ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

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Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has delivered its latest floating production, storage and offloading ...

The total U.S. rig count is made up of 479 oil rigs, 102 gas rigs, and four miscellaneous rigs, according to Baker Hughes, which showed that this total comprised 520 horizontal rigs, 49 ...

Georgetown, Guyana – ExxonMobil Guyana and its Stabroek block co-venturers, Hess and CNOOC, today announced they reached 500 million barrels of oil produced from Guyana’s offshore Stabroek block.

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Oil India Ltd. has started long-term exploration offshore India with the arrival of the Blackford Dolphin deepwater semisubmersible rig. The Dolphin Drilling AS rig arrived in Indian waters in ...

Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar ...

Guyana and Suriname have been the focus of exploration and development by oil majors in recent years. The global LNG market would welcome new supply in the early 2030s from sources other than the ...

SBM Offshore is in charge of the construction of the FPSO. The company has also established partnership with three Guyanese fabrication companies, including Industrial Fabrications Incorporated (InFab ...