Texas-based petroleum firm Buckeye Partners will buy Bear Head Energy, which owns an LNG and clean energy development project in Nova Scotia, Canada.
Canada’s Instream Energy Systems (IES) has signed a Memorandum of Understanding (MoU) with not-for-profit organisation Iwokrama International Centre for the development of hydrokinetic energy in Guyana. As part of the collaboration, Iwokrama is keen to develop and implement joint green energy initia
Purpose ESG will invest in the firm Nauticol Energy which might become the world’s first large-scale net zero methanol producer.
The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.
Norway’s Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development.
After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
After climbing back to 12 units, the number of offshore rigs in the U.S. upped the ante last week and increased to 14.
An investigation has been launched after a near-miss incident on the Hibernia platform located offshore Canada.
After slipping down to 11 units, the number of offshore rigs in the U.S. went back up to 12 units last week, based on rig count report.
After no change for two consecutive weeks, the number of offshore rigs in the U.S. dropped to 11 units last week.
Ocean Floor Geophysics (OFG), in partnership with PGS, has signed an agreement to acquire NCS SubSea, a marine seismic firm that provides ultra-high-resolution 3D seismic data to the oil and gas and new energy markets via P-Cable system.
The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy trans
The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row.
