(Reuters) – U.S. oil and gas producer Hess Corp HES.N reported a wider-than-expected loss on Wednesday and slightly lowered its full year production forecast, as its operations
Category: Guyana
Don’t Go Chasing (Deep) Waterfalls: The Future of Drillship Financing
The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies
KOTUG Anchor Handler Secures Offshore Work in Guyana
Dutch marine services and towage company KOTUG said it has been awarded a long-term contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL)
The South American Deepwater Sector
2020 set the stage for a profound transformation in the oil and gas industry. The oil and gas industry was already facing a challenging transition
Brazil among the top world oil producers
Leveraged by the pre-salt, Brazil was the fifth country that most increased oil production between 2011 and 2019, in the world. One of the main
Noble Corporation scores rig extension deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil. Noble said on Thursday that
