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Tuesday, January 16, 2018

LATEST ARTICLES

Exxon hits hydrocarbons in Papua New Guinea

ExxonMobil announced on Monday that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea. “We...

Need for pipe yards, fabrication and fuel supply facilities in Guyana increases with Liza...

When the proposed Liza Phase 2 development project comes on stream in 2022 approximately 120 miles offshore Guyana, the need for a number of...

Shell advances Penguins redevelopment

(Offshore Engineer) Shell will go ahead with its Penguins fields redevelopment in the UK North Sea in what will be its first new manned...

TIGI signing bonus court case against Guyana Gov’t hits ‘snag’

Litigation brought against the Guyana Government by anti-corruption watchdog agency Transparency Initiative Guyana Inc. over the US$18 million signing bonus it received from ExxonMobil...

Total closes $1.95bn Brazil pre-salt deal with Petrobras

Brazilian oil and gas corporation Petrobras and international oil major Total announced Monday that they have reached a milestone in the realization of their...

Tullow Oil tiptoes back into exploration

(Reuters) - Tullow Oil is cautiously reviving its search for new oil and gas resources in Africa and Latin America, its chief executive said,...

Maduro urges Latin American states to join oil & gold-backed cryptocurrency project

(RT) Venezuela’s leader Nicolas Maduro has invited members of the regional ALBA-TCP bloc to join him in launching a new cryptocurrency. Named petro, the...

China’s CNPC looking for new gas sources in Myanmar

(Reuters) A subsidiary of China National Petroleum Corp. (CNPC), the country’s largest oil producer, is looking for new sources of natural gas in Myanmar...

Conservation Int’l urges Guyana to use oil resources to fund ‘Green State Strategy’

Guyana is being urged to use revenue that will be earned from oil production to fund the realization of its ‘Green State Development Strategy’...

Shell Brazil CEO optimistic about Brazil’s E&P future

(Hart Energy) For Royal Dutch Shell, 2017 was a good year in terms of E&P activities in Brazil. Ranking as the second largest oil-producing...

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