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Dutch floater specialist SBM Offshore and ExxonMobil have signed a Long-Term Agreement covering potential future FPSO orders. SBM last week delivered the first FPSO – Liza Destiny – for ExxonMobil’s Liza Phase 1 Development project offshore the South American country...

The Stabroek Block offshore Guyana is being praised as a transformational investment opportunity for Hess Corporation. The company’s 30 percent stake in the prolific 6.6 million acres block is helping to put it well on its way to increasing...

(Reuters) - Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production in a country where it started operations more than a century ago, three sources familiar with the...

Guyana is preparing to host Exercise Tradewinds in June 2020 and Director General of the Civil Defence Commission (CDC) Lieutenant Colonel Kester Craig wants the operation to feature an oil spill response component. Currently, the CDC is finalizing Guyana's first...

Should the opposition People’s Progressive Party Civic (PPP/C) win the upcoming elections in Guyana, efforts will be made to review contracts signed after the ExxonMobil Production Sharing Agreement (PSA) in order to extract more revenue for the South American...

Plans are moving along rapidly in South America’s newest oil and gas hotspot for the start of oil production, now just months away. The arrival of the Liza Destiny FPSO in Guyana was announced on August 29, paving the...

(Reuters) - Brazil’s Senate on Tuesday night approved an amended transfer of rights agreement settling a dispute over pre-salt oil fields between the government and oil company Petrobras that still needs to pass the lower house to clear way...

(Jamaica Observer) Tests carried out by two separate independent laboratories have confirmed that an oil seep identified in 2018 by the Petroleum Corporation of Jamaica (PCJ) is the island's third onshore live oil seep. PCJ said in a release yesterday...

The Georgetown Chamber of Commerce and Industry (GCCI) and the Aberdeen & Grampian Chamber of Commerce signed a Memorandum of Understanding (MoU) on Tuesday, September 3, 2019 at the Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition. President...

On Tuesday, the Floating, Production, Storage and Offloading (FPSO) vessel, Liza Destiny, received its first helideck inspection certificate from the Guyana Civil Aviation Authority (GCAA). A helideck is a platform on a vessel or offshore structure, which allows helicopters to...