News

bp is selling its mature offshore gas fields in Trinidad and Tobago to focus on shallow water, deepwater, and cross-border gas opportunities. The company said it has entered into an agreement with Perenco to divest its Immortelle, Flamboyant, Amherstia,...

U.S. oil major ExxonMobil says it has implemented innovative technologies for the Jaguar floating production storage and offloading vessel (FPSO) which will support its Whiptail development in Guyana. The FPSO is being built by Dutch floater specialist, SBM Offshore. The...

ExxonMobil has awarded Noble Corporation an additional 4.8 rig years of backlog under the Commercial Enabling Agreement (CEA) in Guyana, the drilling expert said on Sept. 4 in its fleet report.  This extends the contracts of four Noble drillships—Noble Tom...

Suriname’s state oil company Staatsolie plans to host an auction for every year until all of its offshore acreage is under contract.  Its Managing Director, Annand Jagesar, disclosed this to OilNOW in an exclusive interview at its headquarters in Suriname’s...

The Stena Carron has commenced appraisal drilling at the Hammerhead-4 well at the Stabroek Block offshore Guyana. This is according to the country's Maritime Administration Department.  Drilling activities are expected to conclude at the end of October. Exxon announced a...

The Guyana Energy Conference and Supply Chain Expo officially launched the fourth edition of the country’s flagship event, set to be held February 18-21, 2025 at the Marriott Hotel in Georgetown.  Themed ‘Connecting the Dots: Integrating the Future, 82 companies...

Trinidad and Tobago’s natural gas production has rebounded following maintenance activities by three major producers, the Ministry of Energy and Energy Industries (MEEI) said in a September 2 release.  This follows an OilNOW report that output in June was 1.96...

ExxonMobil is pushing the boundaries of offshore exploration in Guyana, leveraging cutting-edge technology to optimize its floating production storage and offloading (FPSO) units. As one of the newer offshore frontier regions, Guyana has become a focal point for Exxon,...

Alicia Bess Anderson, Advisor for ExxonMobil Guyana, highlighted the profound impact of the Greater Guyana Initiative (GGI) during a recent episode of the Energy Perspectives Podcast. This initiative, a collaboration between Stabroek Block co-venturers Exxon, Hess and CNOOC, aims...

With TotalEnergies starting the groundwork for Suriname’s first offshore oil development, the company in its environmental and social impact assessment (ESIA) underscored the importance of the country being realistic with its local content targets.  “Unmet expectations about employment opportunities may...