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Calgary-based Colombia producers Canacol Energy and Parex Resources led all firms by gaining three blocks each, with one more counteroffer from Parex pending review.
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Companies should disclose instances of cyber-enabled intellectual property theft. Disclosure requirements would give companies greater incentives to protect their intellectual property and allow investors to make better-informed decisions.
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Bahri, Saudi Arabia's national shipping carrier, is looking into chartering as many as 12 LNG tankers starting in 2025, according to a new Reuters report. The EOI may be part of Saudi Aramco's expansion into LNG trading.
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DeepOcean has agreed to a contract with Equinor to provide subsea inspection, maintenance, and repair (IMR) services offshore Norway. The contract, which will last up to 9 months, includes use of the Normand Ocean vessel for offshore work. The work primarily involves subsea ROV operations covering IMR activities for Equinor’s assets on the Norwegian Continental Shelf,…
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The organization said the new standard, which focuses on air safety and data protection, is the first step in a wider move to promote the use of drones within a framework of approved regulatory compliance.
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According to a new report from the EIA, the volume of natural gas reported as flared reached its highest average annual level in 2018, 1.28 Bcf/D. With production soaring in the Bakken, Permian, and Eagle Ford plays, North Dakota and Texas accounted for more than 80% of that total.
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This year marks the 100th anniversary of the invention of the hard hat, one of the most recognizable pieces of safety equipment in the world.
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The American Petroleum Institute has published a significantly updated version of a key safety standard aimed at enhancing the oil and natural gas industry’s commitment to worker safety, incident prevention, and environmental protection in offshore operations.
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The African Energy Chamber is pushing African OPEC and non-OPEC members to commit to a declaration of cooperation and work to ensure compliance.
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The Eni-operated project will be the first FLNG vessel deployed in a deepwater field offshore the African continent upon its projected 2022 startup. Samsung Heavy Industries completed the operation at its shipyard in Geoje, South Korea.
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Greenpeace has been banned from carrying out climate protests on North Sea oil rigs after the oil giant Shell won a Scottish court order.
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Pirates boarded a fully loaded supertanker off the coast of Nigeria, an act that is sure to ring alarm bells for insurers about the risk of collecting oil from Africa’s biggest producer.
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