Regional

Exploration

Unlocking potential of Suriname’s 30 billion boe could be transformational – Legal Advisor

OilNOW -
The most striking news to emerge from Suriname’s recently concluded Energy, Oil and Gas Summit (SEOGS) 2022 was uttered by the Vice President of Offshore at Staatsolie, Glenn Corrie – that 30 billion barrels of oil equivalent awaits discovery in the South American nation’s...
News

Anna Nery FPSO in voyage to Brazil

OilNOW -
Petrobras said last Friday that the Anna Nery floating production storage and offloading (FPSO) vessel began its voyage to Brazil, from the Cosco Qidong shipyard in China. The platform is expected to start producing oil in 2023 in the...
News

Rich countries have “no moral authority” to tell Guyana, Suriname, T&T to keep oil in the ground

OilNOW -
The climate crisis has seen wealthy countries that have built and transformed their economies with oil and gas, calling on countries in Africa, South America and the Caribbean, to hold off on developing their hydrocarbon resources. Calls have mounted for...
Discoveries

Despite multiple discoveries, no timeline yet for first oil in Suriname

OilNOW -
Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID). Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...
News

T&T opens bid round; one nearshore, 10 onshore blocks up for grabs

OilNOW -
Trinidad and Tobago’s prime onshore and nearshore oil blocks are up for grabs as the twin-island republic launched a fresh competitive bid round, running up to January 9, 2023. All interested bids must be submitted by that deadline. Information from T&T’s...
Discoveries

Petrobras wildcat strikes oil in Brazil’s pre-salt

OilNOW -
Petrobras said it found oil at the pioneer well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) in the pre-salt of the southern part of the Campos Basin. The well is 230 kilometers (km) from the city of Rio de Janeiro-RJ, in...
News

Could Block 58 become the next Stabroek?

OilNOW -
Controlled by TotalEnergies and APA Corporation, Block 58 has churned out major discoveries – five thus far. Though few, compared to Guyana’s Stabroek Block, the discoveries have piqued investor interest leaving a lingering question – could Block 58 become...
Exploration

Suriname’s upcoming bid round: 8 million acres of shallow water blocks up for grabs – Staatsolie

OilNOW -
Investors have already lined up to grab Suriname’s deepwater blocks when the auction opens later this year. But Staatsolie’s Offshore Vice President, Glenn Corrie is urging that attention also be paid to the shallow water auction set for 2023. That...
News

Caribbean leaders unwavering in support of Guyana’s sovereignty

OilNOW -
Following the culmination of the annual Heads of Government meeting of the Caribbean Community and Common Market (CARICOM) in Suriname, leaders issued a communique reiterating the regional body’s support for Guyana’s sovereignty and territorial integrity, as Venezuela persists with...
News

US$100M marine port facility for Suriname as oil discoveries surge offshore

Shikema Dey -
Increased deepwater action offshore Suriname has created a need for large port facilities to service the nation’s expanding oil and gas industry. Three companies; the Emirati-based DP World, HJ de Vries Project Development N.V. and FIRM Engineering N.V. have partnered to fill...
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Second phase of Berbice training facility progressing with extended timeline

The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant,...

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