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Year: 2021

Vard Electro to Install Hybrid Battery on Atlantic Towing’s Platform Supplier

Marine electrical systems supplier Vard Electro will equip Atlantic Towing’s platform supply vessel Atlantic Shrike with a hybrid battery power system. “Atlantic Towing is the first company to implement this multiple mode application of battery technologies on a single vessel in the Canadian offshore oil and gas industry,” Vard Electro said. Atlantic Towing has received […

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Exxon technology, carbon tax could pave a low-carbon path for Guyana’s oil and gas sector

Co-Director of Energy Practice at America’s Market Intelligence (AMI), Arthur Deakin believes new oil producer Guyana could pave a low carbon path for its oil and gas sector with the help of ExxonMobil’s carbon-capturing utilizing and storage technology (CCUS), and implementation of a carbon tax. In one of Deakin’s recent commentaries titled, “A two-fold approach […]

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CGX Energy begins drilling operations at Kawa-1

CGX Energy Inc. has commenced drilling operations at the Kawa-1 prospect on the Corentyne block located approximately 90 nautical miles (167 kilometers) offshore Guyana. Kawa-1 is expected to be drilled to a depth of around 6,500 metres in water depth of approximately 370m. The exploration campaign is being carried out by the Maersk Discoverer rig […]

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PGS, TGS Kick Off 3D Survey Offshore Canada

Norwegian offshore seismic data firms TGS and PGS have partnered up and started the second phase of a multi-client survey offshore East Canada. The project, called Lewis Hills 3D multi-client phase 2, includes the acquisition of 947 square kilometers of additional 3D data, tying into the existing project’s 2,811 square kilometers to create one contiguous […]

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ExxonMobil eyes exciting Canadian wildcat plan for 2022

US giant wants to drill Hampden exploration well in prolific Flemish Pass basin next summer ExxonMobil is on the hunt for a semi-submersible to complete the drilling of a deepwater wildcat offshore eastern Canada that was originally spudded last year. The decision by the US supermajor to revive drilling in the prolific Flemish Pass basin […]

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Green light for Equinor’s $2.2 billion project in North Sea

Equinor’s plan for development and operation (PDO) of the Breidablikk field in the North Sea has been approved by Norwegian authorities. Equinor and its partners Petoro, Vår Energi, and ConocoPhillips Skandinavia submitted the development plans for the area to the authorities in September 2020. The estimated recovery from the field is around 200 million barrels […]

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