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SLB Launches Carbon Storage Screening and Ranking Solution

New service will drive accelerated growth of safer and economic carbon storage projectsABU DHABI--(BUSINESS WIRE)--SLB (NYSE: SLB) today launched its carbon storage screening and ranking solution that increases confidence in site selection decisions based on scientific analysis of the...

Exxon targeting more crude at Bluefin-1

ExxonMobil Guyana has commenced exploration drilling operations at the Bluefin-1 well site, situated within the Stabroek Block of Guyana's Exclusive Economic Zone, as announced by Guyana's Maritime Administration Department. This move comes as part of the company's vigorous exploration...

ANP approves pre-salt exploratory blocks in Santos Basin for upcoming bid rounds

The Board of Directors of Brazil's National Petroleum Agency (ANP) has given its approval to the geological and economic studies of three exploratory blocks situated in the pre-salt region of the Santos Basin. These blocks, known as Amazonita, Safira...

TechnipFMC secures “significant contract” to supply flexible pipes for Petrobras’ pre-salt fields

TechnipFMC has announced that it has been awarded a substantial contract to provide flexible pipes to Petrobras for use in the pre-salt fields located offshore Brazil. In TechnipFMC's terms, a "significant" contract typically falls within the range of US$75...

Trini trade mission of 31 companies coming to Guyana in October

The Trinidad and Tobago Manufacturers Association (TTMA) has announced a trade mission to Guyana from October 3 to 7, 2023. The mission, led by TTMA's President, Roger Roach, aims to fortify ties between the two Caribbean Community (CARICOM) nations...

Evergy reaches unanimous settlement with parties to Kansas rate case

Including this case, Evergy’s Kansas electric rates have only increased 1% since 2017KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NASDAQ: EVRG) today announced that a unanimous agreement has been reached with parties to its Kansas rate case. The agreement was filed...

Equinor, Ithaca take FID for US$3.8 billion Rosebank development on UK continental shelf

Equinor and Ithaca Energy have made the final investment decision to move forward with Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS). The investment for this project will total an impressive US$3.8 billion. The North Sea...

Woodside hires KBR to modify Pluto LNG Train

KBR announced today that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture.   Woodside has a 90% stake, while Kansai Electric and Tokyo...

Guyana will hire company to track oil production

Guyana's Vice President, Dr. Bharrat Jagdeo, says government will be looking to establish an independent mechanism for monitoring ExxonMobil’s oil production. During a September 21 press conference, Dr. Jagdeo stated, "The next steps are to go to tender, a...

Shell, bp consortium set to explore TT deepwater blocks 

A consortium comprising BP and Shell has inked an agreement with Trinidad and Tobago, greenlighting the exploration of three deepwater blocks—25a, 25b, and 27—for hydrocarbon production. Trinidad and Tobago's Minister of Energy, Stuart Young, confirmed that the cabinet has approved...

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Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as...