(Reuters) - A federal judge in the Brazilian state of Amazonas issued an injunction on Thursday ordering the suspension of the billion-dollar auctions of pre-salt oil and gas rights scheduled for Friday.
The injunction was sought by the leftist Workers...
(Chron) The world's largest offshore services company, TechnipFMC, reported that its revenues grew from the previous quarter, but the deepwater sector remains mired in a downturn.
CEO Doug Pferdehirt said he sees the early signs of a recovery continuing into 2018...
Hess Corporation (NYSE: HES) announced on Monday several additional steps in what the company says is the continued execution of its strategic plan to further focus its portfolio and allocate capital to higher return assets:
An agreement to sell its...
Theophilus Nyamko Ahwireng, former Chief Executive Officer of the National Petroleum Commission of Ghana delivered a well-received presentation on resource management, governance and sustainable development of the oil and gas sector to a packed audience in Georgetown, Guyana, on Monday.
The...
There is a television drama series with a catchy title –This Is Us! and it struck me that as Guyanese we have peculiar traits that define us and make us standout especially how we react to different situations. I...
The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio Muni. The...
(Reuters) - The world’s top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market...
(ABC) The search for a missing Louisiana worker was suspended Monday evening after he was unaccounted for following an explosion on a large oil rig Sunday night.
The Kenner Police Department said it fielded a flurry of 911 calls at 7:18 p.m....
Australian engineering firm WorleyParsons Ltd (WOR.AX) said on Monday it would buy the former upstream oil and gas assets of Britain’s Amec Foster Wheeler Plc AMFW.L for 228 million pounds ($298.22 million), marking its entry into the UK North...
I admit that during my tenure as Minister of Natural Resources one of my main preoccupations was speeding up the exploration campaign of Guyana’s hydrocarbon basin with the aim of timely extraction and production once commercial discoveries were proven.
But...