Latest Stories
Barbados prepares to offer all 22 open offshore blocks to investors in licensing round
Barbados will offer all 22 available blocks in its offshore zone to international oil companies in a bidding round in the fourth quarter of this year.
Bank of Guyana working with local insurers to form consortium for oil spill coverage
The Bank of Guyana has confirmed that it is working with local insurance companies to help establish a consortium to provide coverage for the government in the event of a crude spill at the Stabroek offshore block.
BPCL expects Mozambique LNG to resume work in H1-2023
The Mozambique LNG consortium is likely to resume activity in the first half of 2023, according to India’s Bharat Petroleum Corp. Ltd (BPCL), a non-operating shareholder in the French-led group.
Brazil’s energy minister criticises Lula’s opposition to Petrobras sell-off
Brazil’s Minister of Mines and Energy Adolfo Sachsida has criticised Luiz Inacio Lula da Silva, the top-polling candidate in the upcoming presidential election, for his call to keep Petrobras under government ownership.
Nigeria receives €100mn credit line for green investments
Recent finds at Stabroek make Orinduik more attractive, analyst says
ExxonMobil’s most recent finds at the Stabroek block offshore Guyana are good news for Tullow Oil, the operator of the neighbouring Orinduik block, according to an analyst for the UK consultancy Align Research.
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