TotalEnergies – operator of Suriname’s offshore Block 58 held its Q3 Earnings Conference last Thursday to appraise shareholders of its massive US$6.6 billion haul for the quarter.
But its Chief Financial Officer (CFO), Jean-Pierre Sbraire, made no mention of any intended final...
Luiz Inácio Lula da Silva has won Brazil’s presidential election.
Following the transfer of power in Brazil, Latin America’s largest democracy, myriad reforms are expected in the energy sector. Arthur Deakin, analyst and Director for Americas Market Intelligence (AMI) Energy Practice,...
Owing to another delay, this time at no fault of its own, CGX Energy has revised the spud window for its Wei-1 prospect in the Corentyne Block to between December 2022 and late January 2023.
In its operational update on...
Guyana’s Local Content Secretariat said Tuesday that it has granted Local Content certificates to 354 Guyanese suppliers, listed on its website.
The coveted certification allows those suppliers to be treated with legally mandated preference by international oil companies (IOCs) and...
Stacked against each other, international investors will tell you that they favour Guyana’s oil prospects over Suriname’s, and even those of legacy producer, Trinidad and Tobago, says energy analyst, Arthur Deakin.
The Director for Americas Market Intelligence (AMI) Energy Practice made this statement as part...
Hess Corporation says its exploration and production expenditure hit US$701 million in the third quarter of 2022 compared with US$498 million in the prior-year quarter.
This was primarily due to higher drilling and development activities in the Bakken, the Malaysia-Thailand...
Towards the modernisation of its massive wharf facility in Guyana, Muneshwers’ Limited – a household name in the South American nation – has inked a US$4 million deal with the Inter-American Development Bank (IDB) to procure the country’s first...
Global supplier and operator of offshore floating platforms, Mitsui Ocean Development & Engineering Company Inc. (MODEC) announced on Tuesday that it has signed a contract to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and...
The National Gas Company (NGC) of Trinidad and Tobago Limited (NGC) has disclosed its recent achievement of the Gold Standard status of reporting under the global Oil and Gas Methane Partnership 2.0 (OGMP 2.0).
This status is attained by companies...
Guyana on Monday held talks with India on issues ranging from areas of collaboration in energy security to the possibility of Indian companies extending training to Guyanese engineers in upstream and downstream oil and gas industries.
Minister of Natural Resources,...