News

10 or more FPSOs cannot eclipse Guyana’s carbon capture service – Environmental Economist

Senior Director for Climate and REDD+ at Guyana’s Ministry of Natural Resources, Pradeepa Bholanath has clarified that even if Guyana has 10 FPSOs operating offshore, as well as the landmark gas-to-energy project on stream, their emissions can in no...

Exxon, other firms secure injunctions to stop climate protests in United Kingdom

(Reuters) - Three firms involved in Britain's oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Friday. Environmental groups such as Extinction Rebellion and...

Exxon wrapping up 4D Seismic operations at Stabroek Block

ExxonMobil will soon conclude 4D seismic surveying operations at the 6.6 million acres Stabroek Block offshore Guyana. The seismic equipment recovery will incorporate the use of the MV Thor Alpha, MV Thor Freyja and SV Ramform Tethys.   The Maritime Administration...

Nigeria eyes early 2023 for first gas from US$2.8 billion pipeline project

A US$2.8 billion natural gas pipeline project in Nigeria will deliver first gas in the first quarter of 2023, authorities heard during a visit last Thursday to the ongoing construction. Leading this inspection of the Ajaokuta-Kaduna-Kano (AKK) project was chief...

World’s largest passenger airplane completes flight on cooking oil fuel supplied by TotalEnergies

The Airbus A380, the world's largest passenger airliner, completed a three-hour trial flight from Blagnac Airport in Toulouse -- Airbus' French headquarters -- on 25 March. The flight was powered by Sustainable Aviation Fuel, or SAF -- predominantly made...

Economist says Ghana, Trinidad offer lessons in avoiding oversupply from Guyana’s landmark gas project

Guyana is being encouraged to take several key steps in order to ensure the success of its landmark gas-to-energy project which is set to cut the cost of power in half and deliver significant benefits to the new oil...

Haliburton unveils new precision drilling technology

Halliburton has introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualisation to maximize well contact with the reservoir and improve real-time reserves evaluation. Unveiled on Tuesday, Haliburton explained that regardless of the complexity of a reservoir, wells accurately...

Shell, TotalEnergies win big in Brazil’s offshore block auction

Royal Dutch Shell and TotalEnergies scored big at a fresh Brazil bid round on Wednesday, securing six and two offshore exploration blocks respectively, in the country’s Santos basin. The public bidding session of the 3rd Cycle of the Open Acreage...

Three of world’s biggest emitters don’t plan on being net-zero by 2050

Last year, the International Energy Agency (IEA) produced a Net Zero by 2050 Roadmap discussing its comprehensive study of how to transition to a global net zero energy system by 2050, while providing universal energy access and robust economic...

Saipem heavy lift crane ship damaged after tilting in Norway

The giant Saipem 7000 heavy lift crane vessel partially capsized on Thursday during a lifting incident in a fjord in Norway. Reports from the Norwegian Maritime Directorate suggest that all 275 crew members were rescued; no injuries were sustained. Norwegian Media...

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Hess says exploration planned this year for Suriname blocks at Guyana border

Hess Corporation said exploration activities are planned this year for two Suriname blocks in which it holds stakes -...