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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...

S&P expects US$17B in capital investments offshore Suriname in next five years, mostly for Block 58

PARAMARIBO, SURINAME – S&P Global Energy expects more than US$17 billion to be invested in Suriname's offshore oil developments over the next five years, with the majority of that capital directed toward projects in Block 58, where the country's...

Suriname, Staatsolie and TotalEnergies in four-year pact to prepare workforce for offshore oil industry

PARAMARIBO, SURINAME – Suriname’s workforce is poised to be better prepared for the emerging offshore oil and gas industry in the coming years. The Surinamese government, Staatsolie, and TotalEnergies took the first step toward this goal on Wednesday. The...

Surinamese firms should seek strategic partnerships early to build offshore capacity – SBM Offshore Guyana head

PARAMARIBO, SURINAME – Surinamese businesses seeking to participate in the country's growing offshore oil and gas sector can accelerate their development through strategic partnerships with experienced international companies that support knowledge transfer, capacity building, and preparation for industry demands....

Halliburton Guyana seeks industrial support for onshore and offshore operations

Halliburton Guyana is seeking industrial support services for its onshore and offshore operations, opening an expression of interest for companies capable of providing welding, fabrication and related maintenance work in support of its energy services business. In a notice published...

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S&P expects US$17B in capital investments offshore Suriname in next five years, mostly for Block 58

PARAMARIBO, SURINAME – S&P Global Energy expects more than US$17 billion to be invested in Suriname's offshore oil developments...