The winners of an auction for oil exploration blocks off Guyana's coast were given until the end of the month to submit additional information requested by the government before awarding the contracts, the country's vice president said on Thursday…
Malaysia's state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.Suriname's offshore exploration areas are adjacent to Guyana…
Malaysian oil company Petronas is planning to drill at least two additional wells offshore Suriname next year to gather more data for its field plans before making a final investment decision for its area, Block 52, state firm Staatsolie said on Thursday…
A unit of Suriname state-owned energy company Staatsolie on Tuesday launched a competitive bidding round for 11 offshore areas in the country, with bids to be submitted through May.The blocks, in the nearshore and shallow offshore areas, are…
Suriname offered late Monday to exchange $675 million of dollar bonds for new notes, the next step in negotiations after reaching a deal with its bondholders in May.The government offered holders of debt due in 2023 and 2026 to swap their notes for a new 10-year bond due July 15…
TotalEnergies' Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of 'good news' on developing oil projects in the South American country, he said on Wednesday at a conference.France's TotalEnergies and partner U…
Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday.The area is part of Brazil's Equatorial Margin…
The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…
TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne…
Shapoorji Pallonji Energy Pvt Ltd (SP Energy) said Monday it had obtained a Class Approval-in-Principle for the Concept and Design Basis of its FPSO Newbuild Hull from the American Bureau of Shipping (ABS). SP Energy has been working on the concept design of ‘STERLING STREAMLINE’…
Brazil's state-run oil company Petrobras expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said on Wednesday.The region is part of Brazil's Equatorial Margin…
Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday.Alexandre Silveira's remarks…
Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline.'SP Energy, India’s sole specialist in designing, building, owning and operating…
APA Corp. said on Wednesday its most recent appraisal well in Block 58 off Suriname's coast confirmed the extension of oil resources 14 kilometers from the discovery well.APA's exploration in Suriname has been closely watched as it could become Suriname's first commercial deepwater project…
TotalEnergies is expected to lay out the potential for its oil discoveries in Namibia at an investor day next week as the French energy firm continues to bet on oil and gas to boost profits while also growing its low-carbon business.The group…
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