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Chinese oil & gas companies come big at OTC

A number of Chinese companies participated in the 48th Offshore Technology Conference (OTC), which kicked off Monday in Houston. Although the organizer did not give an exact number of Chinese companies attending this conference, it is a fact that more...

Largest oil & gas conference in the world opens with focus on Mexico, Brazil

Houston’s Offshore Technology Conference, the industry’s largest annual summit, opened today with a keynote from Richard Morrison, BP’s regional director for the Gulf of Mexico, the first of many focusing on new technologies and strategies to rebuild the offshore...

Apache hits dry well offshore Suriname

Apache Oil and Gas Corporation has failed to find commercial quantities of oil at its Kolibrie-1 well, offshore Suriname. The closely-watched drilling operations took place 129km off the coast of the South American country, in Block 53. The Noble Douglas drill...

CGX back in the game; looking to drill 6 wells over next 2yrs offshore Guyana

Canadian-based oil and gas exploration company CGX Energy Inc. will soon recommence exploration work offshore Guyana and aims to drill as much as 6 wells over the next two years. CGX had come up empty-handed on previous attempts to...

Stolen oil & gas revenue benefits elite few – Transparency International

Money generated from oil and gas production finding its way into the pockets of corrupt officials is a key reason many countries rich in this precious resource, remain poor. According to Transparency International, over the next 20 years, it is expected...

BP starts up onshore compression project in T&T

BP Trinidad and Tobago LLC (bpTT) announced on Thursday the start-up of the Trinidad onshore compression (TROC) project - one of seven major upstream projects BP expects to bring online in 2017. Full start-up will take place over the next...

Former Alberta Premier urges full transparency in Guyana’s oil & gas industry

During the recent inaugural Oil and Gas Conference and Exposition hosted by the Guyana Oil and Gas Association (GOGA), held at the Guyana Marriott Hotel in Georgetown, (March 26-28, 2017) participants (including various stakeholder groups and Government Officials) were...

Guyana Oil & Gas Association takes lead in preparing for sustainable and competitive investment in Guyana

Guyana is fast becoming the premier location in the Oil and Gas Industry as the magnitude of oil reserves located 120 miles offshore the South American country is becoming more evident. The resilient “third-world” country has actively began mobilizing resources...

Essequibo 1899: Name of Hammerhead FPSO rooted in boundary award that shaped Guyana’s borders

The floating production, storage and offloading (FPSO) vessel for ExxonMobil Guyana’s Hammerhead development has been named Essequibo 1899, anchoring one of the country’s newest offshore projects to a pivotal moment in its history. The name, selected by President Irfaan Ali,...

Guyana fabricators support Hammerhead FPSO with 100 ton steel output

A hundred metric tons of steel for ExxonMobil’s Hammerhead floating production, storage and offloading (FPSO) vessel has been fabricated in country, signaling another win for Guyana’s local content efforts.  The achievement, marked by a steel-cutting ceremony earlier today, was executed...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...