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Feb. 3 (oilnow.gy) Data collected from new 3D marine seismic surveys across deepwater offshore blocks left unawarded or unresolved in Guyana’s first oil and gas auction will soon play a key role in establishing the country’s first Petroleum Data Repository. The Guyana government first signalled plans to operate a petroleum data repository in 2023, citing concerns that... Continue Reading →
Jan. 30 (oilnow.gy) ExxonMobil Guyana Limited continued exploration drilling at the Barreleye-3 well site on January 27, 2026, as it advances appraisal work in Guyana’s Stabroek Block. The operation is being carried out by the mobile offshore drilling unit Noble Don Taylor. Drilling is scheduled to conclude on February 8, 2026. The Barreleye-3 site lies... Continue Reading →
Jan 30 (OE) Equinor has exercised a one-year priced option for Seadrill’s ultra-deepwater drillship West Saturn for operations offshore Brazil. The exercised option adds $114 million to contract backlog and extends the original contract, which started in 2022, through October 2027. West Saturn is a seventh-generation drill ship, adapted for water depths up to 3,600... Continue Reading →
Jan. 29 (Reuters) French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil and gas exploration in its overseas territories "anachronistic" during a debate in the country's Senate on Thursday. In a world first, France banned new oil and gas exploration and production licenses in 2017, hoping other nations would follow suit. But energy security... Continue Reading →
Jan 22 (Reuters) - Oil major Shell is considering a sale of its assets in Argentina's Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the matter told Reuters. Shell is open to selling some or all of its interests in the highly sought shale... Continue Reading →
Jan. 21 (OE) Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil. In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator. The program is expected to start in the second quarter of 2026... Continue Reading →
Jan. 20 (oilprice.com) Oil production in South America’s Guyana has gone from strength to strength in recent years, as international oil majors develop several new oil-producing regions. This has led Guyana to become one of the most-promising oil producers in the Americas, with high hopes for the future of “low-carbon” oil production. Now, following the United... Continue Reading →
Jan. 15 (OE) Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater. The deepwater survey offshore Trinidad and Tobago will cover approximately 6,000 square kilometers of full-fold area. The acquisition is scheduled to commence in the first quarter of 2026 and... Continue Reading →
Jan. 14 (OE) Eco (Atlantic) Oil & Gas has started discussions with the Government of Guyana regarding the continuation of its appraisal and exploration program on the offshore Orinduik Block, following the expiry of the license’s second renewal term. The Orinduik license reached the end of its second renewal term on January 14, 2026. Eco... Continue Reading →
Jan. 6 (oilnow.gy) A consortium led by TotalEnergies plans to begin a US$25 million 3D seismic survey at Guyana’s offshore Block S4 in August 2026, a project summary from the Environmental Protection Agency (EPA) said. The proposed campaign will cover about 2,000 square kilometers in shallow waters roughly 40 km offshore, at depths of 20 to... Continue Reading →
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