Guyana’s repayment for the US$1 billion invested in the Gas-to-Energy project does not start until it is commissioned. ExxonMobil Guyana President, Alistair Routledge, made this point during an April 30 press briefing.
Reports in a section of the media had...
In a filing with the U.S. Securities and Exchange Commission, Hess Corporation said 375 billion cubic feet of natural gas is estimated to be subject to sales commitments under the Gas-to-Energy project in Guyana.
The Guyana government will utilize the...
TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV), the energy major said.
The deal is valued at US$530 million, subject...
Petrobras, Brazil's state-controlled oil company, has unveiled plans for investments exceeding US$70 billion in exploration and production activities. These investments aim to not only bolster the country's energy sector but to create significant opportunities for the domestic naval and...
The UK-based geo-consultancy firm GeoPartners Ltd struck a deal with Suriname’s state oil company Staatsolie and TROIS Geoconsulting from the Netherlands for a multi-client geochemical piston core project.
GeoPartners via a LinkedIn announcement said the venture aims to deliver oil...
See release from El Dorado Offshore Inc.:
Denzel Southwell's journey is one that defies expectations. Hailing from the small village of Sandvoort in Berbice, Guyana, this 27-year-old has shattered glass ceilings to become the first Guyanese Auxillary Assistant Driller...
ExxonMobil has awarded contracts to SBM Offshore to build and deploy the Jaguar floating production, storage and offloading (FPSO) vessel for the Whiptail development at Guyana’s Stabroek Block.
Under the terms of the agreement, ownership of the Jaguar vessel will...
Heritage Petroleum Company Limited has unveiled its latest offshore oil well, S-938.
Situated within the Soldado East Field, the said S-938 well is poised to make a substantial contribution to the company’s revenue with an expected average daily rate of...
BP is expected to close a deal to sell some Trinidad and Tobago upstream assets to Perenco, Reuters learned from people familiar with the talks.
The divestment of the Amherstia, Cashima and Immortelle fields would reduce BP’s Trinidad gas output...
Guarantee International Crating Inc. (GIC Inc.) emerged onto the scene of Guyana's oil and gas sector with a vision to provide reliable and compliant crating services tailored to the industry's stringent standards. Nickel Hazelwood, Operations Manager and one of...
