(Reuters) Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).
Chinese state...
Brazil state-oil company Petrobras has made a discovery of high-quality crude at the Búzios field, in the Santos Basin. The company confirmed Tuesday the presence of “oil of excellent quality” with the drilling of the 9-BUZ-48D-RJS well.
The well is...
Sulzer Pumps UK have awarded GE Power Conversion a contract to supply the motors for the four water injection pumps which will equip a future Floating Production Storage and Offloading (FPSO) vessel. These will be very specific high power...
Bahamas Petroleum Company has spudded the Perseverance #1 well in The Bahamas, targeting P50 prospective oil resources of 0.77 billion barrels, with an upside of 1.44 billion barrels.
The company said on Monday the well was drilled on December 20 at...
The award of oil and gas acreage in 2021 is expected to be dominated by countries like Guyana and Suriname which, like just a handful of some other territories, have captured high interest in the industry over the last...
The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, a subsidiary of Canadian energy exploration company Touchstone Exploration on Friday December 18, 2020. Primera, acting on...
By Arthur Deakin
Royal Dutch Shell, the third-largest oil company in the world, saw several clean energy executives quit after disagreeing about the speed of the company's energy transition. The Financial Times reported that the departing executives wanted to see...
Dutch engineering company Fugro has received a contract award from PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of PETRONAS, for the provision of positioning services for an exploration programme in Block 52, off the coast of the capital Paramaribo...
The unprecedented oil exploration success in Guyana is raising hopes for countries throughout the region and this is seeing a renewed emphasis being placed on the search for black gold.
An independent evaluation of Prospective Resources offshore Jamaica prepared by Gaffney...
Staatsolie Maatschappij Suriname N.V., Suriname’s state oil company, is celebrating its 40th Anniversary in a year that has seen almost 70 years of oil exploration culminating with four major deepwater oil discoveries and the opening of the offshore potential...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
