3676 results found for 'cgx'

3676 results found for 'cgx'
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  • Prospector to Conduct Seismic Survey for CGX Energy Offshore Guyana

    23 September 2014
    Business & Finance, Operations & Maintenance

    CGX Energy Inc. announced that it has entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3,116.74 km2 3D seismic survey on the Company’s 100% owned Demerara Block, offshore Guyana. The aggregate cost of this seismic survey will be approximately U.S.$17.9 million with 40% of the costs (or approximately U.S.$7 million) being […]

  • Bad Weather, Rig Issues Push Back CGX’s Drilling Schedule in Guyana

    11 April 2012
    Business & Finance

    CGX Energy Inc. announces that delays due to minor mechanical issues on the Ocean Saratoga semi-submersible rig and weather conditions have pushed back the time frame for the completion of drilling of the Eagle-1 well beyond the originally planned 60 days. It is now anticipated that drilling operations will be completed near the end of […]

  • Guyana partners have a change of heart when it comes to drilling plans

    14 February 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Frontera Energy and CGX Energy will not be moving forward with its previous plans for exploration drilling in Demerara block off Guyana.

  • CGX, Inpex to share jack-up rig ‘Hakuryu 12’

    2 June 2014
    Business & Finance

    CGX Energy Inc. has entered into a binding letter of intent with Teikoku Oil (Suriname) Co., Ltd., a wholly-owned subsidiary of INPEX Corporation, and Japan Drilling Co., Ltd. (“JDC”), for use of the jack-up drilling rig known as the “Hakuryu-12” rig. The letter of intent forms the basis of the definitive rig agreements between JDC and each […]

  • Spud window set for new exploration well off Guyana

    12 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    CGX Energy has established a spud window for its first exploration well offshore Guyana, which will be drilled using a Maersk Drilling rig.

  • Repsol Starts Drilling at Jaguar-1, Offshore Guyana

    10 February 2012
    Business & Finance

    Spain-based Repsol has commenced drilling operations at the Jaguar-1 well, located on the Georgetown Petroleum Prospecting License, offshore Guyana. The Jaguar-1 well will be drilled to a depth of 6,500 metres to test the Turonian geologic zone. The well is being drilled by the Atwood Beacon jack-up drilling rig operated by Atwood Oceanics, Inc., a […]

  • CGX Finalizes 3D Seismic Program on Corentyne License, Offshore Guyana

    24 January 2012
    Business & Finance, Operations & Maintenance

    CGX Energy Inc. announces that the 1,160 square kilometre 3D marine seismic contract that was announced on December 5, 2011 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 […]

  • New spud window for exploration well in Guyana as Noble rig gets delayed

    2 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX and Frontera have revised the spud window for their second exploration well in the Corentyne block offshore Guyana.

  • Partners stand firm in opposition to Guyana pulling the plug on offshore license

    14 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.

  • Repsol, Partners Abandon Jaguar-1 Well (Guyana)

    21 August 2012
    Business & Finance

    CGX Energy Inc. last week announced, along with its partners on the Jaguar-1 well located on the Company’s 25% owned Georgetown Petroleum Prospecting License (“PPL”), that drilling operations at the Jaguar-1 well on the Georgetown PPL, Guyana ended and the well would be plugged at a depth of 4,876 metres without reaching the primary objective […]

  • JV seeking partners for block offshore Guyana to unlock its hydrocarbon potential

    11 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Canada’s CGX Energy and Frontera Energy are on the lookout for partners for the further development on the Corentyne block offshore Guyana.

  • With final prep out of the way, Guyana partners ready to drill upon Noble rig’s arrival

    28 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    CGX and Frontera have wrapped up the preparations to spud an exploration well off Guyana upon arrival of the Noble-owned rig.

  • Exploration hotspot – Guyana well results reinforce belief in ‘transformational opportunity’

    1 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX Energy and Frontera Energy have made a discovery at the Kawa-1 well located in the Corentyne block offshore Guyana.

  • Serica facing stabilization setbacks after North Sea FPSO restart

    30 July 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    The UK-based upstream oil and gas player Serica Energy is experiencing delays with stabilizing production from its fields in the North Sea, which is achieved via a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum.

  • Noble rig spuds exploration well offshore Guyana

    23 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    CGX Energy and Frontera Energy have started drilling an exploration well offshore Guyana with one of the Noble Corporation-owned rigs.

  • Guyana JV spuds ‘one of the most exciting exploration wells in the world’

    23 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The Kawa-1 exploration well, located on the Corentyne block offshore Guyana, has been spud, using the Maersk Discoverer semi-submersible rig.

  • 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.

  • 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.

  • 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.

  • 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.

  • Two organizations shake hands to work on nuclear-powered shipping and TNPP

    22 July 2025
    Business Developments & Projects, Collaboration, Research & Development, Transition

    The World Nuclear Transport Institute (WNTI) and the Nuclear Energy Maritime Organisation (NEMO) have penned a memorandum of understanding (MoU) to collaborate on advancing nuclear-powered shipping and transportable nuclear power plants (TNPP). As disclosed, the partners will seek to pioneer the creation of international standards that put the priority mark on safety, security and sustainability […]

  • 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.