Showing results for:

Petronas to launch 257-day drilling campaign offshore Suriname in June

Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were disclosed in documents submitted to the country’s National Institute for Environment & Development (NIMOS), according to a report in Upstream...

Guyana receives seven bids for phase 2 of Gas-to-Energy project

Guyana on Monday received seven bids for the second phase of its landmark Gas-to-Energy project, which includes the design, construction, and operation of a 300-megawatt (MW) combined cycle power plant and a natural gas liquids (NGL) facility with a...

Gas pipeline to be built for industrial park in Berbice – Guyana Finance Minister 

A second natural gas pipeline will be built to land in Berbice, Guyana’s Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh said on Wednesday. The second pipeline would follow one Exxon installed last...

Petrobras discovers hydrocarbons in Santos Basin’s Aram Block offshore Brazil 

Petrobras has identified hydrocarbons in the pre-salt Santos Basin at an exploratory well in the Aram block. The discovery was made at well 4-BRSA-1395-SPS, located 245 km off the coast of Santos, São Paulo, at a water depth of...

SBM Offshore and Microsoft partner on AI-powered floating power solutions

SBM Offshore has announced a global collaboration with Microsoft to develop AI-powered floating power solutions. The partnership aims to deliver standardized, carbon-free electricity to meet the increasing demand for reliable and affordable energy. The collaboration will integrate Microsoft’s AI, cloud...

Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program for the Bell 525 helicopter in Guyana's oil and gas sector. The evaluation, set to last...

Regulator designates anchor-free zone around Exxon’s undersea gas pipeline 

Guyana’s Maritime Administration Department (MARAD) has designated a 500-meter buffer zone around an offshore pipeline installed by ExxonMobil Guyana, warning mariners that the area is an anchor-free zone and urging extreme caution when navigating nearby. The regulator said the pipeline...

From sugar estate to offshore drilling; here’s Stephen Moonasar’s journey

Stephen Moonasar’s career path took an unexpected turn—from the sugar estates of Guyana to a drill ship nearly 200 kilometers offshore. His story is a testament to how skills training and opportunity can transform lives. “I was born in the...

MODEC Guyana to publish RFIs for key offshore services

MODEC Guyana has announced its intent to publish Requests for Information (RFIs) for various offshore services over the next six months.  The list includes industrial gas services, fire pump performance tests, oil and gas laboratory analysis, and transformers, all set...

Guyana’s gas development has a complex road ahead

With over 17 trillion cubic feet of natural gas—and counting—discovered in Guyana’s Stabroek Block, the government is now focusing on its development. However, the process is a bit more complex than oil production. With ExxonMobil’s experience, the government’s goal...

Latest News

Chevron says US$2.2B Q1 earnings “solid” despite disruptions

Chevron reported first-quarter earnings of $2.2 billion on Friday, down from $3.5 billion a year earlier, but said performance...