Showing results for:

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,...

SBM Offshore is first major Exxon contractor to receive approval for local content master plan

SBM Offshore is the first prime contractor of ExxonMobil Guyana to receive its Letter of Approval for its Local Content Master Plan, 2022. Halliburton was the second company to receive this letter followed by CGX Energy Inc. The Ministry of...

Guyana will need robust commercial framework to maximise gas export benefits – Norway firm

With Guyana’s current estimated recoverable gas totalling over 17 trillion standard cubic feet, the government has already commenced efforts to determine the best use for these resources. The government reminded, in its 2022 mid-year report, that under the Yellowtail...

JOB FAIR! VEHSI recruiting Region Three residents for shore base project

Vreed-en-Hoop Shore Base Incorporated (VEHSI) is looking to provide employment to residents of Region Three, where the company is developing a shore base facility.  On Saturday, September 10, VEHSI is hosting a job fair to assess the hiring pool...

Nigerian energy conglomerate eyes onshore oil exploration in Guyana

Aiteo Group – one of Nigeria’s latest energy conglomerates has signaled its interest in Guyana’s booming oil and gas sector, particularly in onshore exploration and development. Its Chief Executive Officer (CEO) and Founder, Benedict Peters led a delegation of investors...

Latest News

SBM Offshore subsidiary seeks local suppliers for steel, timber and safety equipment

Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, is seeking information from Guyanese suppliers for steel...