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Saipem secures $500M in contracts, FPSO deployment

OilNOW -
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction, Installation (EPCI) activities and Trunklines & Installation (T&I) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. The...
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Saipem strikes $230M in offshore agreements

OilNOW -
Saipem, the same company that was earlier this year awarded a subsea contract by ExxonMobil for its Liza project offshore Guyana, has recently entered agreements to the value $230M for other offshore drilling activities in the Mediterranean, Black Sea...
News

Exxon awards EPCI contract to Saipem for Liza development

OilNOW -
ExxonMobil has awarded a new Engineering, Procuring, Construction and Installation (EPCI) contract to Saipem for the Subsea Umbilicals Risers Flowlines (SURF) package of the proposed Liza project that Esso Exploration and Production Guyana Limited is operating together with joint...
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Suriname emerges as third largest offshore oil investment destination in the Americas – Energy Industries Council 

OilNOW -
Suriname is fast becoming one of the top offshore oil and gas hotspots in the Americas, ranking third in projected offshore exploration and production (E&P) investments by 2030, behind only Brazil and Guyana, according to the Energy Industries Council...
Stories Beyond the Barrel

‘It’s the people, the mission, and the impact’ – Asset Manager says as ONE GUYANA begins production

Shikema Dey -
The ONE GUYANA floating production, storage and offloading (FPSO) vessel has begun producing oil as part of ExxonMobil’s Yellowtail development offshore Guyana. Anthony Jackson, Asset Manager for the vessel, described the moment as deeply meaningful for the team behind it....
News

Tenaris secures key contracts for Suriname’s first offshore oil project

OilNOW -
TotalEnergies has awarded Tenaris a contract to supply casing, tubing, and Rig Direct® services for the GranMorgu project, Suriname’s first major offshore oil development. Tenaris said it will supply around 47,000 tons of casing and tubing featuring TenarisHydril Blue® and...
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GranMorgu project sets new offshore benchmark for Suriname

OilNOW -
PARAMARIBO, SURINAME - The GranMorgu development in Suriname’s Block 58 is “essentially double” the size of comparable offshore projects in the region, according to Gianluigi Della Rosa, Country Manager for Guyana and Suriname at Saipem.  Speaking at the Suriname Energy,...
News

SEOGS 2025: A new dawn for Suriname’s energy future

OilNOW -
The Suriname Energy, Oil & Gas Summit and Exhibition (SEOGS) 2025 returns this week with its largest and most comprehensive edition yet, bringing together regional and international energy leaders, policymakers and technical experts for four days of strategic dialogue...
News

A historic year for Suriname’s energy sector: From SEOGS 2024 to 2025

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Between the 2024 installment of the Suriname Energy Oil and Gas Summit and Exhibition (SEOGS) and its return this June, the country’s energy sector has experienced its most transformative changes to date.  Suriname is no longer standing at the edge...
News

President Santokhi launches oil royalty program for all citizens 

OilNOW -
Paramaribo – May 18, 2025: President Chandrikapersad Santokhi officially launched the ‘Royalty’s Voor Iedereen’ (RVI) program last week, marking a “historic step” in sharing Suriname’s future oil wealth directly with its people.  The program ensures that every Surinamese citizen born...
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Latest News

NewsShikema Dey -

Irfaan Ali charts oil-fueled, sustainable future as Guyana’s ninth President

Flanked by First Lady Arya Ali and their son Zayd, Irfaan Ali was sworn in on Sunday as Guyana’s...

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