Regional

The Civil Defence Commission (CDC) in Guyana said on Tuesday evening that several analyses and modelling were conducted of the potential threat of an oil spill from the FSO NABARIMA (bearing Venezuelan flag) which is listing with 173,000 tons...

(Marine Link) Venezuelan state oil company Petroleos de Venezuela (PDVSA) plans to offload crude from the Nabarima floating oil facility via ship-to-ship (STS) transfer amid environmental concerns, two people familiar with the matter said on Monday. The Nabarima, part of...

The Civil Defence Commission (CDC) in Guyana and the Caribbean Disaster Emergency Management Authority (CDEMA) are closely monitoring a Venezuelan-flagged tanker anchored in the Gulf of Paria near Trinidad and Tobago, which is under threat of spilling 1.3 million...

Oceaneering International Inc. announced Tuesday that it has been awarded a BOP tethering services contract offshore Brazil from Petrobras. The contract duration is one-year with the option to extend for an additional year. The scope of work includes data acquisition...

The appraisal programmes for Suriname’s first two deepwater discoveries have been submitted to state oil company Staatsolie as the South American country looks to forge ahead with development of its offshore oil resources. Suriname’s first offshore discovery at the Maka...

BP announced on Monday that production has begun from its Block 61 Phase 2 Ghazeer gas field in Oman, 33 months after the development was approved. The company said Ghazeer was initially expected to come into production in 2021. The...

Malaysian oil and gas company Petronas has spudded its first well - Sloanea-1 - offshore Suriname at Block 52 where it has farm-down 50% of its interest to US oil major ExxonMobil. Denmark-based drilling rig operator Maersk Drilling is carrying out...

(Reuters) - Venezuela’s state-run Petroleos de Venezuela has boosted crude blending and upgrading to their highest levels in six months, according to company documents seen by Reuters on Wednesday, as exports rise despite strict U.S. sanctions. The upgraders are...

Wells that once tapped the world’s largest crude reserves are abandoned or left to flare toxic gases that cast an orange glow over depressed oil towns in Venezuela, the New York Times said in a recent report. Refineries that once...

(S&P Global) Brazil's Supreme Court maintained 2018 regulations that allowed state-led oil company Petrobras to sell exploration and production assets, in a majority decision handed down Oct. 2. This decision gave the company its second consecutive court victory in support...