ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. The survey, set to begin in the first half of 2025, will use Shearwater’s seismic vessel as a...

Suppliers eager to play a role in Guyana’s oil and gas sector through SBM Offshore Guyana listened earnestly as the company outlined potential opportunities at its Let’s Talk Local Content Forum.  The event capped a week of oil and gas...

Saipem and Subsea7 have signed a memorandum of understanding (MoU) for a potential merger, aiming to create a dominant player in the subsea and offshore engineering and construction (E&C) sector. The new entity, Saipem7, would have a combined backlog of...

Five offshore exploration wells and two geological surveys are planned for Suriname in 2025, Staatsolie confirmed. Operators TotalEnergies, PETRONAS, Shell, Chevron, and QatarEnergy will drill across multiple blocks. In Block 58, TotalEnergies and APA Corporation continue development after their final...

SBM Offshore reported a record directional EBITDA (earnings before interest, taxes, depreciation, amortization) of US$1.9 billion for 2024, a 44% increase from the previous year. The earnings were driven in part by ExxonMobil’s purchases of the Prosperity and Liza Destiny...

SBM Offshore said the Almirante Tamandaré is formally on hire as of February 16. The floating production, storage and offloading (FPSO) vessel is the first in Brazil to have the Sustainability-1 Notation from Bureau Veritas. The Notation recognizes the Company’s...

Guyana’s Local Content Secretariat (LCS) will launch its App on Friday, Feb 21, at SBM Offshore Guyana's Let's Talk Local Content forum. The event will cap off an exciting week of engagement on oil and gas activities at the...

Interest in the development of gas resources offshore Guyana is ramping up as evidenced by the day two presentations at the Guyana Energy Conference and Supply Chain Expo. The conversation shifted to how the new oil producing country can...

ExxonMobil said it has identified more associated gas resources in Guyana’s Stabroek Block to more than double its intended supply for the Gas-to-Energy project. J Hunter Farris, Exxon’s Senior Vice President, Deep Water made the announcement during a presentation at...

ExxonMobil plans to pipe gas from the proposed Hammerhead development project to shore. This will provide an additional gas supply to support Guyana’s plans to expand its Gas-to-Energy (GtE) project.  The Environmental Protection Agency (EPA) on Monday published the Hammerhead...