(Hart Energy) Eni SpA has confirmed the start of production from the supergiant Zohr Field, which puts Egypt on course to become an energy exporter with the field’s more than 30 trillion cubic feet of potential gas in place. Startup...

SBM Offshore said on Wednesday that on December 19, 2017 it completed the project financing of FPSO Liza Destiny for a total of US$720M. The project financing was secured by a consortium of twelve international banks. The Company expects to draw the...

The Guyana Government has identified two sites in Regions Four and Six for the construction of a new power generation facility, utilizing natural gas to be had from offshore oil production activities. The revelation was made by Minister of Public...

Total SA (FP.FR) said on Monday that it has signed several agreements with Angola's national oil company Sonangol, covering oil-and-gas exploration, production, refining and processing activities in the country. Following the agreements, Total and Sonangol will jointly restart deep offshore...

Guyana will be looking to ramp up its preparation for first oil in 2018 with a number of key initiatives being placed on the front burner according to the country’s Minister of Natural Resources, Raphael Trotman. Speaking at a symposium...

French oil and gas major Total would have to review its Iran gas project if the U.S. decided to impose unilateral sanctions on Tehran, given the company’s assets in the U.S. market, its chief executive told CNN. The oil major...

(Bloomberg) The $1 trillion fund that Norway has amassed pumping oil and gas over the past two decades wants out of petroleum stocks. Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to...

(4-Traders) In a few months, Brazil's federal government will start receiving crude oil from a huge field, known as Libra, off the coast of Rio de Janeiro. But the government has no tanker ships to unload oil from the...

Oil and gas manpower services provider El Dorado Offshore (EDO) is collaborating with the Carnegie School of Home Economics in Guyana, for the creation of a training programme in Offshore Catering and Hospitality. Sixteen candidates, between the ages of 19...

Dutch floater specialist, SBM Offshore, the same company contracted by ExxonMobil affiliate Esso Exploration & Production Guyana Limited to build an FPSO, has been caught up in corruption cases in Brazil that are now proving to be costly. The company...