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ExxonMobil makes natural gas discovery offshore Cyprus

ExxonMobil on Thursday said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well wrapping up what has been a good month with two major discoveries made earlier in February in the...

New Zealand halts future oil & gas offshore exploration permits

(Reuters) - New Zealand will not grant any new permits for offshore oil and gas exploration, Prime Minister Jacinda Ahern said on Thursday, taking the industry by surprise with a decision that it says will push investment overseas. The centre-left...

Volume of gas, cost of bringing it to shore would determine economic feasibility

Without a comprehensive study being conducted to determine what the cost would be to bring natural gas to shore and the associated land based infrastructure required to facilitate this, any talk about its economic feasibility hinges on speculation. A well-placed...

Exxon eyes Egypt’s offshore oil and gas – sources

(Reuters) Exxon Mobil (XOM.N) is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Officials from the world’s largest listed oil producer recently...

Stones: World’s deepest offshore oil & gas project

Stones is the world’s deepest oil and gas project, operating in around 2,900 metres (9,500 feet) of water in an ultra-deep area of the US Gulf of Mexico. The project started production in September 2016 from a Floating Production,...

Gas starts flowing from BP’s new fields offshore Trinidad and Australia

(Reuters) - BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia; the company said on Monday, further boosting output that is helping the company to turn a corner after a bruising market downturn. Gas...

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

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...

Tulip Oil gets gas production license for Dutch offshore field

(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...

Technical Training College a ‘leapfrog’ investment to build Guyana’s oil and gas workforce 

The Guyana Technical Training College Inc. (GTTCI) plays a pivotal role in preparing Guyanese for technical jobs in the country’s expanding oil and gas sector. According to Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc., the institution has the potential...

SBM Offshore gets front-end engineering contract for ExxonMobil’s Longtail FPSO

ExxonMobil Guyana awarded contracts to SBM Offshore to perform front end engineering and design (FEED) studies for the Longtail floating production storage and offloading (FPSO) vessel, the Dutch shipbuilder said Tuesday. Longtail is Exxon’s eighth proposed development offshore Guyana. “The FEED...

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Guyana lodges protest over reported Corentyne River charges imposed by Suriname

President Irfaan Ali said the Guyana government has formally protested reported charges instituted by authorities in Suriname for the...