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 ...

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to ...

The FPSO unit will be anchored in water approximately 1,800m deep and will have a storage capacity of two million barrels of crude oil. The contract requires EnerMech to undertake ...