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
Stena Drilling has entered into a partnership with SmartChainServices to develop further smart solutions for the energy sector.
The post Stena Drilling teams up with blockchain start-up in digitalisation push appeared first on Offshore Energy.
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has awarded a carbon dioxide appraisal and storage licence to Harbour Energy.
The post Harbour Energy granted carbon storage licence for North Sea field appeared first on Offshore Energy.
Aquadrill and a subsidiary of Vantage Holdings have reached an agreement to provide the Capelladrillship for a contract in Indonesia.
The post Aquadrill seals the deal for drillship in Indonesia, sells semi-sub rig appeared first on Offshore Energy.
BP has signed a new two-year agreement with Cognite to optimise well design and workflows using a single consolidated data layer solution.
The post Cognite enlisted to empower BP’s well operations appeared first on Offshore Energy.
In addition to previous delays due to weld quality, Equinor has experienced further delays and cost overruns on its Johan Castberg project.
The post Equinor’s Johan Castberg oil project now two years behind schedule appeared first on Offshore Ene…
4Subsea has secured a service agreement to monitor steel catenary risers (SCRs) on the floating production storage and offloading (FPSO) vessel on the Bacalhau field offshore Brazil.
The post 4Subsea to monitor steel catenary risers offshore Brazil app…
Oil and gas company OKEA has decided to propose to the licence partners not to develop its operated North Sea discovery further.
The post OKEA abandons North Sea oil project plans appeared first on Offshore Energy.
Wood has secured two FEED contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin off Australia.
The post Wood hired to support Beach Energy’s subsea development appeared first on Offshore Energy.
Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40 per cent from 2019 levels by 2030.
The post Transocean sets target for emissions reduction across its rig fleet appeared first on Offshore Energy.