Australian company BHP announced that it has made commercial discovery of hydrocarbons offshore Trinidad and Tobago during the first quarter of 2019, on the heels of a gas discovery at the Bongos-2 well in the north last year. The find...

(Bloomberg) -- "With great power comes great responsibility," said Uncle Ben in the famous Marvel Comic turned blockbuster film Spider-Man (2002). Chevron Corp.’s acquisition of Anadarko Petroleum Corp. gives it access to the popular Permian Basin, in addition to...

GAC Shipping, Logistics and Marine Services has opened an office in Guyana in response to demand for professional shipping and logistics support following the discovery of large reserves of oil and gas offshore the South American country. To provide local...

Some 24 young Guyanese who have been given the opportunity to work with US oil major ExxonMobil on its giant Liza project offshore the South American country are looking forward to joining the team that will bring first oil...

Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS), the company contracted by SBM Offshore to build the Fast4WardTM hull for the Liza Unity FPSO, has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu. Seatrade Maritime News reports...

(Reuters) - Petroleum production costs on the Norwegian continental shelf rose in 2018 after falling for three consecutive years, state-owned oil firm Petoro said on Thursday. Cost cuts were high on oil firms’ agenda following a sharp fall in crude...

Houston-based Apache Corporation is set to spud its first well offshore Suriname by mid-year in Block 58 which sits adjacent to sections of the prolific Stabroek Block where ExxonMobil has found more than 5.5 billion barrels of oil equivalent. Apache...

A total of 25 Guyanese, including three women, graduated from the TOTALTEC Academy on February 21, 2019, bringing the number of persons to complete the one-year old programme to over 100. The graduating class is now trained and ready to...

- Hemichand Morgan talks about life at sea When you are the father of four children under 10 years old, being unemployed with no job in sight can stretch your endurance to the limit. Not long ago, Guyanese, Hemichand Morgan, was...

Indonesia's upstream regulator SKK Migas has announced a significant gas discovery by a Repsol-led consortium at Sakakemang PSC onshore Central Sumatra. Wood Mackenzie's Research Director Andrew Harwood provides the following commentary: "Repsol's Kali Berau Dalam-2 well re-entered after well control problems...