US marine transportation service provider Edison Chouest Offshore launched its G-Boats (Guyana) Inc. office in the South American country of Guyana on Friday. Edison Chouest entered Guyana in January 2016 with three vessels and has now increased its fleet to...

(Hart Energy) State-controlled oil company Petroleo Brasileiro, also known as Petrobras, said on Oct. 24 it had started production on its eighth platform in the offshore Lula Field, Brazil's most productive, as it ramps up output from the Santos...

Saipem, in consortium with Petrofac and Samsung, has been awarded a new Onshore E&C contract in Thailand for the expansion of the Sriracha refinery. The total value of the project is approximately 4 billion USD. In a press release on...

(Xinhua) -- The New Zealand government has introduced a bill to give effect to its decision to halt the offering of new offshore oil and gas exploration permits, and has kept its commitment to protect existing permits. Prime Minister Jacinda...

Guyana’s largest pension fund and health insurance body; the National Insurance Scheme (NIS), has begun targeting companies registering in the emerging petroleum sector to ensure that employees’ benefits are being paid. At the agency’s 49th Anniversary ceremony on Friday, September...

Chairman of Repsol Antonio Brufau said the Spanish major is placing increased emphasis on natural gas as a “big pillar” in its overall strategy, since the commodity will best allow the company to meet the four key energy objectives...

Eco-Atlantic Oil & Gas said it is encouraged by the latest ExxonMobil oil discovery at Hammerhead-1 in the Stabroek Block offshore Guyana. Hammerhead-1 is said to be located seven kilometres from the boundary with the Orinduik block, where Eco...

Wood Mackenzie contends that Brazil's mature Campos basin oil fields could produce an extra 230,000 boepd with the right investment, reports Rigzone. Spending $8 billion to redevelop the mature oil fields in Brazil’s Campos basin rather than incurring that amount in decommissioning...

With aim of reducing control of country’s NOC and curbing conflicts of interest With a view to eliminating conflicts of interest and wresting power from its National Oil Company, Angola has created a new agency to manage its oil and...

CNOOC Limited on Thursday announced its 2018 interim results for the six months ended June 30, 2018. In the first half of the year, the Company maintained efficient oil and gas production operations with progress and successfully achieved its target. The...