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Petrobras discovers hydrocarbons in Santos Basin’s Aram Block offshore Brazil 

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Petrobras has identified hydrocarbons in the pre-salt Santos Basin at an exploratory well in the Aram block. The discovery was made at well 4-BRSA-1395-SPS, located 245 km off the coast of Santos, São Paulo, at a water depth of...
News

SBM Offshore and Microsoft partner on AI-powered floating power solutions

OilNOW -
SBM Offshore has announced a global collaboration with Microsoft to develop AI-powered floating power solutions. The partnership aims to deliver standardized, carbon-free electricity to meet the increasing demand for reliable and affordable energy. The collaboration will integrate Microsoft’s AI, cloud...
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Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

OilNOW -
Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program for the Bell 525 helicopter in Guyana's oil and gas sector. The evaluation, set to last...
News

Regulator designates anchor-free zone around Exxon’s undersea gas pipeline 

OilNOW -
Guyana’s Maritime Administration Department (MARAD) has designated a 500-meter buffer zone around an offshore pipeline installed by ExxonMobil Guyana, warning mariners that the area is an anchor-free zone and urging extreme caution when navigating nearby. The regulator said the pipeline...
Stories Beyond the Barrel

From sugar estate to offshore drilling; here’s Stephen Moonasar’s journey

OilNOW -
Stephen Moonasar’s career path took an unexpected turn—from the sugar estates of Guyana to a drill ship nearly 200 kilometers offshore. His story is a testament to how skills training and opportunity can transform lives. “I was born in the...
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MODEC Guyana to publish RFIs for key offshore services

OilNOW -
MODEC Guyana has announced its intent to publish Requests for Information (RFIs) for various offshore services over the next six months.  The list includes industrial gas services, fire pump performance tests, oil and gas laboratory analysis, and transformers, all set...
News

Guyana’s gas development has a complex road ahead

OilNOW -
With over 17 trillion cubic feet of natural gas—and counting—discovered in Guyana’s Stabroek Block, the government is now focusing on its development. However, the process is a bit more complex than oil production. With ExxonMobil’s experience, the government’s goal...
News

Shearwater GeoServices to conduct 4D survey offshore Guyana for ExxonMobil

OilNOW -
ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. The survey, set to begin in the first half of 2025, will use Shearwater’s seismic vessel as a...
News

Suppliers scope out potential opportunities at SBM Offshore’s Let’s Talk Local Content Forum 

OilNOW -
Suppliers eager to play a role in Guyana’s oil and gas sector through SBM Offshore Guyana listened earnestly as the company outlined potential opportunities at its Let’s Talk Local Content Forum.  The event capped a week of oil and gas...
News

Saipem and Subsea7 announce merger to form global offshore powerhouse

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Saipem and Subsea7 have signed a memorandum of understanding (MoU) for a potential merger, aiming to create a dominant player in the subsea and offshore engineering and construction (E&C) sector. The new entity, Saipem7, would have a combined backlog of...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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