Petrobras, in collaboration with the Geological Survey of Brazil (SGB) and 10 regional universities, commenced a scientific expedition to unlock the potential of the Equatorial Margin, hailed as the new frontier in oil and gas exploration. Petrobras said the expedition,...

TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, following the completion of a major redevelopment project. This restart marks a major moment for Denmark, as the Tyra hub, at plateau, is...

PERTH, Australia--(BUSINESS WIRE)--Woodside has completed the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan).1 The completion follows Woodside’s announcement on 8 August 2023 that it had established a strategic...

Guyana Shore Base Inc. (GYSBI) said it achieved a milestone of 250 days without Loss Time Injuries (LTIs) and has also successfully delivered and placed 1,000,000 cm³ of sand at the Wales, West Bank Demerara site, which is being...

KOTUG Guyana, a local subsidiary of KOTUG International, on March 20 welcomed Dr. Martin Pertab, Director of the Local Content Secretariat (LCS), and his team aboard the SD Power, a state-of-the-art Offshore Terminal tug, at the Guyana Shore Base...

Touchstone Exploration Inc. has released its financial and operating results for the three months and year ended December 31, 2023. The company reported significant achievements and milestones in its annual performance.  In the fourth quarter of 2023, Touchstone said it...

Norway-based energy research and business intelligence company, Rystad Energy, expects there to be five new awards for floating production, storage and offloading (FPSO) vessels over the next five years for Guyana.  This was stated in a January 2024 whitepaper South...

Eco Atlantic Oil & Gas' Chief Executive Officer (CEO) Gil Holzman says its future partner in the Orinduik Block offshore Guyana could secure as much as 75% stake in the acreage.  Eco is the sole owner of the block but...

MAN Energy Solutions said it was commissioned by MODEC to deliver eleven RB-type compressor trains for a Brazil-bound floating production, storage and offloading (FPSO) vessel.  Offshore Frontier Solutions Pte. Ltd. a MODEC Group company, was started in partnership with Toyo...

Data from Guyana’s Ministry of Natural Resources indicates that in the month of February, ExxonMobil’s Liza 1 and 2 developments demonstrated the steadiest output at their respective peak ranges since production began. Payara was also stable with just a...