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Government to compensate property owners who will be displaced by Gas-to-Energy project – Attorney General

A government delegation led by Guyana’s Attorney General, Mohabir Anil Nandlall, on Friday met with residents of several Region Three communities through which the upcoming Gas-to-Energy infrastructure will be built. These communities include Nouvelle Flanders and Wales, the legal...

With return of coal-fired power, natural gas more important now than ever

Russia’s war on Ukraine has forced the return of coal-fired power projects, enabling European countries to weather the energy storm as the Putin-led administration chokes its natural gas supply. And with winter on the way, this seems like the...

Over 100 miles offshore, Exxon is prepping for Guyana’s 3rd oil project

Development operations are in high gear at the Payara field, located just over 103 nautical miles offshore Guyana, South America’s up and coming second biggest producer. This marks ExxonMobil’s third project at the massive Stabroek Block where nearly 11...

MoU signed for landmark Nigeria-Morocco gas pipeline set to cross 13 African countries

The Nigeria-Morocco Gas Pipeline (NMGP) has “taken off”, the Nigerian National Petroleum Company (NNPC) said last week. A memorandum of understanding (MoU) was signed between NNPC, Morocco’s National Office for Hydrocarbons & Mines (ONHYM), and the Economic Community of...

Petronas says development of gas find off Bintulu coast, Malaysia, can be expedited

PETRONAS said Tuesday that Mubadala Petroleum struck gas from its Cengkih-1 exploration well in Block SK 320 in the central Luconia Province, about 220 kilometers off the coast of Bintulu, Sarawak, offshore Malaysia. The well was successfully drilled to a total depth...

Guyana lab now equipped to run multiple tests on crude being produced offshore

Guyana’s Crude Testing Lab run by the Guyana National Bureau of Standards (GNBS) is now able to conduct all necessary tests of Liza Crude and Unity Gold being produced offshore. Crude oil testing helps to ascertain crude characteristics to determine the...

TotalEnergies makes final investment decision on Argentina gas project

TotalEnergies announced Monday that it approved the final investment decision (FID) for the Fenix gas development. The Fenix field is located 60 kilometers (km) off the coast of Tierra del Fuego, Southern Argentina. It will be developed through three horizontal wells,...

TotalEnergies acquires stake in onshore block on Arabian Peninsula

TotalEnergies said it acquired a 22.5% stake in the onshore Block 11 from the Ministry of Energy and Minerals of the Sultanate of Oman. The major and its partners, OQ and Shell, signed an Exploration and Production Sharing Agreement (EPSA),...

Maersk Supply creates ‘cleaner’ fuel option for offshore supply vessels

Maersk Supply Service is offering its customers the option to reduce carbon emissions from offshore operations with a new fuel mix. The product – ECO Offshore – successfully trialled a blend of low-carbon biofuel with marine gas oil aboard the anchor handler Maersk Tender, in partnership with Dutch...

Maersk Resolute rig secured for additional five-well drilling with Petrogas in Dutch North Sea

Petrogas E&P Netherlands B.V. has secured Maersk Drilling’s harsh environment jack-up rig ‘Resolute’ for an additional five-well drilling work scope, amending a previous agreement. An option included in the original contract will be replaced by the newly entered five-well contract,...

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Oil hits US$110 as Trump’s ominous deadline to Iran nears

Global oil prices moved higher this week as tensions between the United States and Iran intensified ahead of a...