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Guyana and Suriname: the new offshore oil frontiers
15 Jul 2025 22:52 GMT
Meanwhile, spending in Suriname is soaring, with TotalEnergies, Shell, Chevron and Petronas all making plays. Total recoverable resources in Suriname are 2.2Bn boe, which Rystad Energy said ranks second among emerging exploration areas only to Namibia. …
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DOE opens oil reserves to ease Exxon refinery crunch
15 Jul 2025 08:35 GMT
… ’s stockpile to an Exxon Mobil refinery in Louisiana. … — is intended help Exxon deal with offshore oil supply issues. A … person familiar with the situation said Exxon … zinc contamination.
DOE said Exxon would eventually give more …
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Hess Withdraws From Suriname Offshore Oil Block, Ending Exploration Effort
09 Jul 2025 16:50 GMT
… companies.
The retreat comes after ExxonMobil and Equinor (formerly Statoil), original … ambition to become a major offshore oil player—especially following discoveries in …
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Hess announces withdrawal from Suriname’s offshore oil block
09 Jul 2025 16:25 GMT
Staatsolie, Suriname’s state-owned oil and energy company, has confirmed that Hess, the US-based oil and gas company, has decided to relinquish its interest in Block 59 offshore Suriname.
“Hess has fulfilled its minimum work …
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Staatsolie Takes Back Offshore Oil Block in Suriname as Hess Exits
09 Jul 2025 12:39 GMT
Jul 9, 2025
© Ranimiro / Adobe Stock
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.
…
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ExxonMobil Finds New Gas Deposit Off Cyprus
10 Jul 2025 03:41 GMT
ExxonMobil and Qatar Energy have hit … ; strong portfolio of offshore gas prospects for possible export development.
Exxon';s Pegasus … 6,000 feet of water. Exxon said only that further assessment …
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Egypt Settles $1 Billion in Arrears to Int'l Oil Companies
16 Jul 2025 23:14 GMT
… , especially in the country’s offshore gas fields and oil reserves.
Foreign … , oil companies such as BP, ExxonMobil, and Shell have expressed concerns …
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AI Could Help Decarbonize the Grid. It’s Already Helping Find More Oil.
16 Jul 2025 22:58 GMT
… in the world — including ExxonMobil, Chevron, and Shell — … things like fracking and offshore drilling to stay competitive,” Will … Microsoft’s deal with Exxon plus another contract with … companies I contacted — Chevron, Exxon, Shell, and BP — replied …
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Brazil, Guyana shape shuttle tanker outlook
16 Jul 2025 18:21 GMT
Brazil’s offshore oil production continues to underpin growth … production has grown exponentially since ExxonMobil began offshore developments. Output reached … framework,” said Mr Chalhoub, adding ExxonMobil effectively runs operations on behalf …
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As Brazil expands oil, COP30 head urges rich nations to phase out fossil fuels first
16 Jul 2025 18:00 GMT
… , BRAZIL — As Brazil ramps up offshore oil exploration at the mouth of … to multinational corporations, including Chevron, ExxonMobil and China’s CNPC. More …