By Chevy Devonish
In the first article of this column, I indicated the intention to map and distill the entirety of the legal framework directly (specifically governs oil and gas production and related activities) and indirectly (does not directly govern...
Seatrium has awarded the American Bureau of Shipping (ABS) a classification contract for Petrobras' newbuild floating production storage and offloading (FPSO) platforms, P-84 and P-85. Final delivery is expected by 2029. These are the first FPSOs following the ABS...
The prolific oil and gas industry in Guyana has been a focal point of economic development, fueling numerous opportunities for locals to participate and thrive.
One such success story is that of Kevin Sawh, a 25-year-old who recently graduated as...
The Multipurpose Floater C (MPF C) Fast4Ward hull reserved by SBM Offshore for Suriname’s US$9 billion offshore development is being fabricated by China Merchants Heavy Industry (CMHI). TotalEnergies reserved the hull in June.
According to a July 12 Upstream Online...
Petrobras has signed an agreement with Brazil’s antitrust authority Cade, amending its natural gas and refining divestment deals. These deals, originally inked in 2019 during Jair Bolsonaro's administration, aimed to reduce Petrobras' dominant market position.
In a statement, Petrobras affirmed...
The Gas to Energy project in Guyana will feature a state-of-the-art control center in Eccles, East Bank Demerara, to improve nationwide power reliability. This center will employ real-time monitoring to identify and address power outages promptly.
Vice President Bharrat Jagdeo...
Touchstone Exploration Inc. announced that its Trinidadian subsidiary, Primera Oil and Gas Limited (POGL), has entered into Exploration and Production (Public Petroleum Rights) Licences for the Cipero and Charuma blocks. These licenses became effective on July 1, 2024.
The Cipero...
Chevron is leveraging new technologies to accelerate offshore energy development, significantly reducing timelines and costs. According to Matt Johnson, a field development and portfolio optimization specialist at Chevron, using field development optimization tools is proving to be a game-changer....
Guyana's Vice President Bharrat Jagdeo said ExxonMobil has communicated to the government its prioritization of gas development.
“Exxon has said, ‘we have moved this up to a priority now.’ We now have a company that is interested in moving it...
The Kersten Group of Companies announced the official opening of the Kersten Training Academy, an OPITO-certified training center focused on the onshore and offshore oil and gas industry in Suriname.
Kersten said the academy offers high-quality, mandatory energy and industry-related...
