TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Nov. 25 (offshore-energy.biz) Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas – are joining forces to explore the hydrocarbon potential of an offshore block in Guyanese waters. To this end, QatarEnergy has confirmed the signing of a production sharing agreement (PSA) for shallow-water Block S4 offshore Guyana, following the award of the block through... Continue Reading →

November 25, 2025 0

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Nov. 24 (oilnow.gy) Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was formally announced by Managing Director Annand Jagesar, who stated, “This initiative opens new opportunities for exploration and production companies and aims to maintain a high level of exploration activities offshore... Continue Reading →

November 24, 2025 0

QatarEnergy Joins Guyana Offshore Exploration Block

Nov. 17 (OE) QatarEnergy has signed a production sharing agreement for shallow-water Block S4 offshore Guyana. The block was awarded through the 2022 Guyana Licensing Round. Under the terms of the agreement, QatarEnergy will hold a 35% share, while its partners TotalEnergies will act as operator, holding 40%, with PETRONAS holding remaining 25% interest. Block... Continue Reading →

November 17, 2025 0

Suriname Approves Petronas’ Commercial Gas Discovery

Nov. 13 (Reuters) Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas at one of the country's most promising offshore areas, Block 52, the state-run company said on Thursday. The declaration follows a production sharing contract signed in 2013 to explore for oil and gas in the block, three... Continue Reading →

November 13, 2025 0

TotalEnergies, QatarEnergy and Petronas receive green light to explore in Guyana

Nov 11 (Reuters) - Oil producers TotalEnergies, QatarEnergy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday. Guyana has struggled to diversify its energy industry, currently dominated by a consortium that is led by U.S. Exxon Mobil and that has controlled all crude... Continue Reading →

November 11, 2025 0

Petronas, Chevron Sign Contracts for Production Offshore Suriname

Nov. 5 (Reuters) Two consortia led separately by Malaysia's Petronas and U.S. Chevron have signed production-sharing contracts with Suriname's Staatsolie to explore and develop two offshore areas in the South American country, the state company said on Wednesday. Under the 30-year contracts, Staatsolie will conduct a competitive process to select foreign companies to explore and produce oil and... Continue Reading →

November 5, 2025 0

‘Project in Rio Grande do Norte Is No Longer Just an Idea’ | Brazilian Institute Invites Partners to Join Offshore Wind Pilot

Oct. 30 (offshoreWIND.biz) “The pilot plant project in Rio Grande do Norte is no longer just an idea, a dream. We are talking about something concrete, which exists”, said Rodrigo Mello, director at SENAI Institute for Innovation in Renewable Energies (ISI-ER) and its arm in the state of Rio Grande do Norte, SENAI-RN, as the... Continue Reading →

October 30, 2025 0

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Oct. 13 (OE) Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region. The all-share transaction, valued at about $60 million, will create a combined exploration platform spanning eight licenses in Namibia and Uruguay, as well as... Continue Reading →

October 13, 2025 0

Chevron gearing up for drilling ops with Noble rig offshore Suriname

Oct.10 (offshore-energy.biz) Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant. Chevron is set to drill the Korikori-1 exploration well this month, after receiving a permit for the drilling operations at the... Continue Reading →

October 10, 2025 0

Chevron to Begin Drilling at Suriname’s Block 5 in October

Sept. 25 (Reuters) U.S. energy producer Chevron is expected to begin drilling at Suriname's shallow-water Block 5 next month, the country's oil minister, Patrick Brunings, said. "They will be drilling the Kori Kori well," he said in a TV interview this week. "If this well does indeed contain oil or gas, it will of course be very... Continue Reading →

September 25, 2025 0

Category: Shallow water