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SBM’s Fast4Ward model cut FPSO delivery by up to a year, with Guyana among its clearest tests

SBM Offshore introduced its Fast4Ward program to improve predictability and shorten delivery timelines for floating production, storage and offloading (FPSO) projects, Chief Operating Officer Alex Glenn said in a March interview with Offshore Biz. “A decade ago, our industry was...

Europe has six weeks of jet fuel without Hormuz access, IEA chief warns

Europe has about six weeks of jet fuel remaining if the Strait of Hormuz is not reopened, Fatih Birol, Executive Director of the International Energy Agency, said during an interview on Fox News on April 16. Birol warned that flight...

Iwokrama, ExxonMobil partnership delivers gains in forest monitoring, research, community development

The partnership between the Iwokrama International Centre for Rainforest Conservation and Development and ExxonMobil Guyana is delivering measurable results across forest protection, scientific research, and community development in Guyana’s hinterland. The collaboration, supported by the ExxonMobil Foundation, has strengthened monitoring...

Stena DrillMAX to drill Greece’s first deepwater offshore well in 2027

Stena Drilling has secured a contract to drill what is set to be Greece’s first deepwater offshore well. The company said on April 15 that Energean Hellas Ltd awarded a contract for the mobile offshore drilling unit (MODU) Stena DrillMAX...

GranMorgu FPSO hull enters dry dock in China as construction advances toward offshore phase

TotalEnergies said on April 15 that the hull for the GranMorgu floating production, storage and offloading (FPSO) vessel has entered dry dock in China, a key step as Suriname’s first offshore oil development moves through construction. The company said the...

UG opens 2026/2027 applications as Guyana pushes new wave of oil, engineering talent

The University of Guyana (UG) has opened applications for its 2026/2027 academic year, with submissions running from March 30 to May 9, as demand grows for skilled workers to support the country’s expanding oil and gas sector. Prospective students are...

Pandora Energy, Western Logistics, SBM Offshore, MODEC, ExxonMobil among others to feature at UG Open Day & Job Fair April 17–18

The University of Guyana will host its Open Day & Job Fair 2026 on April 17 and 18 at the Sattaur and Ameena Gafoor Multipurpose Auditorium, Turkeyen Campus, from 10:00h to 16:00h daily. The event will be held under the...

SBM Offshore to build platforms for Petrobras’ SEAP development in Brazil

Brazil’s state oil company Petrobras has approved the final investment decision for the SEAP I project, with SBM Offshore set to construct the platforms for the Sergipe-Alagoas Basin development. The approval advances the Sergipe Águas Profundas (SEAP) project, described as...

GGI call invites local groups to “shape Guyana’s sustainable development future” – lead

The Greater Guyana Initiative (GGI), a US$100 million investment by Stabroek Block co-venturers ExxonMobil Guyana, Hess Guyana Exploration, and CNOOC Petroleum Guyana, is inviting proposals from civil society organizations as part of its ongoing capacity development program in Guyana. “Applying...

First subsea equipment for GranMorgu delivered to Suriname

PARAMARIBO, SURINAME – The first subsea equipment for the GranMorgu offshore oil development has arrived in Suriname, as the project moves toward offshore installation. Block 58 operator TotalEnergies EP Suriname confirmed on April 14 that components of the long baseline...

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Iwokrama, ExxonMobil partnership delivers gains in forest monitoring, research, community development

The partnership between the Iwokrama International Centre for Rainforest Conservation and Development and ExxonMobil Guyana is delivering measurable results...