News

Stena Drilling announces 20K upgrade for Evolution drillship

Stena Drilling has revealed a significant equipment upgrade for their cutting-edge 7th-generation drillship, the Stena Evolution. This enhancement enables the vessel to handle pressure control up to 20,000 psi (20K), unlocking access to previously inaccessible reservoirs for clients worldwide. The...

SLB, Aker Carbon Capture to join forces to pursue decarbonization

SLB announced its intention to merge its carbon capture division with Aker Carbon Capture (ACC) to bolster industrial decarbonization efforts on a large scale. This strategic move is expected to leverage ACC's existing commercial carbon capture solutions and SLB's advancements...

Ali in fiery exchange with BBC journalist about Guyana’s oil

Guyana’s President, Dr. Mohamed Irfaan Ali, sat down for an interview with BBC journalist, Stephen Sakur, on the sidelines of the Guyana Energy Conference and Supply Chain Expo in February. The discussion about Guyana’s oil got heated quickly as...

Dominican Republic can help Guyana bridge gaps, place progress on par with developed world- Pres. Ali

Guyana's President, Dr. Irfaan Ali deemed the Dominican Republic a pivotal ally that can help his country bridge many of its learning gaps and achieve progress that is on par with the developed world.  During a panel discussion at the...

VIDEO: Stena Carron returning to operations in Guyana

The Stena Carron rig is returning to operations in Guyana after undergoing its Special Periodic Survey (SPS) in Las Palmas, Spain, Stena said in a LinkedIn post.  The SPS is a detailed inspection and maintenance procedure essential for ensuring the...

Lindsayca working with Guyana, DR consortium to advance MoUs on refinery, petrochemical plant, oil block exploration 

Chairman of Lindsayca, Hector Fuentes, confirmed on Tuesday that his company will be working alongside a consortium of private sector stakeholders to advance key oil sector opportunities between Guyana and the Dominican Republic. The United Caribbean Energy consortium involves...

Clinton Foundation stands ready to help Guyana, Dominican Republic push united Caribbean agenda

The Clinton Foundation stands ready to help Guyana and the Dominican Republic push their joint agenda for a united Caribbean as well as any other matter of importance. Former U.S. President William Jefferson Clinton made this pledge during his...

France to be first EU member to open embassy in Guyana

Guyana and France have announced the establishment of a French Embassy in Georgetown, slated to open its doors in 2025. France will become the first European Union member state to elevate its diplomatic representation to embassy level in Guyana. During...

TotalEnergies returns Denmark to self-sufficiency with production restart in North Sea

TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, following the completion of a major redevelopment project. This restart marks a major moment for Denmark, as the Tyra hub, at plateau, is...

Interest of U.S. investors in Guyana skyrocketing – Ambassador Theriot

United States Ambassador to Guyana Nicole Theriot said the interest of U.S. companies in investing in Guyana is at an all-time high. “Just in those five months that I've been here, I've seen incredible interest, it is just skyrocketing...

Latest News

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery....