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SBM Offshore to study carbon capture solutions for Petrobras FPSOs

SBM Offshore has secured a contract to study carbon capture solutions for Petrobras' future floating production, storage, and offloading (FPSO) units. The study will evaluate the design and commercial feasibility of various carbon capture system configurations for FPSOs operating...

Trinidad hopeful new exploration will uncover nearly 60 tcf of gas

Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of natural gas.  “Exploration resources stand at 58.84 tcf and offer much promise for the exploration to be undertaken by successful companies...

Over 600 students converge at National Sports Hall for SBM Offshore Guyana’s Mousetrap Competition 

Energy filled the National Sports Hall as teams from 12 secondary schools across Guyana competed on Thursday for first place at the 3rd Guyana-Monaco Mousetrap Car Grand Prix competition, the largest ever since its inception.  Paramakatoi Secondary, Abram Zuil Secondary...

Suriname must reject complacency as it prepares for first offshore oil development – Santokhi

Suriname’s President Chandrikapersad Santokhi says the country must reject complacency and a culture that tolerates mistakes as it prepares for its first offshore oil development. “As a nation, we must reject the mentality that accepts mistakes and shortfalls as usual,”...

Ruling issued on Gas-to-Energy project dispute

A ruling has been issued in the dispute between the Government of Guyana and Gas-to-Energy contractor, Lindsayca/CH4. The matter was referred to the Dispute Avoidance and Adjudication Board (DAAB) on September 19, 2024. In a statement on Monday, the Office...

TGS and Petrobras launch advanced imaging centers for Brazil’s offshore oil basins

TGS, a global leader in energy data and intelligence, has launched advanced imaging centers in collaboration with Petrobras, Brazil’s state energy giant, to enhance Ocean Bottom Node (OBN) and 4D imaging capabilities for the Campos and Santos basins. The centers,...

Guyana gov’t allocates US$245 million to complete Gas-to-Energy project

The Guyana government allocated US$245 million (GY$51 billion) for the Gas-to-Energy project in its 2025 budget. The landmark project will use offshore natural gas for power generation, reducing emissions and giving the government the fiscal space to slash consumer...

Offshore EPC contract awards projected to reach US$54 billion in 2025 amid challenges

The offshore oil and gas industry is expected to see a slight 1% year-on-year growth in engineering, procurement, and construction (EPC) contract awards in 2025, reaching US$54 billion, according to Westwood Global Insights.  This increase is supported by 53 field...

SBM Offshore seeks local suppliers for coverall production

Guyana Deep Water Operations Incorporated (GDO), the local affiliate of SBM Offshore, has issued a Request for Information (RFI) to identify Guyanese manufacturers capable of supplying construction-grade coveralls. The company aims to engage local suppliers to meet its operational needs...

From hockey to health and safety: Michael Harding’s path to offshore success

Michael Harding, Assistant Safety Officer aboard the Prosperity floating, production, storage, and offloading vessel (FPSO), offers a unique perspective on the oil and gas industry. “The great part about safety is that you're working with every department,” he explained...

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...