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December 30, 2019, 9:52 AM MST
CGG is completing its exit from the seabed data acquisition business and has terminated the Seabed Geosolutions joint venture agreement effective Dec. 31, 2019.
December 30, 2019, 5:32 AM MST
Exxon Mobil Corporation has secured more than 1.7 million acres for exploration offshore Egypt.
December 30, 2019, 9:55 AM MST
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December 18, 2019, 7:59 AM MST
While the east and west coasts garner much attention in terms of developing LNG facilities to access international markets for Canada’s natural gas resources, Allan Fogwill highlights another opportunity — the North Coast.
December 17, 2019, 12 AM MST
In the decade since Parex Resources began operations in Colombia, the Calgary-based company has seen its production jump from zero to average around 52,000 boe/d and 2P reserves climb from zero to 186 million boe.
December 17, 2019, 6 AM MST
Saudi Arabia rode to the rescue of crude oil prices yet again by pushing through 500,000-bbl-day of additional output cuts for the first quarter of next year. This was reportedly after putting the price war gun to the heads of fellow OPEC+ members, especially laggards to the previous production pact such as Iraq, Nigeria and Russia.
December 16, 2019, 6 AM MST
In the decade since Parex Resources began operations in Colombia, the Calgary-based company has seen its production jump from zero to average around 52,000 boe/d and 2P reserves climb from zero to 186 million boe. Market capitalization has seen a similar ascent, rising from $175 million to around $3 billion.
December 16, 2019, 9:34 AM MST
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