Brazil’s newest addition to its offshore oil platform fleet – the Anna Nery – has left the BrasFELS Shipyard, in the city of Angra dos Reis (RJ), en route to the Campos Basin for its expected 2023 start-up.
The new...
Petrobras copped a US$1.9 billion (R$10.3 billion) payment after selling a 5% stake of the Buzios Field, in the pre-salt of the Santos Basin to China’s CNOOC Petroleum.
The amount already includes the adjustments provided for in the contract, after...
The government of Trinidad and Tobago is expected to issue a decision on the lone four bids it got from its recent deepwater oil block auction which saw 17 blocks up for grabs.
Energy Minister, Stuart Young, recently made the disclosure.
Young told...
Vowing to put systems in place to prevent what he called ‘fronting’ and ‘renting’ of citizens, Minister of Natural Resources, Vickram Bharrat, rebuked the practices as unfair to Guyanese who have stayed and worked in Guyana to make the country...
Guyana’s Ministry of Foreign Affairs and International Cooperation named a 16-person team for upcoming hearings in the border case with Venezuela, to be held at the seat of the International Court of Justice (ICJ) headquarters, at the Peace Palace...
What will it take for Trinidad and Tobago to fix its economy? It is the question Economist and Senior Lecturer at the University of the West Indies, Dr. Roger Hosein continuously ponders when reflecting on the state of affairs...
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...
