With expanding crude production offshore Guyana at an unrivaled pace, builders of floating production, storage and offloading (FPSO) units are being pushed to add higher capacity vessels to their portfolios.
MODEC and SBM Offshore have both been entrusted by ExxonMobil...
With the Uaru Development Project expected to produce 540 million standard cubic feet of gas per day, Guyanese authorities want ExxonMobil Guyana to conduct a study on the possibilities for export.
According to the provisions of the Petroleum Production Licence...
Guyanese Member of Parliament (MP), Jermaine Figueira believes the imminent Gas-to-Energy Project will be a game-changer for the South American producer as it is intended to provide a reliable and affordable source of energy for domestic consumption while facilitating...
The assurance of Trinidad’s Energy Minister, Stuart Young may have been given prematurely when he claimed that the controversy surrounding Venezuela’s PDVSA would not affect the Dragon gas deal.
It seems there has been no word from Venezuelan counterparts on...
The Guyana Pavilion at the Offshore Technology Conference 2023 (OTC), was officially opened on the morning of May 1 with a symbolic ribbon-cutting ceremony. Guyana has been one of the main newcomers at the show in recent years.
The...
Oil has become an important part of Guyana’s history, preserved and on view at the country’s National Museum as Stabroek Block operator ExxonMobil relaunched the new and improved oil and gas exhibit.
While many will not be able to travel...
Countries in Latin America and the Caribbean, like their counterparts around the world, are forging ahead with plans to accelerate the development of their oil and gas resources. This has seen countries such as Guyana and Suriname rolling out...
Shell U.K. Ltd., a subsidiary of Shell plc, has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field...
SBM Offshore has secured project financing of US$1.63 billion for the floating production, storage and offloading (FPSO) vessel Almirante Tamandaré, which is set to become Brazil's largest oil-producing unit.
The project financing has been provided by a consortium of...
Westwood Global Energy Group said the key projects anticipated to be sanctioned in the first half of 2023 include Eni’s Baleine Phase II development (Ivory Coast), Petrobras’ Sergipe-Alagoas (Brazil), ExxonMobil’s Uaru (Guyana), Mellitah’s Structure A & E (Libya) and...
