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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...

The final stage of an offshore project: How ExxonMobil plans for decommissioning in Guyana 

All offshore oil projects are designed with its final day in mind. Long before a floating production, storage and offloading (FPSO) vessel begins producing oil, operators must plan how wells will be sealed, subsea infrastructure managed, and facilities safely...

Saipem’s drillship to support Côte d’Ivoire’s next phase of offshore development

Saipem has secured a contract valued at approximately US$260 million to support a long-term offshore drilling campaign for Eni Côte d’Ivoire Limited, with operations expected to begin in early 2027. The contract was awarded by Eni Côte d’Ivoire Limited, a...

Life on the rig: Uriel Freedrik reflects on 28 days offshore

As Suriname builds out its offshore oil industry, more local workers are considering careers at sea. The opportunity can bring valuable experience, but life offshore also requires long shifts, strict safety practices, mental resilience, and weeks away from family. Uriel...

Suriname plans data-driven local content strategy for offshore oil growth

Suriname plans to use workforce and industry data to build a local content strategy that prepares citizens and businesses for opportunities from the country’s expanding offshore oil sector. Minister of Oil, Gas and Environment Patrick Brunings said the government wants...

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Letter to the Editor: Higher production does not automatically erase the cost bank

Dear Editor, Recent commentary has suggested that because Guyana is producing more oil and earning significant revenues, the outstanding costs...