Tag: Oil drilling

• Wednesday, December 20th 2023 - 09:55 UTC

  Essequibo conflict means higher insurance costs for Guyana

  

  Amid escalating concerns about the Essequibo crisis with neighboring Venezuela, Guyana has been included in the list of greatest risk for maritime transport drafted by insurers Lloyd's Market Association for vessels visiting offshore facilities in the former British colony's Exclusive Economic Zone, beyond “territorial waters.”

• Tuesday, August 22nd 2023 - 10:29 UTC

  Ecuador voted to ban mining and oil drilling in an Amazon national park

  

  The Ecuadorian electorate voted on Sunday against oil drilling, according to results of an election-day referendum published early Monday. Voters were asked whether to ban mining in the highlands and further oil drilling in Yasuni National Park in the Amazon.

• Wednesday, October 28th 2020 - 09:06 UTC

  Guyana extends Noble Corporation drillship rig contract 6,5 years to August 2030

  

  Noble Corporation plc's ultra-deepwater drillship Noble Tom Madden has received about 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work offshore Guyana.

• Monday, March 16th 2020 - 10:23 UTC

  Oil drilling sediment shows Falklands could have suffered a tsunami a million years ago

  

  Scientists have found evidence of ancient slope failures on the seafloor to the south of the Falkland Islands on the South Atlantic. Computer models suggest these underwater landslides would have been capable of sending waves crashing on to the Falklands' coastline that was tens of meters high.