Search results for: Bahamas

740 results

A list of search results

  • 15 March 2019
    Project & Tenders

    London-listed oil company Bahamas Petroleum Company (BPC) is confident it will soon find a farm-in partner for its offshore acreage in the Bahamas, where it has an obligation to drill an exploration well.

  • 10 October 2019
    Exploration & Production

    Bahamas Petroleum Company is working on finalizing a long-form rig contract with Seadrill and preparing for drilling in The Bahamas in 2020.

  • 22 February 2019

    Government of The Bahamas has awarded an extension of the second exploration period on four offshore licenses to Bahamas Petroleum Company (BPC).

  • 1 March 2019
    Business & Finance

    Bahamas Petroleum, a London-listed oil company with offshore blocks in the Bahamas, on Thursday released a stock exchange filing titled “re: media speculation.”

  • 3 May 2018
    Business & Finance

    BPC has entered into a confidentiality and exclusivity agreement with a “major international oil company” to conclude a detailed technical evaluation of the company’s licenses offshore The Bahamas.

  • 3 May 2017
    Business & Finance

    Miami-based cruise company Carnival Cruise Line has signed an agreement with the Bahamian government for the construction of a new cruise port facility to be funded and operated by Carnival Cruise Line on Grand Bahama Island. The as-yet-unnamed planned port will be the largest purpose-built cruise facility ever constructed in The Bahamas, according to the cruise […]

  • 18 September 2017

    Bahamas Petroleum is making progress with the farm-out talks for its southern licenses offshore the Bahamas. The company, which in July raised $3.5 million via a placing of shares, has said it has actively continued its efforts to secure a farm-in or other financing. Bahamas Petroleum said it had made progress despite the European summer […]

  • 17 June 2015
    Project & Tenders

    Bahamas Petroleum Company today announced that the Governor-General of The Bahamas has signed the Licence Renewal Addendum for its four southern licences in Bahamian waters. Bahamas Petroleum holds a 100 per cent working interest in four licences in the Southern territorial waters of The Commonwealth of The Bahamas – the Bain, Cooper, Donaldson and Eneas […]

  • 3 April 2012
    Business & Finance

    Bahamas Petroleum announces the appointment of a Non-Executive Director to the board of the Company. Ross McDonald is based in The Bahamas and will join the Board with immediate effect. Dursley Stott, a current non-executive Director, has informed the Board that for personal reasons he wishes to stand down from his position at the end […]

  • 10 September 2012
    Business & Finance, Operations & Maintenance

    Bahamas Petroleum announces that, following the recent general election in the Bahamas, it has received written confirmation from The Government of The Bahamas (the “Government”) regarding its existing licences on 7 September 2012. The Company has been notified that it is, and has been, in full compliance with the terms of the signed oil exploration […]

  • 14 December 2006

    With The Bahamas just recently signing on to two International Labour Organization Conventions, maritime industry professionals were assured on Wednesday that The Bahamas would continue to sign on to these conventions, which would help improve the standards of the maritime industry in The Bahamas.

  • 19 April 2013
    Business & Finance

    Following a six-year acquisition program, the Government of the Bahamas has announced the signing of a Letter of Intent to acquire 9 vessels for the Royal Bahamas Defence Force. The contract has been placed with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. In announcing the contract, the Minister of National Security, the Hon. Dr. […]

  • 1 April 2011
    Business & Finance

      Bahamas Petroleum Company PLC, the oil and gas exploration company with licences in The Bahamas, announced that it has signed a Letter of Award with CGGVeritas to carry out a minimum of 1500 km2 3D seismic survey across its Southern licence area. The details of the contract are to be finalised in April 2011 […]

  • 20 November 2019
    Project & Tenders

    Bahamas Petroleum Company (BPC) has finalized an agreement with Baker Hughes for the provision of equipment for its first exploration well in The Bahamas in 2020. However, the company is still working to secure the financing and finalize a rig contract with Seadrill.

  • 19 April 2013

    Following a six-year acquisition program, the Government of the Bahamas has announced the signing of a Letter of Intent to acquire 9 vessels for the Royal Bahamas Defence Force. The contract has been placed with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. In announcing the contract, the Minister of National Security, the Hon. Dr. […]

  • 13 March 2020
    Project & Tenders

    Bahamas Petroleum Company has decided to postpone the drilling of the Perseverance #1 well due to the ‘rapidly unfolding impact’ that the coronavirus is having on operations.

  • 1 April 2011
    Business & Finance

      Bahamas Petroleum Company PLC, the oil and gas exploration company with licences in The Bahamas, announces that it has signed a Letter of Award with CGGVeritas to carry out a minimum of 1500 km2 3D seismic survey across its Southern licence area. The details of the contract are to be finalised in April 2011 […]

  • 14 November 2014
    Business & Finance

    Over the next few months, multiple civil and marine works are scheduled to take place at the Coral Harbour, announced today the Royal Bahamas Defense Force. These works will hinder vessels passing through the Coral Harbour waterways, particularly in the area of the Royal Bahamas Defense Force Base. The key subcontractor to the Royal Bahamas Defense Force […]

  • 24 May 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has signed a contract with Fugro N.V. (“Fugro”) to undertake a high resolution seabed survey on the Company’s licence area. The survey will begin in early June; will take approximately six weeks to complete; […]

  • 24 May 2011
    Business & Finance

    Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has signed a contract with Fugro N.V. (“Fugro”) to undertake a high resolution seabed survey on the Company’s licence area. The survey will begin in early June; will take approximately six weeks to complete; […]

  • 13 September 2011
    Business & Finance, Operations & Maintenance

      Further to Bahamas Petroleum’s statement of 5 September 2011, the board of Bahamas Petroleum  announce the formal appointment of Simon Potter as Chief Executive Officer of the Company with effect from 17 October 2011. The Board also regrets to announce that Alan Burns, Founder and Chairman of Bahamas Petroleum, is to step down as […]

  • 30 January 2020
    Project & Tenders

    London-listed oil company Bahamas Petroleum Company (BPC) expects to drill its initial exploration well in The Bahamas in April 2020.