News

Petrobras seeking to replicate Guyana’s exploration success offshore Brazil – Rystad energy

Petrobras is looking to focus its exploration efforts on the potential of the equatorial margin later this decade, Rystad Energy said, with hopes to replicate the unprecedented success at Guyana’s Stabroek Block. The basins that Brazil’s state explorer is expected...

Azule Energy awards US$7.8 billion in contracts for upstream Angola project

Azule Energy said its wholly owned subsidiary Eni Angola SPA (Eni), and the partners in the Block 15/06, Sonangol P&P and SSI Fifteen Limited, have awarded the main contracts for the development of the Agogo Integrated West Hub (AIWH)...

Total targets mid-year to confirm resources for development project offshore Suriname

By mid-year 2023, Block 58 operator TotalEnergies SE expects to confirm the desired estimated resources to kickstart production offshore Suriname, Chairman and Chief Executive Officer (CEO) Patrick Pouyanné said. This could result in another delay of the long-awaited Final Investment...

Trinidad commissions country’s first low exhaust tug

The National Energy Corporation of Trinidad and Tobago commissioned the country’s first low exhaust tug on Tuesday, during a ceremony at Hyatt Regency in Port of Spain.  The new 60-ton bollard-pull tug, named National Energy Resilience, is International Maritime Organisation...

No decision yet on next Orinduik Block well, but analysts expect Amatuk

Eco Atlantic’s recent financial report indicates that the partners responsible for developing the Orinduik Block offshore Guyana, have not decided on their 2023 target. Eco Atlantic said they continue to work towards identifying the optimal drilling target at the Tullow...

Noble made US$586 million from contract drilling services in Q4 2022

Noble Corporation said its revenue from contract drilling services for the fourth quarter of 2022 totaled US$586 million compared to US$289 million in the third quarter. It said the increase is primarily attributable to the business combination with Maersk...

Exxon survey at Guyana’s main ship channel covered by EIA

ExxonMobil Guyana has commenced geotechnical and geophysical surveying operations in the vicinity of the Demerara  main ship channel and off the West Coast of Demerara in the vicinity of Plantation Best. ExxonMobil Guyana’s Media Advisor, Kwesi Isles explained, “The surveys,...

Multibeam Hydrographic Survey ongoing offshore Guyana

Guyana’s Maritime Administration Department (MARAD) announced that a multibeam hydrographic survey is currently ongoing off the coast of Guyana. MARAD said the survey activities commenced on Feb. 23 and will last up to July 31. It will incorporate the use of...

Exxon’s 5th Guyana FPSO to be named ‘Errea Wittu’

ExxonMobil Guyana has revealed ‘Errea Wittu’ is the name to be given to the floating production, storage, and offloading (FPSO) vessel intended for its fifth project, Uaru.   The name means ‘abundance’, said ExxonMobil Guyana Projects Environmental and Regulatory Advisor, Laurent...

First gas from TT Cascadura facility expected in June

Trinidad and Tobago’s National Gas Company (NGC) is expected to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023, Touchstone Exploration announced. “Touchstone remains on track to complete the Cascadura facility...

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Gas-to-Energy: 375 billion cubic feet of gas committed for sale – Hess

In a filing with the U.S. Securities and Exchange Commission, Hess Corporation said 375 billion cubic feet of natural...