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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Featured Oil & Gas Articles
Dril-Quip has found its new CFO after engaging the services of an executive search firm, which assisted with the selection process.
The post New CFO to join Dril-Quip next year appeared first on Offshore Energy.
South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company.
The post Samsung Heavy gets rid of ex-Ocean Rig drillship with hopes to sell three more appeared first on Offshore Energ…
TechnipFMC’s team in Perth, Australia, has delivered the fourth Subsea 2.0 tree for Woodside’s Lambert Deep project located offshore Northwestern Australia.
The post TechnipFMC delivers fourth subsea tree for Lambert Deep project appeared first on Offs…
Harvey Gulf is working to deliver a fleet of offshore vessels that will be operating in a net carbon neutral capacity.
The post Harvey Gulf to usher in net carbon neutral fleet in bid to cut emissions appeared first on Offshore Energy.
ModuSpec has been chosen to verify whether the Well-Safe’s rig is fit for purpose to complete the upcoming decom campaigns in the North Sea.
The post Vysus to inspect Well-Safe’s rig ahead of upcoming North Sea decom gigs appeared first on Offsh…
UK’s Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility.
The post UK port set for revival with plans to recycle old rigs into f…
TechnipFMC’s Takoradi base in Ghana has completed the assembly of its first subsea tree […]
The post TechnipFMC’s Ghana team marks first subsea tree assembly in five years appeared first on Offshore Energy.
UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.
The post Report reveals decline in UK North Sea well numbers but better success rates appeared first on Offsho…
Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range.
The post Chevron plans $15 billion spending budget for 2022 appeared first on Offshore Energy.