QatarEnergy’s latest oil find offshore Namibia has added fresh weight to the Orange Basin’s growing status as one of the world’s most closely watched frontier oil provinces. The company announced that the Merlin-1X exploration well in Petroleum Exploration License 39...

SLB’s OneSubsea joint venture has secured a contract from bp to supply a subsea boosting system for the Thunder Horse development in the deepwater Gulf of America.  According to a release issued June 8, the award covers engineering, procurement, and...

ExxonMobil Guyana will continue deepwater development operations at the Uaru and Whiptail fields in the Stabroek Block, supported by anchor handling tug (AHT) and firefighting vessels, according to Notices to Mariners issued on June 11. The Maritime Administration Department said...

Mud plant expansion is leading Halliburton Guyana Inc.’s latest round of contracting opportunities, with the company opening multiple procurement exercises across infrastructure and equipment supply. The company published several Expressions of Interest (EOIs) through Guyana’s Local Content Register, covering projects...

Petrobras has signed an agreement with Equinor to acquire a 50% stake in the Itaimbezinho offshore exploration block in Brazil’s Campos Basin, strengthening an existing partnership in one of the country’s key oil-producing regions.  The deal, announced in a June...

Barbados’ offshore acreage could hold more than 13 billion barrels of oil in place, based on seismic surveys and technical assessments, as the country advances direct negotiations for exploration licences across 19 offshore blocks.  The figure adds scale to the...

Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving forward with one of the country’s largest ultra-deepwater exploration areas. The contract was signed on Monday,...

ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa Ali, made the statement during a ceremony marking the completion of the first floating production,...

Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by Saipem Guyana, aimed at supporting its offshore and onshore operations linked to developments in the Stabroek Block. The opportunity was published...

A Guyanese team has completed high-pressure process piping fabrication for the Liza Unity FPSO with zero harm, zero weld defects and zero repairs required. The achievement was announced at a ceremony in Guyana to mark the completion of the Water...