Saturday, July 12, 2025
GE Oil & Gas Alum Joins Tech Company as CCO - Oil & Gas 360

GE Oil & Gas Alum Joins Tech Company as CCO

By Tyler Losier, Energy Reporter, Oil & Gas 360 Sergio A. Tuberquia joins Data Gumbo as chief commercial officer Data Gumbo, a blockchain-as-a-service (BaaS) company based in Houston, has tapped Sergio A. Tuberquia for the position of chief commercial officer. The hiring of Tuberquia comes shortly after the company received $6 million in series A funding led by Saudi Aramco

Exxon Initiates New PSA, Seeks to Increase Production from Angola’s Block 15

By Tyler Losier, Energy Reporter, Oil & Gas 360 Partnership seeks to redevelop offshore asset ExxonMobil (stock ticker: XOM) has entered into a production sharing agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels in order to further invest in the country’s offshore Block 15. Exxon’s Angola assets as of year end 2018 (source: Exxon 2018 financial

Equinor Snatches GOM Asset from Delek’s Outstretched Hand

Expands Caesar Tonga interest By Richard Rostad, analyst, Oil & Gas 360 Equinor (ticker: EQNR), formerly Statoil, announced several moves this week, expanding its offshore activities in both the GOM and North Sea. On Monday Equinor announced it has exercised its option to expand its interest in the Caesar Tonga oil field, a major oil play located in offshore Louisiana.

Norway’s Equinor aims to start oil exploration off Australia in 2020

From Reuters Norway’s Equinor SA on Tuesday said it plans to explore for oil in deep waters off the coast of South Australia in late 2020 and released a draft environmental assessment for the project to head off community protests. Equinor, formerly known as Statoil, took full control of two permits in the Great Australian Bight, a body of water

Brexit or Not, Britain’s Oil and Gas Business Is Booming

From The Wall Street Journal Norwegian oil giant Equinor AS is doing something few companies have dared to do ahead of the U.K.’s planned exit from the European Union. It’s investing in Britain. The state-backed energy company formerly known as Statoil has an ambitious plan for investments in the U.K.’s oil-rich North Sea. When much of the U.K. economy is on ice, Equinor is hiring

UK Continental Shelf Still Worth Oil Investment Despite Brexit

From Reuters Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country’s plans to leave the European Union, a senior executive told Reuters. British Prime Minister Theresa May abruptly decided on Monday to pull a parliamentary vote on the Brexit deal, thrusting UK’s divorce from the EU into chaos, with possible

Drilling Down: Equinor Prepares to Tackle new Eagle Ford Shale Projects

From Houston Chronicle   Norwegian oil giant Equinor will soon be returning to the Eagle Ford Shale of South Texas for a new round of drilling. The exploration and production company has filed for its first new drilling permits in more than six months, seeking permission from the Railroad Commission of Texas to develop three horizontal wells on its South

Three Natural Gas Distributors Propose Converting 3.7 Million Homes to Hydrogen Heat

Three companies want to test out $29 billion pilot project in Northern England by 2028 From ARS Three natural gas distributors issued a report this week detailing plans to convert the UK’s residential gas system to a hydrogen delivery system. UK firms Northern Gas Networks and Cadent, as well as Norwegian gas firm Equinor, wrote that the proposal (PDF) was technically feasible.

Equinor, Exxon Grab Choice Offshore Stakes in Brazil

From Reuters RIO DE JANEIRO (Reuters) – Norway’s Equinor ASA and other oil majors bet big on pre-salt blocks in Brazil on Thursday, grabbing stakes in some of the world’s most alluring offshore geology despite renewed concerns about political meddling in the country’s energy sector. A consortium of Equinor, Exxon Mobil Corp and Petroleos de Portugal made the most aggressive

Equinor Elects Two New Members to Board

From Globe NewsWire In a meeting in the Corporate Assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) on 5 June 2018 Anne Drinkwater and Jonathan Lewis were elected as new members to Equinor’s board of directors. Furthermore, the nomination committee re-elected Jon Erik Reinhardsen as chair and Roy Franklin as deputy chair of the board in addition to re-election of Jeroen van