Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. “This award results from the final investment decision of [BOE Exploration & Production LLC (“BOE”)] and the Shenandoah working [&helli
Head of Newfoundland & Labrador Oil & Gas Industries Association demands answers in letter to leaders of five major parties The biggest oil and gas lobby group in Newfoundland & Labrador has written to the leaders of all Canada’s main political parties ahead of net month’s snap election asking how they will support the offshore […]
One of the key highlights of Noia’s annual conference is always the incredible keynote luncheon speakers, and this year is no exception. For conference 2021 we are pleased to have Chris Slubicki, former President, Chief Executive Officer, & Director of Modern Resources Inc. and Bethany Downer, Chief Communications Officer, Hubble Space Telescope and Director of […]
The Kawa-1 exploration well, located on the Corentyne block offshore Guyana, has been spud, using the Maersk Discoverer semi-submersible rig. The Kawa-1 well is located on the Corentyne Block where CGX Energy is the operator and Frontera Energy is its partner. CGX Energy is a Frontera majority-owned subsidiary and its joint venture partner in the […]
Canada is successfully walking the tightrope in energy transition, with renewable power and carbon-capture projects while still investing in and developing its ample oil and natural gas resources, from the Alberta oil sands to offshore Newfoundland and Labrador, Canadian officials said Aug. 17. “We want to secure a strong North American energy supply,” said Rachel […]
Producing lower-carbon barrels of oil and gas is a key decarbonisation focus for UK major BP and Norwegian energy company Equinor. Representatives from the two companies spoke on Wednesday during a joint session on energy transition at the Offshore Technology Conference and the NAPE Summit in Houston. BP is well into realising its vision of […]
Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now in its draft stage, the South American nation’s vice president said on Tuesday. The tiny country has become one of the most desired oil exploration hot spots after […]
Noia’s Annual Oil & Gas Conference is fast approaching, and we are excited to host this long-overdue, in-person event once again. Due to public health guidelines, delegates will be assigned seating on a first-come, first-served basis. For this reason, we strongly suggest purchasing your tickets early. Conference 2021 will kick off on Tuesday, September 21st […]
Over 100 exploration wells are expected to be drilled in South America outside Brazil over the next 5 years and Norway-based Rystad Energy has said most of the action could be found off the northern shelf of the continent where some of the deepest wells are located. The regions of Guyana, French Guiana, Suriname, Trinidad […]
Brazil alone is expected to contribute around 23% or 1.3 million barrels per day (mmbd) of global offshore crude oil and condensate production in 2025 from key planned and announced projects (new-build projects) that are expected to start operations between 2021 to 2025, according to GlobalData, a leading data and analytics company. The company’s report, […]
