Page 27 - Stabroek News Today

Ali’s plans are in addition to a $1 billion gas-to-shore pipeline project for domestic power generation that is scheduled to be complete by the fourth quarter of this year, Ali said. The project will provide 50 MMcfdg in the first phase before ramping up to 120 Mmcfd.

Several high-profile mergers among oil and gas majors in the U.S. signal a shift towards consolidation and expansion in response to rising oil prices and geopolitical tensions, solidifying their positions in the industrys future.

Oil majors are now hedging their bets by targeting new oilfields that can be profitable even at $30 per barrel oil

(Bloomberg) -- Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Commercial Property LoansWall Street Looks Past Inflation Angst Before PPI: Markets WrapGuyana has undergone a huge transformation in the near decade since a massive oil discovery off its shores. That’s ...

LET’S get one thing straight. However and whenever the teachers’ strike ends, the lesson learned will include the fact that around here nothing really changes, and the maxim that talk

DeepOcean will provide subsea construction and IMR (inspection, maintenance and repair) services for the Stabroek block.

Despite Venezuela’s objections, Exxon said it would carry on with its drilling in Essequibo in Guyana’s Stabroek block.

From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space. 

ExxonMobil has selected DeepOcean to provide subsea construction and IMR services for its operations in the Stabroek block. 

DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea IMR work, at ExxonMobil Guyana’s operations at the Stabroek Block, located approximately 120 m offshore Guyana.