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
TechnipFMC has secured a long-term charter and services contract by Brazil’s Petrobras for its […]
The post TechnipFMC pipelay support vessel wins long-term contract with Petrobras appeared first on Offshore Energy.
While moving to start drilling ops in the UK North Sea for IOG, an issue has been found on one of the legs of a Noble Corporation-owned rig.
The post IOG halts North Sea ops after issue found on Noble rig’s leg appeared first on Offshore Energy.
Valaris DS-12 has become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.
The post Valaris drillship first in the world to get new ABS electrical system notation appeared first on Offshore Energy.
Chevron has adopted a 2050 net-zero aspiration for upstream Scope 1 and 2 emissions and set a new 2028 GHG intensity target for Scope 1, 2, and 3 emissions.
The post Chevron reveals brand new GHG intensity target bent on achieving net-zero by 2050 appe…
International energy logistics provider Peterson has disclosed its sustainability goal to be carbon neutral by the end of 2022.
The post Peterson eyes carbon neutral status by the end of next year appeared first on Offshore Energy.
Qatar’s state-owned oil and gas company Qatar Petroleum has changed its name to reflect its energy transition focus.
The post Qatar Petroleum changes name to reflect strategy focusing on energy transition appeared first on Offshore Energy.
Northern Lights, Shell’s joint venture with energy majors Equinor and TotalEenrgies, has placed an order for two LNG-powered, wind-assisted CO2 carriers at China’s Dalian Shipbuilding Industry Co. (DSIC).
The post Shell’s JV orders 1st LNG-fueled…
Aker BP has started drilling operations on its Mugnetind exploration well located offshore Norway, using a Maersk Drilling-owned jack-up rig.
The post Aker BP spuds North Sea prospect with Maersk rig appeared first on Offshore Energy.
Fugro has secured a monitoring contract by Saipem to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal and Mauritania.
The post Saipem books Fugro’s InclinoCam for Greater Tortue A…