MODEC Guyana has launched two workforce development initiatives to prepare Guyanese for careers supporting the country’s offshore oil industry. While both programs are designed to lead to long-term employment with the company, they target different applicants and follow different...

Three subsea structures fabricated by Navantia UK have been installed offshore Trinidad and Tobago as part of infrastructure being delivered for Shell’s Manatee gas development. Navantia UK said on July 17 that a pipeline end termination structure and two adjustable...

Recent exploration and licensing activity indicates that investors are positioning Suriname as a long-term offshore growth market rather than a country dependent solely on the GranMorgu oil project, according to Rystad Energy. The research firm said the central question is...

Guyanese businesses seeking to enter the oil and gas supply chain do not need decades of industry experience to compete, but they must demonstrate that they have the systems, compliance standards, and business discipline required to work with international...

Before Guyana approves an offshore oil development, operators must first estimate the greenhouse gas (GHG) emissions expected from the project. Those projections form part of the environmental impact assessment (EIA), providing regulators with an early picture of a project's...

Shell’s move into Venezuela’s Loran gas field could help create a wider Caribbean gas corridor centered on Trinidad and Tobago’s energy infrastructure, according to Rystad Energy. The research firm said Loran could connect Venezuela’s offshore gas resources with available liquefied...

Halliburton will expand its role in Saudi Arabia’s unconventional gas sector after securing a multi-year contract from Saudi Aramco to provide integrated stimulation and completion services for the Kingdom’s growing gas development program. Under the agreement, Halliburton will deliver drilling...

A billion-dollar offshore industry moving at record speed is giving Guyana a role beyond oil production. The country's deepwater developments are becoming a proving ground for technologies designed to accelerate resource discovery, enable remote operations, and improve recovery from...

Once largely associated with the construction of floating production, storage and offloading (FPSO) vessels, fabrication has emerged as an area where Guyanese businesses are capitalizing on opportunities within the oil and gas supply chain. Rather than competing only for one-time...

SLB OneSubsea has been selected to provide the subsea production system for 13 wells at Eni’s Baleine Phase 3 deepwater development offshore Côte d’Ivoire.  The engineering, procurement and construction (EPC) contract, announced by SLB on July 13, covers the delivery...