Guyana and Brazil remain key to Dutch floater specialist, SBM Offshore. The company in its 2022 Annual Report outlined that it is taking a “disciplined and selective” approach to market opportunities, focusing on the main floating, production, storage and offloading...

DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2022. For the quarter, the Company generated a net loss of $114 million, or $0.24 per diluted...

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly owned subsidiary of Sembcorp Marine Ltd. (Sembcorp Marine), intending to...

Technology is a major facet in oil and gas development and remains an integral part of ExxonMobil’s deepwater operations in Guyana’s offshore Stabroek Block. Liam Mallon, President, ExxonMobil Upstream Company attested to this during an exclusive interview with OilNOW. “…at the...

Ten blocks and two clusters of discovered resource opportunities (DRO) are up for grabs as Malaysia joins the list of countries looking to maximise offshore oil development. The Malaysia Bid Round 2023 (MRB 2023) is themed “Winning the Energy with...

The reliability of the floating production, storage and offloading vessels (FPSOs) in the ExxonMobil-operated Stabroek Block, remains unmatched. So said its Upstream President Liam Mallon during an interview with OilNOW. “…these facilities are running as reliable or more reliable than...

Brazil’s state-owned Petrobras has entered a deal with Alcatel Submarine Networks and Maersk consortium to build and install a permanent seismic monitoring system (PSMS) in the offshore Mero Field, Santos Basin. “The Mero PSMS project has unprecedented features in Brazil...

As thousands converged at the Marriott Hotel for the International Energy Conference and Expo 2023 last week, the Government of Guyana launched its Guyana Energy Brief 2023. The Magazine outlines Guyana’s Energy Outlook, Transformation of the Upstream Market, Growth of...

Liam Mallon, President of ExxonMobil Upstream Company sat down with OilNOW last week in Georgetown, Guyana to discuss the company’s operations in the South American country where it has so far found around 11 billion barrels of oil equivalent...

Guyana’s advocacy for continued oil and gas development will not falter soon, said its Vice President Dr. Bharrat Jagdeo. On the opening day of the just concluded International Energy Conference, Dr. Jagdeo reiterated that countries like Guyana including neighbour Suriname...