Oil and Gas

Inspenet, October 3, 2023.
The oil giant ExxonMobil reported that it has decided to suspend its exploration efforts in the Kaieteur Block, located in the deep waters of Guyana, due to the limited amount of oil it has managed to obtain, it explained.

Inspenet, October 2, 2023.
ExxonMobil is in a process of diversifying its operations due to environmental challenges and the transition towards more sustainable energy sources that are impacting the demand for fossil fuels.

Inspenet, September 28, 2023.
Last Wednesday, Britain gave the green light to an oil and gas project in the North Sea, dismissing warnings from the scientific community and the United Nations about the need to halt the development of new fossil fuel resources to avoid disaster. climate.

Inspenet, September 27, 2023.
Today begins the XIX Conference of Maritime Oil Terminal and Monobuoy Operators in Rio de Janeiro, Brazil; event that will lead to the development of a series of academic and social activities that end next Friday, September 27.

Inspenet, September 26, 2023.
The state company Petroecuador announced that between January and August of this year it has exported a total of 18.3 million barrels of crude oil through twelve international tenders under the “spot” modality, which involves short-term agreements.

Inspenet, September 25, 2023.
Chevron, Shell Offshore and the state of Louisiana, USA have filed a lawsuit with the aim of annulling the reduction in the oil extraction area. In response to this legal action, a federal judge has issued an order forcing the United States Department of the Interior to expand the sale of permits for oil and gas extraction in the Gulf of Mexico.

Inspenet, September 23, 2023.
Last Friday, Petroecuador announced that a total of eleven companies have expressed interest in participating in the tender to operate and improve the Amistad Field, the largest gas field in Ecuador.

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.