TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP announced on Wednesday the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the...
U.S. oil major Chevron has signed a Production Sharing Contract (PSC) with Suriname state oil company Staatsolie Maatschappij Suriname for block 5 offshore the South American country.
By entering the PSC, Staatsolie said Chevron has been granted exploration, development and...
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vessel Coral do Atlântico.
The Brazilian-registered vessel has been secured on a three-year contract, with an option to...
(The Washington Post) The stench of gasoline burned through Verónica Barboza’s nose as she stood by the edge of Lake Maracaibo, one of the largest lakes in South America, on a recent afternoon.
The soles of her shoes, she said,...
Suriname, Guyana's neighbour to the east, is looking to draft its local content policy by early 2022. Disclosing this was the country’s Minister of Natural Resources, David Abiamofo during his keynote address at the Suriname International Petroleum and Gas...
Big international oil companies such as ExxonMobil, BP and Equinor opted not to participate in Brazil’s 17th bid round as the global pandemic rages on and the energy transition curbs investor enthusiasm.
Brazil sold just five of the 92 blocks...
New oil producer Guyana has been rapidly adding barrels to its discovered resources since 2015 catapulting the country to the number three position for proven oil reserves in the Latin America-Caribbean region.
Crude oil reserves in Venezuela amounted to nearly...
By Arthur Deakin – OilNOW
This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices have tripled due to a fall in inventory meeting...
By Guyana’s Ministry of Foreign Affairs and International Cooperation
October 3 is a special day to Guyana and to Venezuela. It is special to the rule of law internationally. It is special to peace and justice worldwide.
122 years ago, on...
APA Corporation announced on Wednesday the results from appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies, the operator, holding a 50% working interest.
Keskesi South-1, drilled...
