The first shipment from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from the South American nation in a ship chartered by trader Trafigura, data from Refinitiv Eikon showed on Tuesday.
Ineos has announced a $150million (£108m) deal to buy the oil and gas assets of Hess Corporation in Denmark.
ExxonMobil’s Bulletwood-1 well offshore Guyana found reservoirs but no commercial hydrocarbons.
An Aberdeen-based drilling contractor has launched a petition urging the UK Government to give oil workers returning from overseas a full quarantine exemption.
SBM Offshore had a tough year, increasing its dividend by 10%, while cutting around 600 jobs.
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.
IHS Markit expects companies to drill 38 high impact wells this year.
Norway’s TMC Compressors will provide a complete offshore topside compressed air system to the Bonga Main vessel offshore Nigeria.
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
Fugro has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
Guyana is the world’s most exciting frontier oil and gas exploration area. There’s a lot of oil, it’s good quality and it’s relatively cheap to produce. It has attracted a host of major players, including Hess, CNOOC, Total, Repsol, Qatar Petroleum, Tullow and, above all, ExxonMobil.
Petronas has made a first discovery offshore Suriname, in Block 52, at the Sloanea-1 exploration well.
Oil companies are on track to discover 10 billion barrels this year, despite the coronavirus pandemic temporarily halting exploration activity this spring, according to Rystad Energy.
The Tanager 1 well is a non-commercial discovery, on a standalone basis.
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.
TechnipFMC enjoyed its strongest quarter of the year for new orders in the three months ended September 30, booking in $2.2 billion of new deals.
US oil major ExxonMobil has made a final investment decision to develop the $9 billion, 600 million barrel Payara field off Guyana.
Few companies are paying down debt while staying bullish on exploration plans, but Africa Oil is an exception.
ExxonMobil has announced another oil discovery off the coast of drilling hotspot Guyana, at its Redtail well.
Aberdeen & Grampian Chamber of Commerce to shine light on business opportunities between Scotland and Guyana
North-east business leaders will explore the "wealth of new business opportunities" available in Guyana during an industry event next month.
Aberdeen reaffirms links with Guyana as country prepares to make ‘great strides’ in oil and gas post-election
Scores of oil and gas representatives met virtually yesterday to discuss the opportunities available to supply chain companies in post-election Guyana.
Plans are gathering pace for a digital business event which will highlight opportunities to link businesses in the North East of Scotland with a newcomer on the list of oil producing countries.
Aberdeen-headquartered Stena Drilling is expected to commence operations off the coast of Guyana “imminently” after its vessel arrived on location.
The floating production systems (FPS) market will rebound to $13 billion annually from 2021-24 with an average oil price of $60 per barrel, analysts have said.