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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...

Staatsolie to take Suriname offshore licensing pitch to Houston

Staatsolie will host an in-person roadshow in Houston on May 26, 2026, to present Suriname’s Open-Door Offering to oil and gas companies. The event will run from 9 a.m. to noon CDT at The Post Oak Hotel at Uptown, 1600...

Offshore worker safety should be seen as an investment, not a cost — MODEC

Offshore worker safety should be treated as an investment that delivers measurable returns rather than a cost. This is according to Yolander Sammy, Director of Legal and Compliance at MODEC Guyana, who urged oil and gas companies to prioritize...

SBM Offshore looking for next cohort of Guyanese trainee technicians

SBM Offshore Guyana is inviting applications for its Trainee Technician Program, with a deadline set for May 24, 2026, as the company continues efforts to build technical capacity for offshore operations. The program targets roles in electrical, mechanical, instrumentation and...

SLB sees 2026 project approvals topping $100 billion, with Guyana offshore a key growth area

Global oil and gas project approvals are on track to exceed US$100 billion in 2026, driven by renewed momentum in offshore and deepwater developments, SLB Chief Executive Olivier Le Peuch said on the company’s Q1 earnings call on Friday. This,...

Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage, and offloading (FPSO) vessels capture natural gas which is currently being extracted alongside oil from offshore fields.  This oil-linked gas is...

Oil-linked gas fuels near-term power as Guyana eyes standalone gas for next era

Gas projects offshore Guyana are being developed around two types of natural gas: associated gas produced during oil production and non-associated gas found in gas reservoirs. These types determine how the gas will be extracted and transported to shore...

Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects of a project and serve distinct legal purposes. Environmental permits cover the expected environmental and social impacts of operations. Production licenses...

ExxonMobil Guyana seeks consultants for environmental, regulatory support across offshore and onshore operations

ExxonMobil Guyana is seeking suppliers that can provide environmental, regulatory and socioeconomic consultancy services to support a broad range of offshore and onshore activities in Guyana. The request for information appeared in local newspapers on April 22, 2026. It is...

Uaru development advances as ExxonMobil drills offshore Guyana through April

ExxonMobil Guyana will continue development drilling at the Uaru Project’s UA_3P08 drill center in the Stabroek Block as work advances on one of Guyana’s largest sanctioned offshore developments. The development drilling campaign, according to a recent notice from the Maritime...

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TechnipFMC posts US$2.49B Q1 revenue, US$260.5M profit as subsea orders hit US$1.9B

TechnipFMC reported first-quarter 2026 revenue of US$2.49 billion, with net income attributable to the company at US$260.5 million, according...