The deepwater hydrocarbon exploration market is driven by the increasing demand for energy and the depletion of conventional hydrocarbon resources.

Regulatory developments include FERC’s actions on electric storage resources participating in the wholesale markets, co-location of large ...

A 'substantial' oiland gas discovery has been made in a shallow water block in Nigeria by state-owned NNPC and its indigenous ...

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The G1FSO project will be the flagship initiative to enhance NOVA's performance this year. The success of the G1FSO project ...

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the ...

Guyana's economy is growing rapidly, with strong oil production and a rising non-oil sector, while the IMF highlights its fiscal stability, poverty reduction efforts, and economic diversification ...

Guyana’s economic transformation is advancing at a strong pace,” an International Monetary Fund (IMF) team said in its ...

The floating, production, storage and offloading (FPSO) vessel used for the Buzios7 project is one of the largest in the world, boasting a processing capacity above the industry average. It is capable ...

An International Monetary Fund (IMF) staff team, led by Ms. Alina Carare and Ms. Lusine Lusinyan, held discussions virtually and in Georgetown for the 2025 Article IV Consultation during February ...

Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

The interlocutor of the Argyle Declaration that was reached between Venezuela and Guyana, Prime Minister of St. Vincent and ...