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The crew that is onboard the Liza Destiny—the  Floating, Production, Storage and Offloading (FPSO) vessel that is currently en route to Guyana—has been engaging in emergency response activities and other safety training while the vessel travels to the South...

BP and Eni on Wednesday signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman. Block 77 covers a total area of over 2,700 square kilometres. BP and...

Hours after Qatar Petroleum announced that it had entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana, the country’s energy director told reporters the deal remains ‘substantially unclear’ and...

Private sector groups and other stakeholders in Guyana will soon receive the final draft of the local content policy framework for review. Speaking at a press conference on Monday in Georgetown, Director of Guyana’s Department of Energy (DE), Dr. Mark...

The Guyana government will be selling its own share of crude when production starts at the Liza Phase 1 Development project, just months away, and a tender for this will be put out before the end of the year....

Nothing is ever easy or simple in the world of international offshore oil and gas development. That axiom is proving to be true for the most prolific offshore oil discovery in recent years off the coast of the...

Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore the South American country of Guyana. Under the agreement, which is subject to customary regulatory approvals by the government...

BP Trinidad and Tobago’s (BPTT) Cassia Compression project is on track with first gas expected in 3Q 2021. The Cassia Compression project will enable BPTT to access and produce low pressure gas reserves from currently producing fields in the...

Fitch Solutions - an industry-leading provider of credit, debt market, and macro intelligence services – says as the South American country of Guyana upgrades its infrastructure and prepares for an economic windfall from oil production, the construction sector will...

Bocks are those where the initial term (normally x years) has expired and there has been no drilling for a period of y years and no dedicated seismic or other significant activity for a period of z years;...