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Venezuela oil worker on house arrest after criticizing Maduro

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(Reuters) - Venezuelan authorities granted house arrest to a worker at state oil company Petroleos de Venezuela who was detained nearly a year ago after criticizing President Nicolas Maduro in a meeting with company leadership, the worker’s family said...
News

Huge explosion hits gas pipeline in Venezuela, minister blames it on attack

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(Reuters) - A tract of a gas pipeline in eastern Venezuela suffered an explosion on Saturday afternoon, according to a report from state oil company PDVSA seen by Reuters, an incident the country’s oil minister blamed on an attack. The...
News

Siemens awarded EPC contract for South America FPSO

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Siemens Energy said Friday it was awarded a topside EPC contract by MISC Berhad for eight complete topside modules that will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression...
News

Development of mega Guyana-Suriname shore base facility must be pursued – Staatsolie boss

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With Guyana and Suriname poised for significant expansion in their offshore oil exploration and production activities, the need for adequate shore base facilities will become more pressing and therefore needs to be urgently addressed. This point was raised on...
Exploration

Disappointment for Tullow as Suriname well fails to deliver commercial crude

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Tullow Oil said on Thursday the Goliathberg-Voltzberg North (GVN) exploration well, drilled in Block 47, offshore Suriname, has reached total depth and encountered good quality reservoir but only minor oil shows. The Stena Forth rig drilled the GVN prospect to...
Exploration

Guyana discoveries redefining Caribbean region’s oil potential – Dr. Anthony Bryan

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With 18 discoveries offshore Guyana equating to nine billion barrels of recoverable oil resources, the record-making results of oil exploration in the South American country has resulted in the re-examination of the Caribbean region as an oil-rich area. This is...
News

PEMEX discovers billion-barrel oil field in Mexico

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(Bloomberg) --Petroleos Mexicanos (PEMEX) discovered what’s expected to be a billion-barrel oil field in Tabasco as it aims to reverse a decade and a half of sinking production. The new field at the southern part of the Gulf of Mexico,...
News

Total-Apache FID for Suriname Block 58 expected this year – analyst

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Total and Apache are expected to make their Final Investment Decision (FID) to develop oil fields at Block 58 offshore Suriname later this year in what experts say could be the second fastest ramp up in oil production activities...
News

Tullow plans to ‘unlock value’ from Guyana oil block, Suriname well results expected soon

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Tullow Oil said on Wednesday it is working with its partners offshore Guyana to develop plans for unlocking value from the Kanuku licence. The company also announced that drill results from the Goliathberg-Voltzberg North well at Block 47 in...
News

Deeper probe of Keskesi East-1 encounters ‘substantial pressure’, Noble drillship released

OilNOW -
APA Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today updated the operational status of the Keskesi East-1 discovery well offshore Suriname. As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper Cretaceous-aged...
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An inside look at the complex nature of moving a drillship 

Relocating a drillship requires careful planning and execution, according to Richard Wells, International Logistics Manager at Stena Drilling, who...

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