The companies that were successful in the recently concluded Suriname bid round are now to submit their exploration work programme the head of state oil company, Staatsolie Maatschappij Suriname N.V. told OilNOW.
Chevron Exploration Suriname Limited and a consortium consisting of...
The topsides lifting campaign for the Liza Unity FPSO was completed in March 2021 with over 26,000 tons of topsides lifted in position since the vessel came out of dry-dock in October of last year. Both Keppel and Dyna-Mac...
(S&P Global Platts) Continued signs of global economic recovery from the coronavirus pandemic should prompt further demand growth for oil and natural gas, not only for second-half 2021 but for 2022, big oil services provider Baker Hughes' top executive...
Halliburton Company announced on Tuesday that its second quarter (Q2) revenue increased 7% sequentially as both North America and international markets continued to improve, and operating income grew 17% with solid margin performance in both divisions.
The company recorded net income of $227 million...
(Reuters) - Global miner BHP Group is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The...
If the Paris Agreement’s goal of bringing global temperature to 1.5 to 2 degrees Celsius, then key steps have to be taken such as a robust price on carbon says Managing Director of the International Monetary Fund (IMF), Kristalina...
The Guyana Shore base Inc. (GYSBI) the largest such facility providing support services to the offshore oil and gas operations in the country, said on Tuesday it is an equal opportunity employer with a diverse workforce and that no...
In addition to providing more affordable energy, the US$900 million Gas-to-Energy project being pursued by the Guyana government in partnership with ExxonMobil will also provide an avenue for the advancement of industrialization in the new oil producing country.
This is...
ExxonMobil boasts a bellwether status in the energy space and an optimal integrated capital structure that has historically produced industry-leading returns, says investment research firm Zacks in an analysis published on Nasdaq this week.
“Management's track record of capex discipline...
Annand Jagesar, Managing Director of Suriname’s state oil company, Staatsolie Maatschappij Suriname, is encouraging Guyana to pursue basin opportunity upgrades by way of independent surveys that would provide authorities with a better understanding of the prospective resources of offshore...
