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Ghana’s Sentuo Oil Refinery to train Guyanese engineers

Ghana's Sentuo Oil Refinery has pledged to train 12 Guyanese engineers or engineering students. The commitment was made following President Irfaan Ali’s official visit, during which he attended the refinery’s Jan. 26 commissioning. Guyanese engineers are a highly sought-after...

Petrobras said it surpassed production milestones in 2023

Brazilian state-owned oil and gas company Petrobras said it has exceeded its strategic 2023-27 guidance, achieving new oil and gas production milestones in 2023.  Petrobras said it achieved a total oil and natural gas production of 2.78 million barrels of...

Essential Utilities Completes Sale of Allegheny County Microgrid and District Energy Projects to Cordia

Essential and subsidiary Peoples to focus on core mission as regulated utility, continue supporting local innovations that provide region with safe, reliable, sustainable energyPITTSBURGH--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) today closed the sale of its three non-utility microgrid and...

QatarEnergy in new 15-year deal to supply LNG to Bangladesh

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh.  Under the SPA, Excelerate will purchase up to one million tons per annum (MTPA)...

Guyana to invite bids this year for monitoring Exxon’s oil production – Jagdeo 

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...

Young says Trinidad targeting deepwater bid round this year 

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...

Petrobras cops OTC distinguished achievement award for deepwater innovations

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 publishes final model contracts for new licensees 

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...

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote ONLY on the WHITE Proxy Card “FOR” All of Ocean Power Technologies Board Nominees

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 plc anticipates robust free cash flow generation in 2024

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...

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DOF secures over US$15 million in vessel contracts for CARICOM region

Norwegian offshore services company DOF Group has secured contracts worth between US$15 million and US$25 million for two anchor...