries such as Denmark ... .

Gov. Edwards Travels to Washington, D.C., to Testify on Offshore Oil and Gas Exploration, Climate Change

Natchitoches Times 11 May 2021
“An abrupt and prolonged major reduction to federal offshore oil and gas exploration and production would devastate Louisiana’s economy, but our state absolutely cannot turn a blind eye to the ways that climate change and sea level rise threaten Louisiana,” Gov.

Western Region will reap oil, gas benefits - Energy Minister

Graphic 11 May 2021
Along the coasts, especially in the Western Region, he said there was an increase in exploration activities in the country’s offshore basin, which had resulted in the competition for space among various users of the sea ... The situation, he said, was not healthy since the offshore oil and gas space remained a restricted area and must be respected.

Carnarvon set to drill Buffalo well in fourth quarter of 2021

Offshore Energy Today 11 May 2021
Australian oil exploration company Carnarvon Petroleum has decided that the drilling of the Buffalo-10 well offshore Timor-Leste would occur in the fourth quarter of 2021. The post Carnarvon set to.. ... .

Gov. John Bel Edwards to testify before U.S. Senate on offshore oil exploration, climate change

The Advocate 11 May 2021
“An abrupt and prolonged major reduction to federal offshore oil and gas exploration and production would devastate Louisiana’s economy, but our state absolutely cannot turn ...

ABS Completes Landmark Decarbonization and Digitalization JDP with HHI and HGS

Hellenic Shipping News Worldwide 11 May 2021
... exploring decarbonization and digitalization in the marine and offshore industries.

Why opening up Aramco’s upstream assets to global partners could lead to long term gains

The National 10 May 2021
Shell, ExxonMobil and others were invited to lengthy negotiations, but eventually all that transpired were some smaller gas exploration ventures in the Rub’ Al Khali desert, which did not lead to commercial production ... The Gulf offshore, the northern borders and the Red Sea all have potential for new exploration.

Kosmos Energy Announces First Quarter 2021 Results

The Marshall News Messenger 10 May 2021
In those ten years, Kosmos has evolved from a frontier explorer to a full-cycle E&P with a diverse reserve base that has increased nearly seven-fold, building the platform for continued success over the next ten years ... Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins.

Why ISIS operates like a venture capital firm

Business Insider 09 May 2021
A mural with the ISIS logo in a tunnel reportedly used as a training centre by the group, on the southern outskirts of Mosul in Iraq, March 1, 2017 ... See more stories on Insider's business page ... Reuters ... It forced the suspension of French oil giant Total's $20 billion liquefied natural gas project and related offshore exploration activities near Palma.

Best Penny Stocks To Buy On Robinhood This Week? 5 To Watch Now

PennyStocks 09 May 2021
Robinhood Penny Stocks To Watch Right Now. One of the most popular platforms for trading penny stocks is Robinhood. There’s really no getting around it ... (NYSE ... The company focuses on deepwater oil and gas exploration with assets in Ghana, Equatorial Guinea, and The Gulf of Mexico. Kosmos also has gas development offshore in Mauritania and Senegal.