Sponsorship Opportunities Sponsorships are the fastest growing form of marketing. This is particularly true in the niche conference arena, due to its qualitative nature. GOBS offers many unique opportunities to broaden your competitive advantage with this in mind. Companies are often looking for ways to improve how they're perceived by their target audience. Sponsoring events that appeal to... Continue Reading →
Rystad: Equinor’s mega offshore wind project gives hope to deflated service industry
Equinor’s big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said on Tuesday following a recent announcement that Equinor will work on the world’s largest offshore wind farm development, which is located in the UK North Sea. The offshore wind project Dogger Bank in the UK North Sea will... Continue Reading →
GeoPark Announces New Oil Field Discovery Along Western Fault Trend in Llanos 34 Block in Colombia
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, today announced the discovery of the new Guaco oil field in the Llanos 34 block (GeoPark operated, 45% WI) in Colombia. GeoPark... Continue Reading →
Oil industry’s future may rest on climate debate over natural gas
Championed by Big Oil as the fastest way to reduce emissions and reviled by environmentalists who say the world needs to ditch all fossil fuels -- the debate over natural gas may be one of the controversial aspects of climate change. The arguments will get an airing as politicians, activists and business leaders gather for... Continue Reading →
Halliburton introduces new electro-mechanical downhole cutting technology
Halliburton announced an asset acquisition of a new portfolio of electro-mechanical downhole cutting tools and tubing punches from Westerton (UK) Ltd. These services provide operators with a safe and reliable alternative to traditional pipe recovery and intervention across the well lifecycle from exploration to abandonment. The electro-mechanical downhole cutting portfolio includes single and rotating blade... Continue Reading →
OPT Inks Two New Contracts with Enel Chile
Ocean Power Technologies has signed two new contracts with Enel Green Power Chile (EGP), a subsidiary of Enel Chile, part of the Enel Group, for the sale of a PB3 PowerBuoy and the development and supply of an integrated Open Sea Lab. The combined value of the contracts exceeds US$1.9 million, and represents OPT’s first... Continue Reading →
CGX hires PGS for Corentyne survey, defers rig contract
Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up due to the re-sequencing of commitments in the Corentyne Block. CGX Energy said on Monday that,... Continue Reading →
Petrobras reports on event at P-50
September 23, 2019 Petróleo Brasileiro S.A. – Petrobras reports that platform P-50, located in the Campos Basin, in the Albacora Leste field, had its production preemptively halted on Sunday night, due to the disruption of the mooring of the anchor system. Anchored by another 15 moorings, the platform is stable and safe, offering no risk... Continue Reading →
Total expects to reach 1GW renewable capacity in Brazil within 10 years
September 23, 2019 Total Eren, the renewable energy arm of the French oil giant Total, expects to reach 1 GW of installed capacity in Brazil in up to ten years, compared to about 140 MW today, said Total E&P's president Philippe Blanchard. "We have the ambition to reach 1 GW here in Brazil in five... Continue Reading →
Petrobras looks at opportunities to become a gas exporter
Sept 23, 2019 Petrobras looks at opportunities to become a gas exporter, says Petrobras' institutional relations director Roberto Ardenghy, the company sees potential to become a liquefied natural gas (LNG) exporter in the future. Today, Brazil is an importer of this product. The executive stressed that the state-owned company expects a “very large” increase in production... Continue Reading →