3681 results found for 'cgx'

3681 results found for 'cgx'
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  • Drilling costs swell for Guyana exploration well

    16 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Drilling costs for an exploration well located off Guyana are expected to increase as drilling operations are taking longer than expected.

  • Guyana partners confirm light oil and gas condensate discovery ahead of new well

    10 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX Energy and Frontera Energy have made a light oil and condensate discovery in their exploration well on the Corentyne block off Guyana.

  • Hapag-Lloyd sets up new Southern China – Northern Europe service

    16 February 2022
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Driven by increased demand, German container shipping major Hapag-Lloyd is launching a new service that will link Southern China with Northern Europe.

  • Well results showcase potential for standalone shallow oil development off Guyana

    10 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Well results off Guyana serve to further highlight the potential for a standalone shallow oil resource development across the block.

  • Partners dive into legal avenues upon receipt of Guyana’s offshore license termination notice

    12 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have decided to put all legal options on the table to come up with the best way to assert and defend their interests in the Corentyne block off the coast of Guyana, following a license termination communication from the country’s government.

  • Turning Guyana block’s oil promise into reality: Two players proclaim potential commercial interest

    27 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Research & Development

    CGX Energy and Frontera Energy are seeking to undertake additional action to tap into and unleash the hydrocarbon resources on the Corentyne block offshore Guyana.

  • Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

    9 December 2025
    Business & Finance, Business Developments & Projects, Vessels

    Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.

  • Repsol seeks more time for Guyana drilling

    15 January 2016
    Project & Tenders

    Spanish oil company Repsol has sought more time from Guyana to continue exploratory work in the Kanuku offshore block. The company’s delegation met with President David Granger on Wednesday to seek the extension. After the meeting, Repsol’s Latin America Exploration Director, Mikel Erquiaga explained that the company has to drill a well, but had been delayed by several stumbling […]

  • Well results off Guyana ‘encouraging’ but total cost estimates rise again

    13 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX Energy and Frontera Energy have drilled to a total depth an exploration well offshore Guyana, which recently found oil-bearing intervals.

  • JV preparing to drill Guyana well in 2H 2021

    16 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    A joint venture between Frontera Resources and CGX Energy is now preparing to drill an exploration well offshore Guyana in H 2021.

  • Second oil discovery in block off Guyana brought to light

    28 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Canada’s CGX Energy and Frontera Energy have made a second discovery in the Corentyne block offshore Guyana.

  • Franco-German maritime relations strengthened as CMA CGM takes stake in EUROGATE Hamburg terminal

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

    French shipping and logistics giant CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH).

  • Noble rig hits oil-bearing intervals off Guyana and JV partners hike up cost estimates to finish drilling ops

    4 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX Energy and Frontera have revised the total cost estimate for an exploration well, which recently found oil-bearing intervals off Guyana.

  • Rowan finds jobs for two jack-up rigs

    24 December 2018
    Business & Finance, Exploration & Production

    Offshore driller Rowan Companies has been awarded contracts for two of its jack-up drilling rigs.

  • PGS Completes 3D Seismic Offshore Guyana

    24 January 2012
    Business & Finance

    CGX Energy Inc. announced that the 1,160 square kilometre 3D marine seismic survey program offshore Guyana has been completed. The seismic acquisition was performed by the PGS Ramform Challenger, a state-of-the-art seismic ship owned by a subsidiary of Petroleum Geo-Services (PGS). PGS used their dual-sensor GeoStreamer® technology, which was instrumental in delivering high quality data. […]

  • CMA CGM and Edison hit LNG bunkering milestone in Italy

    6 November 2025
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Italian energy company Edison and French shipping giant CMA CGM have completed the first ship-to-ship (STS) LNG bunkering of a containership in Italy.

  • CMA CGM: Ten 24,212 TEU LNG dual-fuel boxships to fly French flag

    4 November 2025
    Authorities & Government, Human Capital, Infrastructure, Outlook & Strategy, Vessels

    Ten yet-to-be-delivered 24,212 TEU liquefied natural (LNG) dual-fuel vessels will be added to the French flag, French shipping and logistics giant CMA CGM Group revealed.

  • Noble rig booked for drilling ops off Suriname

    7 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Noble has won a new contract with Petronas for one of its semi-submersible rigs, which is being hired for drilling activities off Suriname.

  • Yang Ming to use sustainable biofuel to boost decarbonization efforts

    11 March 2024
    Vessels

    Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to adopt sustainable biofuel into its fleet to respond to the 2050 net-zero emissions goal.

  • World Bank backs Guyana’s oil and gas policy framework with $20 million credit

    11 April 2019

    The World Bank has approved a $20 million credit from the International Development Association (IDA) to strengthen institutions, laws, and regulations to promote good governance and a prudent management of Guyana’s oil and gas sector.

  • Valaris secures $285 million in revenue backlog with new rig contracts

    26 November 2019
    Business & Finance, Exploration & Production

    Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico. 

  • Guyana to see record number of wells in 2021, Rystad says

    15 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.

  • Equipment difficulties force GulfSlope to stop drilling at Tau prospect

    14 May 2019
    Exploration & Production

    GulfSlope Energy has decided to abandon its well at the Tau Prospect, located in the U.S. Gulf of Mexico.

  • Marsa Maroc, CMA CGM finalize deal for the operation of Nador West Med terminal

    27 October 2025
    Infrastructure, Ports & Logistics

    Morocco’s port terminal management firm Marsa Maroc and CMA Terminals, a subsidiary of French container shipping and logistics giant CMA CGM Group, have moved forward to finalize an agreement for the operation of the Western Container Terminal at Nador West Med, a key strategic port on Morocco’s Mediterranean coastline.

  • £50 billion going down the drain as UK keeps oil & gas windfall tax in place

    27 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the move it portrays as a bitter blow to the UK’s energy workers and industry players.