The Guyana government is expected to invite bids this year for the monitoring of daily oil production data from ExxonMobil’s Stabroek block projects.  Vice President Bharrat Jagdeo, during his Jan. 25 press conference, told reporters that funds were allocated for...

Trinidad’s Minister of Energy and Energy Industries, Stuart Young, announced that the country is expected to launch a deepwater bid round this year to shore up its gas resources.  “We are committed to sustaining production through investment in our hydrocarbon...

The Offshore Technology Conference (OTC) has bestowed Petrobras with the distinguished achievement award for companies, organizations, and institutions, recognizing the company's advancements in the revitalization of the Marlim Field and the broader deepwater Campos basin.  OTC said the accolade underscores...

Guyana’s Ministry of Natural Resources published the final model contracts to be awarded to winners of its first offshore licensing, on Jan. 26.  The contracts are expected to be applied to eight blocks - two deep water and five shallow...

Both Leading Independent Proxy Advisory Firms – ISS and Glass Lewis – Now Recommend Voting “FOR ALL” of the Board’s Highly Qualified and Experienced Nominees OPT Continues to Urge All Holders to Vote ONLY on the WHITE Proxy Card Today...

Tullow Oil released a statement ahead of its 2023 full year results, highlighting its operational and financial performance in 2023 and outlining its outlook for 2024. During 2023, Tullow achieved a full-year working interest production average of approximately 63,000 barrels...

Oilfield services giant Schlumberger (SLB) has achieved a net profit of US$4.2 billion in 2023, marking a 22% increase and establishing a record year for its Middle East operations in terms of revenue. The company posted a total revenue...

France-based marine seismic data company CGG has agreed with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks.  The project, covering blocks 25a, 25b, 26, and 27...

DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has increased its share repurchase authorization announced on July 25, 2022 to $750 million, a $250 million increase from the...

PARIS--(BUSINESS WIRE)--Technip Energies, a leading Engineering & Technology company for the energy transition, announces the following Executive Committee appointments: Chief Digital and Information Officer Naïla Giovanni, has been appointed to the newly created position of Chief Digital and Information Officer (CDIO),...