Increasing oil and gas production and exploration from the offshore fields and the rising development of shale drilling regions are expected to drive the demand for the offshore mooring market. Innovation of new technologies for development of new systems in...

Guyanese firm, Ground Structures Engineering Consultants Inc. and Dutch company, Fugro, are forging ahead with a new partnership in the South American country’s emerging oil and gas sector. Already, several Guyanese are receiving specialized training in sea survival and...

Guyana’s Minister of Natural Resources, Raphael Trotman, on Wednesday disclosed that while Crab Island is considered to have some comparative advantages for the establishment of an onshore supply base for the country's emerging oil and gas industry, no final decision...

SBM Offshore has received the prestigious 2017 Offshore Technology Conference (OTC) Spotlight on New Technology award. OTC recognizes innovative technologies each year with this accolade. This awards program is exclusively for OTC exhibitors and showcases the latest and most advanced...

Several dozen people attended a discussion on Guyana's emerging oil and gas industry on Wednesday afternoon in East Berbice, Region 6. This is the same geographic area the Guyana government has signaled plans to have an Onshore Supply Base established,...

During a recent state visit by Guyanese officials to the United Kingdom, British investors signalled their intention to invest in Guyana’s oil and gas sector. Late April, First Vice President and Minister of Foreign Affairs, Carl Greenidge accompanied Guyana's...

Fugro is to boost its marine site characterization services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The new relationship will facilitate training for Guyanese...

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...

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 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...