The prospect of bringing natural gas to shore in Guyana for the primary purpose of fueling power plants to produce low-cost electricity remains a project ExxonMobil is passionate about but the company says no final decision has yet been...

As discussions continue about the prospect of bringing natural gas to shore in the South American country of Guyana, authorities say such a move must be economically feasible and part of a transition to renewable energy, in keeping with...

As Guyana moves closer to first oil in 2020, US super-major ExxonMobil and authorities in the South American country have been mulling the feasibility of diverting natural gas from the production reservoir offshore, to land, for electricity generation. ExxonMobil Country...

Guyana’s rapidly expanding offshore oil and gas industry is creating growing demand for maritime professionals, making careers in the sector increasingly important to the country’s economic future, according to SBM Offshore Guyana Country Manager Martin Cheong. Addressing students and job...

Petronas’ gas discovery at the Sloanea field has strengthened Suriname’s push for more offshore natural gas exploration, Minister of Oil, Gas and Environment Patrick Brunings has said. Brunings told Platts, part of S&P Global Commodity Insights, that the discovery...

Suriname is positioning its offshore sector as a low-cost, low-carbon investment opportunity as it considers incentives to attract more oil and gas exploration capital, Minister of Oil, Gas and Environment Patrick Brunings said. Brunings told Platts, part of S&P Global...

Brazilian oil company, Petrobras, announced more than R$70 billion (US$13.6 billion) in investments in Sergipe on May 29 during President Luiz Inácio Lula da Silva’s visit to the company’s fertilizer plant in Laranjeiras, Brazil.  Petrobras credits stronger Brent prices, fuel...

Guyana’s consideration of a national oil and gas data repository could improve how seismic and drilling information is managed as offshore exploration expands beyond the Stabroek Block. The Guyana government first signaled plans for a petroleum data repository in 2023,...

Offshore safety zones are controlled maritime areas set around oil and gas installations to reduce risks to infrastructure and seafarers. They are a standard feature of offshore production and expand as activity increases in marine environments. Safety zones are established...

Subsea7 has secured a substantial contract from Noble Energy EG Ltd, a subsidiary of Chevron, for subsea installation work on the Aseng Gas Monetization Project offshore Equatorial Guinea. Subsea7 classifies a substantial contract as one valued between US$150 million and...