Guyana has made progress in building up capacity for serving its offshore fields, but Suriname’s arrival on the scene could offer more scale Guyana and Suriname face challenges building up local capacity for servicing new offshore industries and discussion is emerging about how the two countries might get better results by working more closely together. […]
In the fourth part of our Special Focus on Guyana & Suriname, Upstream examines interest in Suriname’s shallow-water licensing round Apache’s oil discoveries on Block 58 and the Petronas-operated Sloanea-1 find on Block 52 have stimulated interest in a Suriname shallow-water bid round. The eight blocks on offer, extending from the west of the country, […]
In the first part of our Special Focus on Guyana & Suriname, Upstream looks at how ExxonMobil is planning a busy year of wildcatting in the region The Guyana-Suriname basin has become a global hot spot for oil exploration and production since US supermajor ExxonMobil opened up the play in May 2015 with the Liza […]
Atlantic Canada is committed to expanding relationships with Colombian stakeholders as part of the ongoing oil and gas sector program and has arranged a series of online events to enable continued engagement with key partners. Noia members are invited to take part in the program which consists of webinars and virtual visits to provide Colombian […]
Stena Forth will be the company’s fourth drillship to be equipped with a managed pressure drilling system Aberdeen-based driller Stena Drilling has unveiled plans to upgrade a fourth drillship in its fleet with a managed pressure drilling (MPD) system. Stena confirmed it purchased an MPD kit for the Stena Forth, which is currently drilling the […]
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) continues its enhanced oversight of plans and procedures that have been put in place by operators to respond to the risks of COVID-19 and protect the health of offshore workers. At the time of issuance of this update, no worker in the Canada-Newfoundland and Labrador Offshore Area […]
Norwegian authorities have approved Equinor’s revised plan for development and operation (PDO) for partial electrification of the Sleipner field center in the North Sea. The field center will be tied to the Utsira High area power from shore solution, and Sleipner is expected to cut emissions by more than 150,000 tonnes of CO₂ per year, […]
Please Check Against Delivery Good morning Mr. Chairman and committee members. Thank you for the opportunity to address the committee. My name is Charlene Johnson, and I am the CEO of the Newfoundland and Labrador Oil and Gas Industries Association, more commonly known as Noia. Our association represents member companies who are involved in the […]
Calgary company posted $113M profit in the fourth quarter of 2019 Cenovus Energy Inc. reported a loss in the final quarter of 2020 compared with a profit a year earlier. The company says it lost $153 million or 12 cents per share for the quarter ended Dec. 31 compared with a profit of $113 million […]
Orphan basin drilling postponed to at least 2023, although CNOOC on track to spud Pelles probe this year UK supermajor BP and Australian conglomerate BHP have delayed plans to drill key exploration wells in the frontier Orphan basin offshore Newfoundland & Labrador (NL), Canada next year, while US giant Chevron and Norway’s Equinor consider their […]
