President of ExxonMobil Guyana, Alistair Routledge, said in a recent interview that there are over 900 highly trained people in total, stationed on the Stena Carron, Stena DrillMax, Noble Bob Douglas, Noble Tom Madden, Noble Don Taylor and Noble...

Trinidad and Tobago’s Touchstone Exploration Inc. received its Certification of Environmental Clearance (CEC) to move ahead with its Cascadura gas project from the Ortoire block offshore. Touchstone has an 80% operating working interest in the Ortoire block, with Heritage Petroleum Company...

Twenty-three officers within the Customs Petroleum Unit (CPU) of the Guyana Revenue Authority (GRA) have successfully completed a Tropical Helicopter Underwater Egress Training (THUET) course to develop knowledge and operating procedures in offshore safety and emergency response. The training session...

Nigerian National Petroleum Company (NNPC), the state energy firm, announced the signing of a series of Production Sharing Contractors (PSC) aimed at boosting offshore oil production. Fully termed agreements were signed off with renegotiated PSCs for five oil mining leases...

ODITC – a joint venture partnership between Orinduik Development Incorporated, Windsor Technologies and 3t EnerMech – is the first entity with approval to deliver OPITO-accredited training to the oil and gas industry in Guyana. The 3t EnerMech Guyana Training Centre of...

SBM Offshore is positioning itself to benefit from the global energy transition. The company has its eyes set on achieving net-zero emissions by 2050 and has announced new intermediate greenhouse gas-related targets. SBM Offshore’s Chief Executive Officer (CEO) Bruno Chabas disclosed...

Italian oil services company, Saipem was awarded three contracts totaling US$900 million for works on the Quiluma and Maboqueiro gas fields development project off the northwest coast of Angola. The contracts were awarded by the New Gas Consortium comprised of...

Brazil’s state-owned Petrobras has finalised the sale of all its stakes in the Fazenda Belém and Icapuí onshore fields – also called the Fazenda Belém Cluster – to 3R Fazenda Belém S.A., an oil and gas company with focus...

New wells drilled in South America in 2014 contributed to 8% of new wells globally in the offshore sector and 4% in the onshore. And according to Norway-based Rystad Energy, activity has been on a downward trend since then,...

SBM Offshore’s order book hiked to a record-breaking US$31.1 billion when it secured the contract to construct the massive ‘One Guyana’ floater for ExxonMobil’s Yellowtail development. This much was told to shareholders by SBM Offshore’s Chief Executive Officer (CEO) Bruno...