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Fifteen teams gear up for Tech Innovation showdown in SBM Offshore Guyana’s 2023 Challenge

OilNOW -
Fifteen teams in Guyana are set to compete in the 2023 Innovation Challenge organized by the Office of the Prime Minister's Industry and Innovation Unit. The challenge, launched on Tuesday by Minister of Public Affairs, Kwame McCoy, is being...
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SBM Offshore Guyana marks 10th Annual Life Day with focus on Safety and Environment

OilNOW -
SBM Offshore Guyana celebrated its tenth annual Life Day on June 27, 2023. The event, held under the theme 'Observe and Intervene,' focused on raising awareness about the environment and potential hazards while stressing the importance of accident prevention...
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NGC expands presence in Trinidad’s gas industry with upstream asset acquisitions

OilNOW -
The National Gas Company of Trinidad and Tobago Limited (NGC) has taken a significant step forward in expanding its footprint in the country's gas industry with a series of strategic acquisitions of upstream gas assets.  NGC, through its wholly owned...
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CGX announces discovery at Wei-1 in second successful campaign offshore Guyana

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CGX Energy Inc. and Frontera Energy Corporation announced on Wednesday an oil discovery at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore Guyana. The Joint Venture said it has successfully finished drilling operations without any safety...
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Pipeline installation underway for Guyana’s Gas-to-Energy project

OilNOW -
Pipelaying activities are ongoing near the West Bank of Guyana’s Demerara River to facilitate the Gas-to-Energy project.  A notice from Guyana’s Maritime Administration (MARAD) noted that the DB Rewa vessel has joined operations and is scheduled to conclude activities on...
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Shallow water potential offshore Suriname revealed with 3D seismic survey data

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A recent 3D seismic survey on Suriname’s offshore acreage has revealed the Dutch-speaking nation’s shallow water exploration potential. This is according to CGG - a geotechnical data service provider that completed the five-phase seismic survey alongside CGS and BPC.  “CGG’s...
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Subsea 7 seeking logistics firms as pipelaying for Gas-to-Energy begins

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Subsea 7, one of the two companies hired for pipelaying service for Guyana’s Gas-to-Energy project is on the hunt for local logistics firms, according to a public Expression of Interest (EOI). Subsea 7 was hired alongside Dutch contractor Van Oord...
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Total-Exxon deal to develop Guyana-Suriname gas resources a real possibility

OilNOW -
It may be a far way off, but the Guyana government is setting the stage for the development of gas resources with Suriname, if the companies decide to go that way.  The latest development, in this regard, is a proposed...
News

SBM Offshore’s new build FPSO receives $1.615 billion project financing for Mero Field in Brazil

OilNOW -
SBM Offshore has announced the successful signing of a project financing agreement for the FPSO Alexandre de Gusmão, totaling a significant amount of US$1.615 billion. The financing has been secured through a consortium of 12 international banks, with insurance...
News

FPSO Sepetiba embarks on journey to boost Brazil’s offshore oil production

OilNOW -
China's BOMESC shipyard bid farewell to the FPSO Sepetiba on June 16 marking a significant milestone for SBM Offshore, one of the world's leading providers of floating production, storage, and offloading (FPSO) units.  The vessel embarked on its journey to...
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TotalEnergies identifies additional wells to sustain GranMorgu plateau production

PARAMARIBO, SURINAME – TotalEnergies has identified additional wells that will be drilled to sustain plateau production at its landmark...

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