3678 results found for 'cgx'

3678 results found for 'cgx'
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  • 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. […]

  • North Sea FPSO closing in on restart date

    8 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    UK-based upstream oil and gas player Serica Energy is engaged in talks with Dana Petroleum to come up with a way to improve the performance of a floating production, storage, and offloading (FPSO) vessel, which is being prepared to resume limited production from Serica’s North Sea asset on the UK Continental Shelf (UKCS).

  • Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

    13 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (UKCS).

  • Rig and drilling site search next on Inpex’s deepwater oil & gas exploration agenda in Malaysia

    13 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Seascape Energy Asia, a wholly owned subsidiary of Southeast Asia-focused E&P company Seascape Energy, has confirmed the green light for the entry into the second exploration phase of a production sharing contract (PSC) for a deepwater block, operated by Japan’s Inpex, enabling the drilling of a prospect off the coast of Sarawak, Malaysia.

  • 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.

  • 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.

  • 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.

  • Greener or dirtier? Study shows biofuels exceed fossil fuels in CO2 output

    9 October 2025
    Environment, Transition

    On a global scale, the utilization of biofuels has led to a greater uptick in carbon dioxide (CO2) emissions than the fossil fuels that they are envisioned to replace, a new study done on behalf of Europe’s Transport & Environment (T&E) suggests. The report, which was released by consultancy firm Cerulogy on behalf of T&E, […]

  • Digital twin project aimed at curbing UK shipping emissions wins over $1M in funding

    18 September 2025
    Collaboration, IT & Software, Transition

    A consortium comprising the Scottish Heriot-Watt University’s Industrial Decarbonisation Research and Innovation Centre (IDRIC), IT and business consulting firm CGI, and Maritime UK has clinched over £1 million (roughly $1.3 million) from the United Kingdom government to craft a new digital twin solution for cutting shipping emissions. The funding was awarded via UK SHORE, the […]

  • Port of Malaga marks first bio-LNG refueling operation with MSC and Axpo

    2 October 2025
    Business Developments & Projects, Ports & Logistics, Vessels

    The Spanish Port of Málaga has carried out its first bunkering operation of bio-liquefied natural gas (bio-LNG), having supplied a container vessel owned by Swiss maritime transport giant Mediterranean Shipping Company (MSC) with this alternative fuel. As disclosed, the Liberia-flagged MSC Gabon refilled with bio-LNG at the Spanish port on September 24, marking Málaga’s next […]

  • Namibia richer for gas condensate discovery as ‘high liquid-yield’ comes to light

    1 October 2025
    Business Developments & Projects, Exploration & Production

    African energy exploration player Rhino Resources has made a gas condensate discovery off the coast of Namibia, thanks to drilling activities undertaken with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

  • 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.

  • CMA CGM orders up to 10 LNG dual-fuel boxships in China

    3 September 2025
    Infrastructure, Vessels

    French container shipping and logistics major has reportedly placed an order for six firm liquefied natural gas (LNG) dual-fuel 22,000 TEU containerships in China.

  • AD Ports launches Luanda port terminal project, focused on modernization and sustainability

    23 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Technology, Transition

    AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal, signaling the beginning of a modernization and expansion effort at the Port of Luanda, Angola.

  • India vows nearly $8B to boost its shipbuilding and maritime ecosystem

    25 September 2025
    Authorities & Government, Infrastructure, Transition

    The government of India has approved a package encompassing a whopping ₹697.25 billion (approximately $7.86 billion) aimed at rejuvenating the South Asian nation’s shipbuilding and the overall maritime ecosystem. As disclosed by India’s Ministry of Ports, Shipping and Waterways (MoPSW), the financing represents a four-pillar approach that was crafted with a vision to breathe new […]

  • ZTT delivers first batch of submarine cables for China’s 1 GW offshore wind project

    10 September 2025
    Business Developments & Projects, Project & Tenders

    ZTT Submarine Cable & System (ZTTSC) has delivered the first batch of 500 kV three-core AC submarine cables for the Yangjiang Fanshi II Offshore Wind Farm in China. According to the company, the production process integrated smart manufacturing lines, industrial robots, smart warehousing, and AI-based inspection to achieve end-to-end digital quality control. ZTTSC completed manufacturing […]

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

  • Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

    28 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.

  • Fortune Oil Updates on Shareholding in China Gas

    16 April 2013

    Fortune Oil announced the following development regarding its shareholding in China Gas Holdings Ltd (CGH) which is held through China Gas Group Limited (CGG), a joint venture company between the Company and Mr Liu Minghui. As detailed in the Company’s announcement on 17 February 2012, CGG entered into an arrangement with a private company (Fortune Max) […]

  • Canada: Pacific Rubiales 2Q Net Earnings Up

    9 August 2012

    Pacific Rubiales Energy released its unaudited consolidated financial results for the quarter ended June 30, 2012. Second Quarter 2012 Highlights EBITDA increased to a record $560 million ($1,098 million for the first six months, an increase of 19% compared to the same period in 2011), driven by production growth and higher netbacks. Net Earnings of […]

  • CMA CGM Wraps Up Compulsory Acquisition of NOL Shares

    5 September 2016
    Business & Finance

    French container shipping giant CMA CGM has completed the exercise of its rights of compulsory acquisition of all the Neptune Orient Lines Limited (NOL) shares held by NOL shareholders. Namely, the company bought the remaining shares owned by NOL shareholders who had not accepted the all-cash voluntary conditional general offer, at a price per share […]

  • CMA CGM switches Syria’s €200M Latakia port expansion project into high gear

    25 August 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics

    French shipping and logistics major CMA CGM has decided to accelerate the launch of the second phase of the Latakia Port expansion project in Syria.