Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.The field holds just under 1 trillion cubic feet (tcf) of natural gas…
Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new chief executive following the surprise announcement last week.Chambriard, a four-decade industry veteran…
An Exxon Mobil-led oil consortium will need to decide by October whether it will go ahead and develop a large natural gas find off the coast of Guyana, the country's vice president said on Thursday.The government has been pressing for a bonanza…
Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said on Wednesday…
Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras PETR4.SA is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms…
The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company…
Oil and gas company Enauta has started anchoring operations for the floating production storage and offloading (FPSO) unit Atlanta in Santos Basin, offshore Brazil.As planned, the FPSO Atlanta arrived at Atlanta Field in Santos Basin on May 11…
Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…
The chief executive of Brazil's Petrobras offered to step down, the state-run oil company said on Tuesday, as the government lined up a former regulator for the role, sending shares sliding as investors braced for political interference.Brazilian…
Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs…
Brazil's state-run oil firm Petrobras will begin to drill off Colombia's coast at its Uchuva-2 well this month, Chief Exploration and Production Officer Joelson Mendes told journalists during a press-conference in Houston on Tuesday.The promising…
Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies…
Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil.The financing will…
The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design…
Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs)…