Oil and Gas

Inspenet, September 20, 2023.
Transocean has secured a new long-term contract for its newly built ultra-deepwater drilling vessel. This contract will allow the platform to work in partnership with a national oil company in Brazilian waters.

Inspenet, September 15, 2023.
The Guyanese Government has received proposals for 8 of the 14 oil blocks that were available in the tender and among the proponents is the American company ExxonMobil. The awards are planned to be made at the end of this year.

Inspenet, September 7, 2023.
An announcement issued by the administration of US President Joe Biden prohibits new oil and gas extraction activities in a highly significant region of Alaska. This determination is based on the recognition of the ecological importance of the area for both the indigenous communities that inhabit it and several emblematic animal species.

Inspenet, September 6, 2023.
Saudi Arabia and Russia announced last Tuesday their intention to extend their voluntary commitment to reduce oil production until the end of this year, despite the rebound in crude oil prices and the prospects that supplies will adjust in the last quarter.

Inspenet, September 5, 2023. Welltec Expandable Anchor: the Welltec solution Welltec has introduced the Welltec Expandable Anchor (WEA) system, a completion-of-life solution designed to secure

Inspenet, September 5, 2023.
Organized by the Argentine Institute of Oil and Gas (IAPG) and executed by Messe Frankfurt Argentina, this exhibition is ready to reveal revolutionary developments in the world of hydrocarbons. It is a gathering aimed at industry professionals, seasoned experts and aspiring youth.

Inspenet, September 5, 2023.
Just six months after taking over as CEO of Shell Plc, Wael Sawan quietly left the world’s largest business project related to reducing its carbon footprint. These environmental projects aim to neutralize the effects of carbon dioxide emissions.

Inspenet, September 4, 2023.
Aramco, the Saudi Arabian oil company, is considering the possibility of carrying out a public offering of shares that could reach a value of up to 50,000 million dollars, according to sources close to “The Wall Street Journal”.

Inspenet, August 31, 2023.
The American oil company Chevron announced last Tuesday that it has evacuated its personnel from three oil platforms in the Gulf of Mexico due to the arrival of Hurricane Idalia. At the same time, Kinder Morgan has plans to shut down an oil pipeline as a precaution.

Inspenet, August 31, 2023.
Amid a global outlook that remains uncertain in terms of oil supply and demand, black gold prices remain on a tightrope, at the mercy of both natural and geopolitical factors.