First 20,000-psi Drillship Headed to GoM

Sembcorp Marine delivered 8th-gen ultra-deepwater drillship, which is expected to open up previously inaccessible resources, to Transocean subsidiary.

Chart Talk: Brazil and Guyana New Production Additions

Hart Energy looks at Brazil and Guyana, countries expected to add 3.6 MMbbl/d of production between 2023-2027 with the addition of 21 FPSO units over the five-year timeframe.

Indonesia Awards Two Oil-Gas Exploration Blocks to Boost Production

Southeast Asia's biggest economy has pledged to reach net zero emissions by 2060 but will rely on natural gas to bridge the gap while transitioning to cleaner energy.

Newly Upgraded Njord Field Back Online

Project complexity and the pandemic stretched the upgrade program for the Norwegian Sea field from four years to six.

Halliburton Cutting Out the 'Man' in Cuttings Management

Halliburton’s BaraStream technology is an autonomous solution for drill cuttings management that helps reduce both cost and carbon footprint.

Saipem Wins Two Offshore Contracts in Egypt, Guyana Totaling $1.2 Billion

One contract has been awarded by ExxonMobil Guyana for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters.

Guyana Government Opens Bidding Process for 14 Offshore Oil Blocks

Companies hoping to bid on Guyana's offshore oil and gas blocks have through April 14, 2023.

PGS, TGS JV To Conduct 3D Survey Offshore Brazil

PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul project in the southwest Santos Basin.

Equinor, PGNiG to Submit PDO Plan for Verdande Field

The Verdande field, comprised of the Cape Vulture and Alve Northeast discoveries, contains a total of 36.3 MMboe.

Petrobras Sets Out $78 Billion in Capex for 4-year Period

Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027.