Bourbon Mobility vessels – the Sirocco FSIV and the Surfer 2609 have been brought on to support Saipem’s liquefied natural gas (LNG) project on the Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal. The Italian multinational is constructing a mega...

(S&P Global Platts) The UK on June 14 launched its first CO2 storage licensing round aimed at supplementing existing licenses and becoming a "global leader" in the field, with as many as 100 storage sites eventually needed. Regulator, the North...

With only two and a half years as an oil producer, Guyana has been taking firm steps to steer clear of the commonly made mistakes and pitfalls of the petroleum industry thus far. This, according to the British High Commissioner...

Following the request for proposals in relation to partner selection for the North Field East (NFE) liquified natural gas project, TotalEnergies has been awarded a 25% interest in a new joint venture (JV), alongside national company QatarEnergy (75%). The...

The World Bank’s latest economic assessment has found that the new oil producing country of Guyana is experiencing an increasingly serious shortfall in its labour market, as training offerings have not adapted to the emerging needs of the economy. The...

Guyana is expecting more than 150 international and local companies to participate in the International Building Expo, set to take place July 22-24 at the National Stadium, Providence, East Bank Demerara. The expo will create an opportunity for local, regional,...

The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway. This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening...

By 2027, ExxonMobil is set to ramp up production at Guyana’s Stabroek Block to around 1.2 million barrels of oil per day (bpd). This will make the South American country the highest per capita oil producer in the world. As...

Sources in the global oil industry have disclosed that ExxonMobil, Total Energies SE, and Royal Dutch Shell are among the top investors eyed to come aboard Qatar’s mega liquefied natural gas (LNG) expansion project. Qatar Energy’s North Field expansion project is expected...

The oil and gas resources discovered offshore Guyana since 2015 continue to play a key role in Hess Corporation’s portfolio and investor spending. The company has a 30% interest in the ExxonMobil-operated Stabroek Block offshore Guyana where nearly 11 billion...