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Suriname’s oil and gas industry: Progress in 2023

OilNOW -
Suriname’s first offshore oil discovery was made in 2020 at the Maka Central-1 well in Block 58. Since then, more than eight discoveries have been made in several blocks. The Suriname basin is estimated to hold over 30 billion...
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ExxonMobil seeking contractor for aerial imaging of gas pipeline in Guyana

OilNOW -
ExxonMobil Guyana Limited (EMGL) has initiated a request for information (RFI) to procure services for capturing high-resolution aerial video and photographs of an onshore pipeline supporting the Gas-to-Energy (GtE) project.  EMGL said the Gas-to-Energy project aims to facilitate the transfer...
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Valaris secures multi-year contract with Petrobras for DS-4 drillship

OilNOW -
Offshore drilling company Valaris clinched a multi-year contract for its drillship VALARIS DS-4 with Petrobras.  The contract spans 1,064 days and is slated to commence in the latter part of the fourth quarter of 2024, following the completion of the...
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Seadrill secures US$1.1 billion in contracts with Petrobras for drillships in Brazil

OilNOW -
Offshore drilling giant Seadrill Limited has clinched fixed-term contracts from Petrobras, Brazil's state-controlled oil company, for its drillships, West Auriga and West Polaris.  These contracts, acquired through a rigorous competitive bidding process, have a duration of 1,064 days and are...
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Guyana Oil & Gas: What to look forward to in 2024

Kemol King -
The year 2024 is expected to welcome a massive expansion of operations in Guyana’s oil and gas industry. New blocks will be awarded, oil developments will advance, and the prospect of gas development will shift into focus.  Here is a...
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OilNOW’s top stories of 2023

OilNOW -
Here are the stories that you, the readers, were most interested in, last year: January: Exxon strikes more oil at Fangtooth well offshore Guyana The first discovery made offshore Guyana in 2023 was at Fangtooth Southeast, an appraisal well that indicated...
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Major oil and gas milestones in Guyana: A look back at 2023

OilNOW -
While the exploration success carried less momentum, Guyana’s oil and gas sector hit several milestones in 2023. Let’s look back at a few of those in no particular order.  Starting with discoveries…  In January, Hess announced the Fangtooth SE-1 discovery, revealing...
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SBM Offshore seeking contractor for underwater survey on Liza Destiny, Unity FPSOs

OilNOW -
Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, has issued a request for information (RFI) seeking technical expertise from potential suppliers. The RFI aims to secure a contractor for the execution of the ‘underwater in lieu...
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Noble Corporation secures Petrobras contract for offshore drilling services in Colombia

OilNOW -
Offshore drilling contractor Noble Corporation has inked a deal with Petrobras, clinching a contract for its semi-submersible rig, the Noble Discoverer, to render drilling services off the coast of Colombia. The contract guarantees a firm duration of 400 days, scheduled...
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DOF secures major decommissioning contracts totaling US$30 million

OilNOW -
DOF Subsea has recently clinched two significant decommissioning contracts.  The first project involves an exclusive purchase and removal deal (EPRD) for a North Sea operator, encompassing a comprehensive scope of services. DOF will spearhead project management, engineering, logistics, and execution...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

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