3678 results found for 'cgx'

3678 results found for 'cgx'
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  • CMA CGM, Port of Koper to create automotive logistics JV

    21 October 2025
    Infrastructure, Ports & Logistics

    French shipping and logistics giant CMA CGM Group and the Slovenian Port of Koper have signed a declaration for the establishment of a joint venture (JV) for complementary services in the field of automotive logistics

  • CMA CGM strengthens LNG-powered fleet with latest newbuild

    20 October 2025
    Business Developments & Projects, Vessels

    French shipping colossal CMA CGM has marked the delivery of its newest container vessel powered by liquefied natural gas (LNG) as complete. As disclosed in a social media post, the CMA CGM Syracuse’s formal entrance to the Marseille-based maritime transport company’s fleet was officiated in South Korea on October 16. The ceremony was reportedly held […]

  • European maritime and nuclear players ink strategic cooperation agreement

    6 November 2025
    Business Developments & Projects, Collaboration, Environment, Safety, Transition

    France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration of Cooperation for Accelerating Nuclear for Maritime Applications to meet Climate Ambitions”, the agreement was […]

  • South Korean and US ports formalize green shipping corridor agreement

    7 November 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Transition

    South Korea’s Busan Port Authority (BPA) and the Ulsan Port Authority and the United States’ Northwest Seaport Alliance (NWSA), the Port of Tacoma (PoT) and the Port of Seattle have penned a formal agreement aiming to strengthen efforts in establishing a green shipping corridor. As officials from environmental organization Pacific Environment have shared, the NWSA […]

  • CMA CGM’s newest methanol dual-fuel boxship christened in South Korea

    15 October 2025
    Business Developments & Projects, Vessels

    France-based maritime transport heavyweight CMA CGM has held a naming ceremony for its brand-new dual-fuel container vessel powered by methanol. According to the company’s social media post, the 13,000 TEU vessel was formally christened CMA CGM Helium at a yard in South Korea. The newbuilding—which is part of a 12-unit strong order—was constructed by South […]

  • CMA CGM books 6-unit-strong LNG-fueled fleet in India

    15 October 2025

    French shipping and logistics major CMA CGM Group has signed a letter of intent for six LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in India.

  • China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes

    31 October 2025
    Collaboration, Ports & Logistics, Transition

    China and France have put pen to paper on an agreement to establish a green shipping corridor with the aim of accelerating efforts within the maritime decarbonization landscape, French classification society Bureau Veritas (BV) has revealed. As disclosed, the green shipping corridor is envisaged to be set up between China’s Ningbo Zhoushan Port and the […]

  • AD Ports, Nimex Terminals to establish LNG, LPG terminal hubs at Khalifa Port

    5 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    The UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have signed two long-term agreements to establish liquefied natural gas (LNG) and liquefied petroleum gas (LPG) terminal hubs at Khalifa Port.

  • CGX Begins Drilling Offshore Guyana

    13 February 2012
    Business & Finance

    CGX Energy Inc. has commenced with drilling operations at the Eagle-1 well located on the Corentyne Petroleum Prospecting License (“PPL”) offshore Guyana. The Eagle-1 well will be drilled to a depth of 4,250 metres to test the Eocene and Maastrichtian geologic zones. The well is being drilled by the Ocean Saratoga semi-submersible drilling rig owned […]

  • PGS in Guyana Shoot for CGX Energy

    24 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Canadian-based oil and gas exploration company CGX Energy has executed a contract with PGS for a 3D seismic survey of the Corentyne Block offshore Guyana. PGS will provide acquisition and processing of seismic data covering approximately 582 square kilometers of the northern portion of the Corentyne Block. CGX Resources Inc. (CRI), a wholly-owned subsidiary of […]

  • Repsol, CGX settle Guyana case

    1 December 2014
    Business & Finance

    Spanish oil company Repsol has reached a settlement with Canadian CGX Energy over a dispute related to an offshore block located in Guyana. According to a statement by CGX, Repsol has agreed to pay $900.000 to CGX Resources pursuant to the terms of the Georgetown JOA. CGX had earlier started arbitration against Repsol in the London […]

  • CGX gains support from Frontera for drilling costs offshore Guyana

    5 December 2018
    Project & Tenders

    CGX Energy and Frontera Energy have entered into a letter agreement to enable CGX to finance the drilling costs related to two shallow water offshore blocks in Guyana.

  • CGX and Frontera execute Guyana farm-in deal

    4 February 2019

    CGX Energy and Frontera Energy have executed a farm-in joint venture agreement covering CGX’s two shallow water offshore Petroleum Prospecting Licenses in Guyana.F

  • Guyana: CGX, Frontera amend financing and farm-in deals. Drilling schedule unchanged

    11 January 2019
    Business & Finance, Project & Tenders

    CGX and Frontera have amended a letter agreement to extend the time of launch of the equity financing in the amount of approximately $20 million.

  • CGX picks Maersk rig for Guyana well

    22 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Maersk Drilling has been awarded a one-well contract by CGX Resources for the semi-submersible rig Maersk Discoverer for drilling off Guyana.

  • Guyana Issues Two Exploration Licences to CGX

    15 February 2013

    CGX Energy Inc. has announced that the Government of Guyana has issued two new petroleum prospecting licenses, one to CGX Resources Inc., a wholly owned subsidiary of CGX and one to ON Energy Inc. (“ON Energy”), a 62% owned subsidiary of CGX, both effective as of February 12, 2013 and renewable after four years for […]

  • CGX Secures Funds for Guyana-Suriname Basin Exploration

    31 May 2012
    Business & Finance

    Canada’s Pacific Rubiales Energy Corp has agreed to purchase 85,714,285 units of CGX Energy Inc. (“CGX”) at a price of C$0.35 per unit for an aggregate investment of C$30 million. At the same time, the Company has entered into a technical services agreement with CGX whereby Pacific Rubiales will provide technical assistance to CGX in […]

  • Pacific Rubiales Increases Ownership in CGX Energy

    29 April 2013
    Business & Finance

    Pacific Rubiales Energy Corp. has announced the closing of the CGX Energy Inc. private placement financing on April 26, 2013. The Company subscribed for 350 million units (“Units”) at a price of Cdn.$0.10 per Unit for an aggregate price of Cdn.$35 million. Each Unit is comprised of one common share in the capital of CGX and one whole common share […]

  • CGX taps $19 million loan from Frontera for Guyana projects

    19 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Canadian oil and gas companies Frontera Energy and CGX Energy have entered into a term sheet for a $19 million loan that will enable CGX to continue to finance its share of costs related to the Corentyne, Demerara, and Berbice blocks off Guyana.

  • Frontera, CGX push back Guyana drilling by one year

    27 November 2020
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy

    Joint venture partners in the Corentyne block offshore Guyana – Frontera Energy and CGX Energy – have concluded collaborative discussions with the Government of Guyana concerning the rescheduling of the work commitments on the block.

  • CGX Energy hires Rowan rig for Guyana well

    18 December 2018
    Business & Finance, Exploration & Production

    CGX Energy has decided to use one of Rowan-owned jack-up drilling rigs for drilling operations offshore Guyana. 

  • Canada’s Pacific Rubiales to Take Control of CGX Energy

    1 March 2013
    Business & Finance

      Pacific Rubiales Energy Corp,a Canadian company and producer of natural gas and crude oil, announced that it has entered into a binding term sheet with CGX Energy Inc., pursuant to which Pacific Rubiales has agreed to invest Cdn$35,000,000 in CGX at a price of Cdn$0.14 per unit for an aggregate of 250 million units. Ronald Pantin, […]

  • CGX Stops Repsol, RWE Dea Farm-Out Deal in Guyana

    20 January 2014
    Business & Finance

    CGX Energy Inc. announced today that its wholly-owned subsidiary, CGX Resources Inc., obtained an injunction order from the Commercial Court of Guyana restraining Repsol Exploracion, S.A. (“Repsol”) from proceeding with the 30% farm-out of the Kanuku petroleum prospecting license to RWE Dea AG pending the hearing and determination of the arbitration proceedings started by CGX […]

  • CGX Energy chief executive resigns from post

    11 January 2018
    Business & Finance

    CGX Energy has accepted the resignation of its chief executive officer, effective January 8, 2018.

  • Guyana: CGX Energy cuts ties with rig yard project partner

    19 October 2016
    Exploration & Production, Project & Tenders

    Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin, CGX Energy, has canceled a partnership deal for the company’s proposed wharf and logistics yard in Berbice, Guyana. CGX had entered into a term sheet agreement with an undisclosed potential partner regarding its Berbice Port Project back in April. The […]