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...

Guyana’s Vice President Dr. Bharrat Jagdeo says the country has improvements to make in its natural resource governance structure, but that he is generally satisfied with the efforts made thus far by the government. Jagdeo, who is the government's chief...

Ben van Beurden is stepping down from his role as Chief Executive Officer (CEO) at Shell, at the end of the year. Wael Sawan, Shell’s Integrated Gas, Renewables and Energy Solutions Director, has already been tapped to take up the...

TechnipFMC said that TotalEnergies awarded it a significant engineering, procurement, construction, and installation (EPCI) contract for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. The contract is valued somewhere between US$75 million and US$200 million. TechnipFMC will reconfigure and install umbilicals and...

The small South American country of Guyana, unknown to the world of oil and gas just seven years ago, is now one of the most active regions globally even as companies opt for less risk which is seeing a...

As the Guyana government and the Stabroek Block co-venturers move forward to develop the Gas-to-Energy project, costs could exceed US$2 billion. This is based on the sum of cost estimates for the onshore plants and the pipeline. ExxonMobil estimates...

All eyes will be on Guyana come September when the country opens its first offshore bid round. This will be a major step for Guyana, a country that has never handed out oil licenses through a competitive process. Oil and...