Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has been contracted to conduct a detailed feasibility study for a proposed floating liquefied natural gas (FLNG) facility at Suriname’s offshore...

Offshore Frontier Solutions Pte. Ltd. (OFS), a joint venture between MODEC Inc. and Toyo Engineering Corporation, has secured a contract for ExxonMobil Guyana’s Hammerhead project.  The contract, awarded by MODEC, Inc., covers Engineering, Procurement, Construction, and Installation (EPCI) of the...

Halliburton has secured significant offshore exploration contracts in Suriname, strengthening its international footprint despite a revenue decline in the first quarter. Chairman, President and Chief Executive Officer, Jeff Miller, said, “Customers awarded Halliburton several contracts that demonstrate the strength of...

DOF Subsea reported a record performance in 2024, driven by strong market activity across all regions. The Group said it achieved 88% fleet utilisation, supported by a robust backlog at the start of the year and strong operational execution. According...

Noble Corporation has secured a 390-day contract extension from Petrobras Colombia for its Noble Discoverer semi-submersible rig. In an April 10 LinkedIn post, Noble said the extension pushes operations through to around August 14, 2026. Exxon Guyana drilling operations providing exciting...

Italian engineering firm Saipem has been granted a Limited Notice to Proceed (LNTP) from ExxonMobil Guyana Limited for subsea structures, umbilicals, risers, and flowlines (SURF) work at the proposed Hammerhead oil field development in the Stabroek Block.  The project site...

TechnipFMC has won a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield development offshore Brazil. The project will incorporate TechnipFMC’s Subsea 2.0® configure-to-order subsea production systems, streamlining project management through a...

Shell Brasil has finalized its investment decision for the Gato do Mato deepwater project in the Santos Basin offshore Brazil. The company has awarded Japan’s MODEC a multi-year operations and maintenance contract for the floating production, storage, and offloading...

Baker Hughes announced on March 20 that it secured a multi-year contract with Petrobras to provide fully integrated completions for the Brazilian state-owned energy giant’s offshore fields.  The deal, described as “major” by Baker Hughes, was awarded through an open...

See statement from Guyana's Ministry of Natural Resources:  The Ministry of Natural Resources takes this opportunity to address the latest fabrications published by Glenn Lall on March 16 in Kaieteur News under the headline "Disasters of the Oil Industry Unfolding...