Oil & Gas Report
News, insight, analysis and ideas about Guyana’s energy industry from the best experts in the industry.
ExxonMobil’s May 2015 discovery with the Liza wells in its Stabroek block may well signal a new era for the country’s energy sector and economy. It presents a transformative opportunity to put in place the structures and capacity needed to oversee the sector’s long-term development, effectively manage revenue streams, and ensure proper stewardship of what are finite hydrocarbon resources for future generations of citizens in Guyana. Exxon plans additional exploration in its block in 2017, citing favorable geology and promising production sharing agreement (PSA) terms.
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Following delays, Trillion Energy has started its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.
The post Jack-up rig kicks off Black Sea drilling campaign appeared first on Offshore Energy.
Oil and gas major Shell has restarted production at its Prelude floating liquefied natural […]
The post Shell reaches agreement with workers’ union, restarts Prelude FLNG production appeared first on Offshore Energy.
TotalEnergies and partners to invest over $700 million to develop the world’s southernmost gas project
TotalEnergies has approved the final investment decision for the Fenix gas development, located off the coast of southern Argentina.
The post TotalEnergies and partners to invest over $700 million to develop the world’s southernmost gas project a…
Helix Energy Solutions has secured another extension of its well intervention charter and services […]
The post Siem Helix 2 stays with Petrobras for another two years appeared first on Offshore Energy.
BP’s Tortue FPSO drifted off the quayside while at a shipyard in Qidong, China following an impact of Typhoon Muifa last week.
The post BP’s new FPSO drifts away from quayside as typhoon passes through shipyard appeared first on Offshore Energy.
Modern American Recycling Services Europe (M.A.R.S.) has been tasked with the recycling of two jackets for the Tyra redevelopment project.
The post Contractor picked to recycle Tyra jackets over coming weeks appeared first on Offshore Energy.
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.
The post Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis appeared first on Offshore Energy.
Vår Energi has run into delays for the first oil from a project in the North Sea off Norway and changed its cost estimate for this project.
The post New cost estimate and timing for first oil from North Sea project appeared first on Offshore Energy.
Offshore drilling contractor Stena Drilling has secured a new drilling contract from CNOOC for operations offshore Gabon.
The post New gig for Stena drillship off Gabon appeared first on Offshore Energy.