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Petrobras said it started production with the Almirante Barroso floating production, storage and offloading (FPSO) platform on May 31, in the Búzios field, offshore Brazil. The start-up adds 150,000 bpd of oil output and 6 million cubic metres (m³) of...

Equinor Energy AS, operator of production licence 923, has concluded the drilling of wildcat well 31/2-23 S, the Norwegian Petroleum Directorate said on Thursday. The well was drilled about 3 kilometres west of the Troll field in the North Sea and about...

Exxon is continuing to build support for its petroleum operations offshore Guyana, with the recent addition of two state-of-the-art tugs. These impressive vessels, named MV Kalina and A’Rinra, will play a crucial role in guiding oil tankers at the...

The final major contract for the development of the Gas-to-Energy project has been awarded, for the onshore pipeline. A joint venture of the Guyanese company, GAICO Construction and General Services Inc., and the Italian company, SICIM, secured this work...

By Dr. Terrence Blackman and Dr. Carolyn Walcott Guyana's oil and gas industry is flourishing, presenting a unique opportunity for growth and development. However, it is crucial to understand that a nation's true strength lies in investing in human and...

Guyana’s Environmental Protection Agency (EPA) has served Stabroek Block operator, Esso Exploration and Production Guyana Limited (EEPGL) with a notice to provide an unlimited parent and/or affiliate company guarantee. This revelation was made on Wednesday by the EPA’s lawyer,...

By Scott B. MacDonald - OilNOW In May 2023, Guyana’s President Dr. Mohamed Irfaan Ali made an official visit to Qatar, several thousand miles away in the Persian Gulf, and opened his country’s first embassy in Doha. Points of discussion...

Stena Drilling said it has signed a new contract with Shell Offshore Inc. for the mobile offshore drilling unit (MODU) Stena Evolution.  The operations for Stena Evolution in the United States Gulf of Mexico are due to commence in Q2...

Guyana’s Attorney General, Mohabir Anil Nandlall has applied to be a party to the court case concerning the provision of financial assurance for the ExxonMobil-operated Stabroek Block in the case of a spill. In this bid, Nandlall is warning...

Production guidance from Hess Corporation for the Stabroek Block indicates a reduction in 2023 Q2 compared to the prior quarter, as Exxon moves to execute maintenance on the Liza Phase 2 project.  Net production for Hess, a 30% stakeholder in...