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TechnipFMC wins 3 yr contract for well intervention in Australia

TechnipFMC has entered into a three-year agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. According to a World Oil report, under the agreement, TechnipFMC will...

ExxonMobil says royalty, terms apply to entire Stabroek block offshore Guyana

The royalty and terms outlined in the production sharing contract between ExxonMobil and Guyana will apply to the entire area known as the Stabroek block, located 120 miles offshore the South American country. The US supermajor had applied for,...

Local content expert to work with Guyanese private sector

Business operators in Guyana eager to get involved in the country’s emerging oil and gas sector will soon benefit from the input of a local content specialist. OilNOW understands the Guyana government is hiring the expert based on the completion...

Fugro boosts specialist oil & gas services in Guyana

Fugro is to boost its marine site characterization services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The new relationship will facilitate training for Guyanese...

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Two oil nations, one engineering crisis: Guyana short, Trinidad shrinking

The challenge of producing and retaining engineers is playing out in two different ways in Trinidad and Tobago and...