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ExxonMobil to proceed with $9B Payara development offshore Guyana

2020-10-02 10:55:36| Green Car Congress

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Exxon Mobil, Hess Sanction $9 Billion Payara Project Offshore Guyana

2020-10-01 15:50:41| OGI

SBM Offshore lands contract for FPSO, while TechnipFMC secures work for the subsea system for the development.

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Total Sells Equity Stake in Brazil Offshore Oil Project to Petrobras

2020-09-28 18:25:00| OGI

Geologists have said the Foz do Amazonas basin offshore Brazil could contain up to 14 billion barrels of petroleum, more than the entire proven reserves in the Gulf of Mexico.

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Trump Extends Oil Drilling Ban Offshore North Carolina, Virginia

2020-09-28 11:10:00| OGI

U.S. President Donald Trump said Sept. 25 he had extended a ban until 2032 on oil drilling off the coast of North Carolina and Virginia, weeks after a similar extension affecting offshore drilling.

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Canadian Government Commits $320 Million to Aid Offshore Oil Industry

2020-09-25 20:35:00| OGI

Newfoundland and Labrador is the third-largest oil-producing province in Canada, producing 5% of the country's crude in 2018. Low oil prices have forced producers to cut spending and output globally.

Tags: industry government million oil

 

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