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The program aims to advance Guyana’s sustainable economy through investments in education, research, sustainable management, and conservation of the country’s vast ecosystems.

Saudi Aramco’s aim to localize oilfield services in the kingdom is taking another step forward with an onshore drilling partnership with National Oilwell Varco.

GATE will provide facility commissioning and Subsea 7 will provide a pair of infield production flowlines and the umbilical system for Shell’s recently sanctioned deepwater GOM development.

The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.

New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms. Petrobras, Shell, BP, ExxonMobil, Petrogal, and Anadarko are also interested.

Oliver Kassam was appointed CEO at Airborne Oil and Gas, a manufacturer of thermoplastic composite pipe, effective 1 July. He will be based in IJmuiden, The Netherlands. Kassam was most recently president and managing director at SBM Offshore in charge of the company’s activities in Brazil. He has more than 20 years of experience in the global offshore industries hold…

MMT named Per-Olof Sverlinger as its CEO. Sverlinger comes from the Triathlon Group, a management consultancy firm he co-founded and led as its CEO for more than 15 years. During his time as CEO, Triathlon developed a client base in large- and medium-sized Nordic industrial companies. He has an extensive background in operations development, financial analysis, and pr…

Xage Security applies distributed and scalable security to existing legacy systems, enabling energy companies to address operational and security challenges arising from increasing levels of connectivity and cyberattacks. It enables remote authentication and secure device access, allowing operators to add, remove, and control resources securely. The system utilizes fi…

GE announced today that it is spinning off Baker Hughes in its strategic plan for growth and shareholder value creation. It plans to focus on aviation, power, and renewable energy.

This paper highlights a pragmatic approach to managing carbon emissions from offshore installations operating on the UK Continental Shelf, while maintaining competitiveness and maximizing economic recovery, by illustrating the key challenges and opportunities.

Natural gas, long promoted as a “clean” alternative to other fossil fuels, may not be so clean after all. That’s because its main ingredient, the potent greenhouse gas methane, has been leaking from oil and gas facilities at far higher rates than governmental regulators claim.

According to the report by the World Economic Forum, 43 countries boast well-performing energy systems and high-transition readiness, which indicates their ability to address the energy transition based on current performance.