Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Tullow sees increase in Orinduik resources

A new competent persons resource report on the Tullow Oil-operated Orinduik Block, offshore Guyana, has shown a 29% ...

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ExxonMobil profit falls in 4Q

Oil major ExxonMobil saw its earnings drop by five percent in the final quarter of last year compared to the ...

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DOF secures new vessel deals across North America region

DOF Subsea has been awarded multiple contracts from undisclosed clients across the North America region.

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Hess raises 2020 budget to $3 billion

Hess Corporation has decided to raise its yearly budget to $3 billion with plans to use more than 80% of it on high ...

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ExxonMobil makes fresh discovery in Stabroek block

ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent ...

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CGX wraps up seismic survey over Guyana block

Seismic services provider PGS has completed a 3D seismic program on the northern section of the CGX Energy-operated ...

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Repsol hits oil pay in Guyana well

Repsol has encountered oil at the Carapa-1 exploration well drilled on the Kanuku license offshore Guyana.

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Exxon strikes 15th oil discovery offshore Guyana

The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent ...

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Total farms into Apache's Suriname offshore block

Noble Sam Croft drillship; Source: Noble Corporation

As Guyana has just become an oil-producing country with ExxonMobil reaching first oil at the Liza field over the ...

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Historic first oil flows from ExxonMobil's Liza field

The U.S. oil major ExxonMobil has made history as it has started producing first oil from its Liza field offshore ...

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Orinduik partners enter into first renewal period

Tullow Oil and its joint venture partners in the Orinduik Block located offshore Guyana have elected to enter the ...

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Shawcor to provide pipe coating services for Exxon's Payara

Shawcor has entered into a detailed letter of intent with Saipem for the proposed Payara development project ...

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Saipem gets another subsea job in Guyana

Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the ...

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Tullow, Eco shares dive as Guyana wells struck 'heavy oil'

Shares of Tullow Oil and Eco Atlantic fell sharply Wednesday morning after the two companies announced the two ...

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ExxonMobil taps SBM Offshore for Stabroek FPSO

SBM Offshore has been awarded contracts by ExxonMobil to perform front end engineering and design for an FPSO for ...

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ExxonMobil sees profit fall 49% on lower oil prices

Liza Destiny FPSO on its way to ExxonMobil's Liza field in offshore Guyana; Source: Hess

Exxon's production grew three percent from the third quarter of 2018 to 3.9 million barrels per day.

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ExxonMobil's Liza development slated for early startup

The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start ...

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Orinduik partners planning budget for 2020 drilling program

Following its recent two oil discoveries, Tullow Oil and its partners in the Orinduik block located offshore Guyana ...

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CGX hires PGS for Corentyne survey, defers rig contract

CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also ...

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ExxonMobil makes 14th discovery on Stabroek

ExxonMobil has made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area.

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Tullow hits second oil discovery off Guyana

Tullow Oil has made a second oil discovery offshore Guyana. The Joe-1 exploration well has opened a new Upper ...

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