News

ExxonMobil Guyana said on Wednesday that the upgraded and repaired discharge silencer of the third stage flash gas compressor and a new venturi were safely installed on the Liza Destiny FPSO. The first phase of testing was also successfully...

(Reuters) - Indian Oil Corp., the country's top refiner, has made its first purchase of Guyana's Liza light sweet crude as it seeks to diversify its crude purchases, a source familiar with matter said. The 1-million-barrel cargo will set sail...

Guyana-based consultancy firm Environmental Management Consultants Inc. (EMC) and Acorn International, LLC, a US-based international firm focused on environmental and social risk and logistics management for industries and investors worldwide, have established a partnership to offer an integrated package of...

Even as Trinidad and Tobago pursues green initiatives such as a solar utility project and the first world scale green hydrogen project, representing its initial introduction into a green economy, the government is intent on ensuring the country’s hydrocarbon...

TechnipFMC announced Tuesday that it has been awarded a substantial subsea contract by Petrobras for the Búzios 6-9 fields. Located in the Santos basin offshore Brazil, these fields are part of the pre-salt area, with a water depth of 2,000...

(S&P Global Platts) A mostly transparent VLCC market is witnessing an increase in deals being concluded privately as a dismal freight market is offering charterers the luxury to quietly pick and choose their preferred owners as well as keep...

As authorities in Guyana forge ahead with the establishment of a local content policy that is likely to be backed up by legislation, the largest oil and gas company operating in the South American country is making it clear...

Norway-based integrated marine geophysical company PGS has been awarded a significant 4D acquisition contract by ExxonMobil for work offshore Guyana where over 9 billion barrels of oil equivalent resources have been found since 2015. A Titan class vessel is scheduled to...

The unprecedented series of oil strikes in the deepwater offshore Guyana are being described by a global consultancy firm as ‘pearls on a string’ that is now stretching all the way to its next-door neighbour Suriname where the government...

Eco (Atlantic) Oil & Gas Ltd. announced on Monday that it has closed a transaction with JHI Associates Inc. (JHI), a private company incorporated in Ontario and headquartered in Toronto, Canada, for Eco to acquire up to a 10%...