Keppel Shipyard copped a US$2.8 billion deal from Brazil’s state-owned Petrobras for the engineering, procurement, and construction (EPC) of a new floating oil platform – P-83. Scheduled for delivery in H1 2027, the P-83 is a repeat order of the...

Guyana’s oil sector has been on an upward trajectory since production began in 2019 from ExxonMobil’s Liza Phase 1 development. And now, the International Monetary Fund (IMF) sees the country’s oil sector gross domestic product (GPD) growing over 100%...

Trinidad and Tobago’s National Budget, which was presented on Monday by Minister of Finance, Colm Imbert, contained new measures to help revive the country’s oil and gas sector. An impending major development is a review of T&T’s fiscal regime to...

TotalEnergies said it has again been selected by QatarEnergy to partner in a mega liquefied natural gas (LNG) project. The energy major had been chosen as the first partner for the 32 million ton per annum (Mtpa) North Field East (NFE) LNG project earlier...

As oil and gas activities ramp up offshore Guyana, so does marine traffic traversing the country’s main channel – the Demerara River – and the government is working to ensure it can facilitate the rapid change. At present, the Demerara...

The Trinidad and Tobago government committed since last year to conduct an in-depth review of the fiscal regime governing its upstream petroleum sector, said Chief Executive Officer of the Energy Chamber of Trinidad and Tobago, Dr. Thackwray Driver. But...

TechnipFMC said Shell granted it a significant engineering, procurement, construction, and installation (EPCI) contract for the Jackdaw development in the United Kingdom (UK) North Sea. Shell took its final investment decision (FID) on Jackdaw in July after securing regulatory approvals....

By Terrence Blackman, PhD and Utamu Bell – OilNOW The fourth episode of the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium's (CPC) Webinar Series, "Transforming Guyana," got underway on Wednesday, September 14, with a discussion centered around "Guyana's...

TotalEnergies has contracted McDermott for engineering, procurement, supply, construction, installation (EPSCI), pre-commissioning, and assistance to commission and start up its Begonia Project offshore Angola, the latter said on Tuesday. The Begonia field is located in water depths between 400 and...

As oil and gas deliveries from Russia dwindle in wake of the war in Ukraine, Germany, Europe's biggest oil consumer, has been scrambling to find new sources of energy which has seen rare imports in recent months from countries...