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SBM Offshore welcomes Almirante Tamandaré: Brazil’s Largest FPSO

SBM Offshore has officially welcomed the FPSO Almirante Tamandaré into its fleet.  This vessel is now the largest floating production storage and offloading unit operating in Brazilian waters, SBM Offshore announced via LinkedIn.  Guyana, Brazil lead FPSO market growth, investment rises...

Excel Guyana targets workforce development to meet oil & gas demands, sets sights on new manpower division

Excel Guyana Inc. is expanding its workforce solutions to bridge critical skills gaps in Guyana’s oil and gas industry, preparing to launch a new manpower and crew management division tailored to the sector’s onshore and offshore needs. With demand...

Guyana, Suriname to remain engaged on potential gas collaboration

South American neighbours Guyana and Suriname are emerging as key regional players in the oil and gas industry with growing discoveries off their coasts and multiple projects on the horizon. Three are already in production on the Guyana side...

‘Cutting-edge’ gas turbines arrive in Guyana, pushing Gas-to-Energy project closer to completion 

LNDCH4 Guyana announced the arrival of two advanced gas turbines from Sweden, marking an important step in Guyana’s Gas-to-Energy project. The turbines will be installed at the project’s site in Wales, West Demerara. They will form the core of...

Petronas expected to FID Block 52 gas development – Staatsolie Head 

Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said.  Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration...

Gas-to-Energy pipeline mechanically completed, ready to introduce natural gas – Routledge 

The pipeline for Guyana’s Gas-to-Energy project is set and ready to introduce natural gas from the Liza field to onshore facilities at Wales, West Bank Demerara. Providing an update, ExxonMobil Guyana President, Alistair Routledge said that the pipeline has been...

Exxon’s Hammerhead project to feature first converted unit offshore Guyana since Liza Destiny

Hammerhead, Guyana’s 7th Stabroek Block development will be utilizing a converted unit for its floating, production, storage and offloading vessel (FPSO). This is according to ExxonMobil Guyana President, Alistair Routledge.  Hammerhead would be the first project after Liza Phase 1...

PETRONAS launches seismic survey in Suriname’s Offshore blocks 63 and 52

PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of the Malaysian energy giant, has announced plans to conduct a 3D seismic acquisition across Offshore Block 63 and the Ironman Prospect in Block 63/52, Suriname. This follows the signing of the...

Guyana congratulates Suriname as interest in gas monetization grows

Guyana’s Vice President, Bharrat Jagdeo, said he looks forward to the potential “shared infrastructure” Guyana and Suriname can have as contiguous states with significant petroleum resources.  TotalEnergies recently announced its final investment decision (FID) for the Block 58 Gran Morgu...

TotalEnergies makes final investment decision for historic deepwater project offshore Suriname

Suriname President Chandrikapersad Santokhi promised prosperity for Surinamese, and a principle of leaving no one behind, as the final investment decision was made for the first-ever offshore oil development at Block 58.  "Our policy, and this should apply to any...

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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...