BW Offshore chosen as preferred bidder for Canada’s first deepwater oil project
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred…
Talos Reveals ‘Successful’ Oil Drilling Results in GoA
Talos Energy Inc. revealed successful drilling results at the Daenerys exploration prospect in the Gulf of America, Houston-based…
ExxonMobil Raises Guyana Oil Capacity To 900,000 Barrels Per Day
Photo of the ONE GUYANA FPSO in use at the Yellowtail deepwater field by ExxonMobil and its Consortium…
Petronas seeking $1 billion for Brazil oil field stake sale, sources say
(Bloomberg) — Malaysia’s Petroliam Nasional Berhad is working with Bank of America Corp. to sell its…
Brazil, Guyana, Argentina Fuel a New Oil Boom
At the recent gathering of BRICS nations in Brazil, the members’ joint statement contained an interesting assertion. BRICS…
MARAD Receives Proposal for Floating Offshore LNG Export Terminal off Texas
With the rush to expand the U.S. LNG export business and strong support from the Trump administration…
LNG Canada Ships First Cargo in Tanker Headed to South Korea
LNG Canada shipped its first cargo on June 30, marking the country’s first concrete sale in the LNG…
Lula’s Brazil Doubles Down on Oil and Cash
A new offshore oil auction in the Amazon, a major investment in refinery expansion, and an attempt to…
Turkey Finds 75 Bcm of NatGas in Black Sea
Turkey announced it has discovered 75 Bcm of natural gas reserves in the western Black Sea at an…
Shell’s Deepwater Dreams Hit Delay in the Gulf
Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran…
The Future Remains Bright for Offshore Oil and Gas, Rystad Says
In a rapidly changing landscape, offshore production continues to play a role that is fundamental to the global…
Examining the Gulf’s economic recovery
WELL, TODAY MARKS 15 YEARS SINCE ONE OF THE WORST NATURAL DISASTERS IN OUR NATION’S HISTORY. ON APRIL…