Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS), the company contracted by SBM Offshore to build the Fast4WardTM hull for the Liza Unity FPSO, has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu. Seatrade Maritime News reports...

(Reuters) - Petroleum production costs on the Norwegian continental shelf rose in 2018 after falling for three consecutive years, state-owned oil firm Petoro said on Thursday. Cost cuts were high on oil firms’ agenda following a sharp fall in crude...

Houston-based Apache Corporation is set to spud its first well offshore Suriname by mid-year in Block 58 which sits adjacent to sections of the prolific Stabroek Block where ExxonMobil has found more than 5.5 billion barrels of oil equivalent. Apache...

A total of 25 Guyanese, including three women, graduated from the TOTALTEC Academy on February 21, 2019, bringing the number of persons to complete the one-year old programme to over 100. The graduating class is now trained and ready to...

- Hemichand Morgan talks about life at sea When you are the father of four children under 10 years old, being unemployed with no job in sight can stretch your endurance to the limit. Not long ago, Guyanese, Hemichand Morgan, was...

Indonesia's upstream regulator SKK Migas has announced a significant gas discovery by a Repsol-led consortium at Sakakemang PSC onshore Central Sumatra. Wood Mackenzie's Research Director Andrew Harwood provides the following commentary: "Repsol's Kali Berau Dalam-2 well re-entered after well control problems...

Total Petroleum is reporting that it has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. In a release on Thursday, Total...

US oil major ExxonMobil has once again struck oil offshore the South American country of Guyana, this time at the Tilapia-1 and Haimara-1 wells, making it the company’s 11th and 12th  discoveries in the Stabroek Block. Director of the Department...

Lindon Swamy’s wife is used to missing him. For more than two decades, Lindon spent months at a time away from home working at sea as a ship’s mechanic. He is completely at ease in the engine room of a...

Oil and gas industry analyst Wood Mackenzie is calling CNOOC’s latest gas discovery at Glengorm the largest UK gas find since 2008 and one that will sustain the industry’s profitability. "At 250 million barrels of oil equivalent (boe), CNOOC Ltd’s...