Regional

Dutch floater specialist, SBM Offshore, says it is progressing well with the construction of three major floating production, storage and offloading (FPSO) vessels for Brazil. Despite the lingering economic impacts of COVID-19 which is still impacting the pace of work, SBM Offshore said FPSO Sepetiba’s integration and commissioning activities...

By Dr. Riyad Insanally - OilNOW On November 17-22, 2022, the International Court of Justice (ICJ) will hear submissions from Guyana and Venezuela on the latter’s objections to Guyana’s case seeking to uphold the validity and binding nature of the...

Staatsolie Hydrocarbon Institute (SHI), a wholly owned subsidiary of Staatsolie Maatschappij Suriname N.V., has announced the launch of a competitive bid round of six new blocks in the Demerara acreage of Suriname. It said the blocks are located east to the current offshore discoveries,...

Staatsolie announced last week that the first group of 30 students attended a ceremonial launch of an 18-month technical training programme. The ‘Oil & Gas Kopprogramma’ at the Institute of Natural Sciences (NATIN) is being offered through a collaboration between...

In a four-day span, Brazil’s state oil producer, Petrobras, announced that it discovered oil in two Santos Basin wells. The first discovery was made during a training test at the pioneer well 1-BRSA-1381-SPS (Curaçao) in the pre-salt of the southwestern...

When the 2022 United Nations Climate Change Conference, more commonly referred to as COP27, gets underway next week, global leaders must once and for all, outline a clear roadmap for providing vulnerable nations with vital financing for climate adaptation. This...

TotalEnergies – operator of Suriname’s offshore Block 58 held its Q3 Earnings Conference last Thursday to appraise shareholders of its massive US$6.6 billion haul for the quarter. But its Chief Financial Officer (CFO), Jean-Pierre Sbraire, made no mention of any intended final...

Luiz Inácio Lula da Silva has won Brazil’s presidential election. Following the transfer of power in Brazil, Latin America’s largest democracy, myriad reforms are expected in the energy sector. Arthur Deakin, analyst and Director for Americas Market Intelligence (AMI) Energy Practice,...

Stacked against each other, international investors will tell you that they favour Guyana’s oil prospects over Suriname’s, and even those of legacy producer, Trinidad and Tobago, says energy analyst, Arthur Deakin. The Director for Americas Market Intelligence (AMI) Energy Practice made this statement as part...

The National Gas Company (NGC) of Trinidad and Tobago Limited (NGC) has disclosed its recent achievement of the Gold Standard status of reporting under the global Oil and Gas Methane Partnership 2.0 (OGMP 2.0). This status is attained by companies...