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MatPal Maritime Institute to host oil and gas career forum

Guyana’s MatPal Maritime Institute (MPMI) will be hosting a Career Forum to inform the public of training and employment opportunities within the oil and gas and maritime industry. The forum will take place on Wednesday, January 29, 2020 at the Critchlow Labour College Auditorium in Georgetown. Following welcome and opening...

Potential for giant oil and gas fields remains greatest on South America’s Atlantic margin

The presence of giant oil and gas fields in South America, stretching all the way from the Santos basin in the south to the Guyana-Suriname basin to the north, have long been known, with estimates of tens of billions...

Offshore helicopter giant created with Bristow, Era merger

Bristow Group Inc. and Era Group Inc. (NYSE:ERA) announced Friday that they entered into a definitive agreement to combine the two companies in an all-stock transaction, creating a financially stronger company with enhanced size and diversification. The combined company, which...

MoU signed between India and Brazil for oil and gas exploration

(Offshore Technology) Indian Prime Minister Narendra Modi’s Union Cabinet has approved a memorandum of understanding (MoU) on co-operation in the oil and gas sector. As part of the MoU, the two countries will focus on exploration and production (E&P) and...

Guyana offshore is like a ‘city lit up at night’ – Liam Mallon

In just four years the deepwater off the coast of Guyana has seen a significant uptick in traffic with the ramp up of exploration in the prolific Stabroek Block and the preparation and start of the Liza Phase 1...

Block 58 explorers look to Sapakara for continued success offshore Suriname

Apache and Total, 50-50 partners in Suriname’s Block 58, said their next well – Sapakara West-1 - will test the same-aged upper Cretaceous intervals that brought them success at Maka Central-1, in a separate and distinct stratigraphic feature. Sapakara is...

Suriname discovery contains 300 million barrels of oil, over 1 trillion cubic feet of gas – WoodMac

UK-based global energy consultancy group Wood Mackenzie says based on its estimate the discovery announced last week off the coast of Suriname could contain hundreds of millions of barrels of oil and over a trillion cubic feet of gas,...

China opens up oil and gas exploration, production for foreign, domestic firms

(Reuters) - For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing looks to...

ExxonMobil moving to plug and abandon Gippsland Basin wells offshore Australia

US oil major ExxonMobil is moving to plug and abandon five Whiting wells, located in the Gippsland basin offshore Australia in an exercise set to begin in March. The Noble Tom Prosser jack-up rig will permanently plug and abandon the...

Potential for ‘prolific oil wells’ seen in historic discovery offshore Suriname

Apache’s historic oil discovery offshore Suriname has opened a new chapter in the potential of the Guyana-Suriname basin which the US Geological Survey (USGS) has long said could contain more than 13.6 billion barrels of oil and 32 trillion...

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Petrobras, partners secure long-term access to gas processing facility in Bahia

Petrobras and three private-sector gas producers have extended long-term access agreements for natural gas processing at the Catu Natural...