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Suriname’s state oil company Staatsolie is preparing itself to prudently manage the country’s billion-dollar offshore oil industry. Staatsolie’s Managing Director, Annand Jagesar said the company is already eyeing a crucial step to realizing this goal; the establishment of a...

Noble Corporation said it was awarded a new contract for the jack-up Noble Resolve with an undisclosed operator.  The jack-up will embark on a campaign to plug and abandon 13 wells offshore Spain for 170 days starting in Q2 2025. The...

SBM Offshore reported a strong performance in its first quarter results for 2024, with revenues driven by the successful delivery and operation of the Prosperity and Sepetiba floating production, storage and offloading (FPSO) vessels to Guyana and Brazil. Øivind...

Former Colombian President Ivan Duque believes that the situation unfolding in Ukraine will not be replicated in the Western Hemisphere, because of the international community’s support for Guyana.  Russia invaded Ukraine back in 2022 in an escalation of the Russo-Ukrainian...

ExxonMobil Guyana and Ramps Logistics on April 10 denied before a Guyana Court, a charge concerning the submission of an inflated invoice to the local tax and customs administrator, the Guyana Revenue Authority (GRA).  The accusation points to a declaration...

SBM Offshore is seeking to hire Guyanese fabricators once again to support the construction of a floating production, storage and offloading (FPSO) vessel for another ExxonMobil development at the Stabroek Block. Guyana Deep Water Operations Incorporated, an affiliate of SBM...

CGX Energy has delayed the commencement of cargo operations at its Berbice Deep Water Port (BDWP) to the third quarter of 2024, it said in a report on its Q1 highlights. As stated in a March update, the company...

Guyana's Vice President Bharrat Jagdeo has addressed concerns regarding the increase in oil production rates offshore Guyana, emphasizing that the Environmental Protection Agency (EPA) has affirmed the safety of these optimization efforts.  Jagdeo noted concerns about the safety of producing...

​QatarEnergy said it signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat) under which Nakilat will own and operate nine “QC-Max” class LNG vessels, the largest LNG vessels ever built. The agreement was signed May 8 by Saad...

The government of Guyana and the United States Embassy in Guyana announced a flyover of two U.S. Navy aircraft, F/A-18F Super Hornets in Guyana.  The embassy said the jets, which were transported on the USS George Washington aircraft carrier, were...