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Chevron Corp. has acquired nearly 5% of Hess Corp., demonstrating its confidence in prevailing over ExxonMobil Corp. in an arbitration dispute that has postponed the Hess acquisition for over a…

On the second day of CERAWeek hosted by S&P Global, dynamic discussions unfolded, focusing on innovation, energy security, and the global dynamics influencing the energy sector. A notable luncheon featured…

Baker Hughes has secured a significant contract with ExxonMobil Guyana to supply specialty chemicals and associated services for the Uaru and Whiptail offshore greenfield projects in the highly productive Stabroek…

The African Export-Import Bank (Afreximbank) has revealed its intention to create a $1 billion financing facility dedicated to oil services in Guyana. This initiative is designed to boost local involvement…

Suriname anticipates making a Final Investment Decision (FID) for Block 52 by 2026, as announced by Annand Jagesar, Managing Director of Staatsolie, during the recent Guyana Energy Conference and Supply…

Ecuador’s President Daniel Noboa’s initiative to rejuvenate the country’s largest oil field is faltering as he races to secure re-election just weeks before a runoff vote. After reaching an agreement…

TechnipFMC has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield project located offshore Brazil. This project will not only…

Suriname is witnessing a surge in investment and exploration within its oil and gas industry, largely influenced by the achievements of neighboring Guyana and key initiatives like GranMorgu. Major companies,…

Exxon Mobil Corp. has announced its intention to boost natural gas production in oil-centric Guyana and is exploring avenues for exporting this fuel to international markets, according to country manager…

Salunda World-first safety measure installed on four offshore Guyana drilling platforms, utilizing Intellilift’s established digital technologies to automate the tracking and management of essential equipment and personnel. This partnership, involving…