President of Guyana David Granger on Wednesday said that the South American country is keen on cooperating with Qatar not only on building oil and gas capacity but also on realising trade and education opportunities.
The president was at the...
Oil continues to flow in the South American country of Guyana, where so far for 2019, the second most discovered resources have been made globally, with Russia topping the charts at number 1.
Oil and gas companies have discovered 7.7...
Flaring and venting in the Permian Basin has stabilized in the range of 600 million to 650 million cubic feet per day (MMcfd), according to Rystad Energy’s preliminary data for the third quarter of 2019.
Venting is gas release without...
Bristow Group Inc. said on Monday the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company's Amended Plan of Reorganization and indicated that it will enter a written order to this effect. The Company expects to consummate...
(Reuters) - Suriname’s state-owned oil firm said on Friday it had signed a production-sharing agreement for the onshore Weg Naar Zee (WNZ) block with Britain-based oil and gas exploration company Columbus Energy Resources.
In a statement, the company, Staatsolie Maatschappij...
Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract using a wireless underwater intervention drone and an ROV.
This contract will make Equinor the first user of technology expected to be completed in 2020.
“This is...
Adopting a different format geared towards maximising interaction with the public, ExxonMobil Guyana staged an ‘open house’ on its proposed 220,000 barrels per day Payara project on Monday, September 30 at the Pegasus Hotel in the country’s capital, Georgetown.
The...
Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO.
Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air compressors,...
Explorers on the Canje Block offshore Guyana are targeting two prospects for drill campaigns in 2020 according to co-venturer Total.
The Bulletwood and Jabillo wells, located in the north-west portion of the block, are two in a series of campaigns...
The billions of dollars from oil production and multitude of opportunities opening up to the South American country of Guyana “will pale into insignificance” if the nation’s 750,000 people fail to unite.
Director of Guyana’s Department of Energy, Dr. Mark...