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14 Guyanese to receive oil & gas training for jobs on multiple offshore projects

OilNOW -
Fourteen Guyanese will soon be undergoing rigorous training in Trinidad and Tobago to acquire skills for the oil and gas industry, after which they will be deployed on a number of offshore projects. This initiative is the start of what...
Production

Tulip Oil gets gas production license for Dutch offshore field

OilNOW -
(Reuters) - Dutch oil and gas exploration company Tulip Oil has been awarded a production license by the Dutch government for a gas field off the coast of the Netherlands, it said on Monday. Tulip Oil will now proceed with a...
News

GranMorgu FPSO: A closer look at the vessel powering Suriname’s first offshore oil project

OilNOW -
PARAMARIBO, SURINAME – SBM Offshore and Technip Energies are building Suriname’s first floating production, storage and offloading (FPSO) unit for the upcoming GrandMorgu field. The vessel, scheduled to arrive in-country by mid-2028, will be critical to the project’s success,...
News

GranMorgu project sets new offshore benchmark for Suriname

OilNOW -
PARAMARIBO, SURINAME - The GranMorgu development in Suriname’s Block 58 is “essentially double” the size of comparable offshore projects in the region, according to Gianluigi Della Rosa, Country Manager for Guyana and Suriname at Saipem.  Speaking at the Suriname Energy,...
News

Almost 50% of Suriname’s offshore acreage under contract – Staatsolie

Shikema Dey -
PARIMARIBO, SURINAME - Almost 50% of Suriname’s offshore acreage is now under contract, according to its state oil company, Staatsolie.  Managing Director, Annand Jagesar, provided the update during his welcome address as the 5th Suriname Energy Oil and Gas Summit...
News

ExxonMobil drilling Hamlet-1 well in gas-rich southeastern Stabroek Block

OilNOW -
ExxonMobil has started drilling the Hamlet-1 exploration well in the southeastern section of Guyana’s Stabroek Block. This area near the Suriname border has yielded more natural gas than oil in previous discoveries. The Guyanese government is prioritizing the development of...
News

Battery system arrives in Guyana for delayed Gas-to-Energy project

OilNOW -
LNDCH4, the U.S. joint venture building an integrated natural gas processing facility at Wales, announced on Friday the arrival of a 30-megawatt backup battery energy storage system (BESS), a critical safeguard designed to ensure uninterrupted power delivery from the...
News

No oil blocks, gas deal to be issued before Guyana’s September elections

Kemol King -
Guyana’s Vice President Bharrat Jagdeo said on Thursday that no new oil block contracts or agreements for a major gas project involving U.S. firm Fulcrum LNG will be signed before the country’s General and Regional Elections scheduled for September...
News

SBM Offshore sees major gains from Jaguar, GranMorgu FPSOs in Guyana and Suriname

OilNOW -
SBM Offshore is seeing "great benefits" from its newest Fast4Ward® floating, production storage and offloading vessels (FPSOs), Jaguar for Guyana and GranMorgu for Suriname. According to the company’s 2024 Annual Report, its standardization philosophy is driving results. “The standardization philosophy...
News

Westwood expects Petronas to conduct more exploration drilling offshore Suriname this year

OilNOW -
Malaysian state oil firm Petronas is expected to conduct more exploration drilling at Suriname’s offshore Block 52 this year after a key 2024 oil discovery in the area raised prospects for future development, energy consultancy Westwood Global Energy Group...
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Saipem targets local content growth in logistics, fabrication for Suriname oil project

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on...

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