(AS/COA, 12.Aug.2021) — A new round of negotiations is set to start on Friday, August 13, in Mexico between representatives of the de facto regime of Nicolás Maduro and the interim administration of Juan Guaidó. This is not...
(INEOS Energy, 25.Mar.2021) — INEOS Energy announced an agreement to sell its Oil and Gas business in Norway to PGNiG Upstream Norway AS for a consideration of $615mn. The deal...
(Alimentation Couche-Tard Inc., 7.Feb.2021) — Alimentation Couche-Tard Inc. and its global brand, Circle K, make it official: "Yes, Will Ferrell - Circle K loves Norway and we're ready!" By being...
(Seadrill, 20.Nov.2020) — “Seadrill continues to play its part in establishing a more viable market environment - taking action on scrapping rigs, reducing the cost of operation and support activities,...
(Panasonic, 18.Nov.2020) — The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business...
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said. The strike will...
(Equinor, 8.Sep.2020) — Noble Drilling Norway AS has been awarded a contract for drilling three wells at the Valemon field from the summer of 2021, applying the Noble Lloyd Noble...
(Energy Analytics Institute, 24.Aug.2020) — Neighboring Guyana and Suriname in South America have been well off investor’s radars until recently. The countries are now regular headlines due to offshore crude...
(Energy Analytics Institute, Aaron Simonsky, 7.Apr.2020) — Argentina’s government authorized state oil company YPF to move forward with a transfer of a 50% interest in an offshore exploration permit to...
(Equinor, 6.Apr.2020) — Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico. The...
(S&P Global Platts, 6.Jan.2020) — Brazil sugar and ethanol group Cosan applied for environmental permits to build a second tranche of the Route 4 offshore natural gas export pipeline in...
(Reuters, 26.Nov.2019) — Norway's Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a "hotspot" of its international efforts, the...
(Valaris, 25.Nov.2019) — Valaris plc announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet status report dated October 25,...
(AZP, 13.Nov.2019) — There is a crisis in the energy sector in Trinidad and Tobago. This is the view of former energy minister Kevin Ramnarine after the announcement by Yara...
(Yara, 13.Nov.2019) — Yara regrets to announce the closure of its wholly-owned ammonia plant in Point Lisas, Trinidad. The Yara Trinidad plant is one of three ammonia plants operated by...
(Equinor, 21.Aug.2019) — Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in...
(Renewables Now, 10.Jun.2019) — Norway, through its ministry of climate, has approved the transfer of funds for the construction of 30 MW of solar photovoltaic (PV) farms with energy storage...
(Equinor, 13.May.2019) — Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of...
(World Oil, 20.Mar.2019) — Margaret Øvrum recalls that investment depends on viability, “With a monopoly, you do not get the right price.” Norwegian Equinor (formerly Statoil), the second largest oil...
(Reuters, Corina Pons, Marianna Parraga, 9.Feb.2019) — Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at...
(Oilprice.com, Nick Cunningham, 27.Dec.2018) — Last Friday, the Guyanese government fell after a no-confidence vote, a move that likely was viewed as an opportune moment of weakness in Caracas. A...
(Reuters, 25.Dec.2018) — Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil...
(Reuters, 24.Dec.2018) — Exxon Mobil and a seismic research company it hired to search for oil off the coast of Guyana declined on Monday to say when they might resume...
(Loop News, 14.Nov.2018) — Minister of Energy and Energy Industries and President of the Gas Exporting Countries Forum, Franklin Khan, said the natural gas industry is forecast to grow within...
(Wall Street Journal, Kejal Vyas and Bradley Olson, 8.Nov.2018) — For nearly a century, Chevron Corp. has weathered dictatorships, coups and nationalization drives to keep pumping oil in Venezuela. But recently,...
(Reuters, Marianna Parraga, David Alire Garcia, 28.Sep.2018) — Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a 14-year decline in output, a...
(WindPowerOffshore, Craig Richard, 28.Sep.2018) — State-owned oil majors Equinor and Petrobras have signed a three-year memorandum of understanding (MoU) to develop the country's offshore wind sector. The two companies have...
(Reuters, 26.Sep.2018) — Norway’s Equinor ASA and Brazil’s Petrobras agreed to jointly seek out offshore wind projects together for the next three years, executives from the two companies said on...
(Reuters, 5.Sep.2018) — Norway’s Equinor ASA said on Wednesday it would begin drilling in Brazil's North Carcara oil field in the offshore Santos basin in 2018, after obtaining environmental permits....
(Argus, 9.Aug.2018) – Venezuela's state-owned PdV and its joint ventures fell short of officially targeted crude production by more than 125,000 b/d in July, according to an internal PdV upstream...
[caption id="attachment_2762" align="alignnone" width="1484"] Oil pumpjacks are seen in Venezuela in May. (Isaac Urrutia/Reuters)[/caption] (Washington Post, Megan McArdle, 27.Jul.2018) – According to the International Monetary Fund, by the end of...
(Reuters, Luc Cohen, 15.Jun.2018) – Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to...
(Exxon Mobil, 13.Jul.2017) – Exxon Mobil Corporation announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract for Block...
(Wood Group, 28.Jun.2016) – Wood Group was awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding (owned by Statoil and partner...
(Energy Analytics Institute, Jared Yamin, 6.Jun.2016) – Ricardo Darré will assume the position of CEO at YPF on July 1, 2016, taking over the helm from the interim CEO. Darré...
(Statoil, 15.Feb.2016) — Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in...
(Statoil ASA, 22.Sep.2015) – Norway's Statoil ASA, on behalf of the Peregrino license partners, has been awarding a contract to Wood Group to provide 4-year operations and maintenance for 2...
(Subsea 7 S.A., 14.Apr.2015) – Norway's Subsea 7 S.A. was awarded a contract worth approximately $200 million with a duration of approximately 2-years. “This new contract for Seven Seas maintains...