Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Twenty-one frontier wells are expected this year — up from 19 in 2024 — with 11 of these targeting frontier basins, whilst ...

Baker Hughes bagged a 'significant' award to supply production chemicals for the fifth and sixth hydrocarbon production ...

Guyana’s Office of The President has confirmed the approval of a $141.45bn budget allocation that includes an investment of ...

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Baker Hughes Company (BKR), a leading energy technology company, has secured a multi-year contract from Exxon Mobil Corporation XOM to provide specialty chemicals and related services for the Uaru and ...

The Norwegian Offshore ... Guyana's fourth floating production, storage and offloading facility (FPSO) is expected to depart the South American nation in the first quarter of next year. Yellowtail, ...

Offshore oil ... project costs. Beyond 2025, Westwood’s Offshore EPC Contract Award Outlook forecasts continued investment in Petrobras’ pre-salt basin, ExxonMobil’s Stabroek block offshore ...

which has the smallest-ever number of oil and gas leases sales offshore. Westerman on Wednesday called the plan a “joke.” The Resolution Copper project would mine copper in part of Arizona but ...

"President Biden's offshore oil and gas ban is not only harmful to ... President Biden put the future of these projects at risk with his Executive Order." In a statement to Fox News Digital ...

The letter from Jan. 13 states that the project is “the largest offshore carbon-dioxide storage ... has been embraced by oil companies — including Chevron (CVX.N), Occidental Petroleum ...

“And that is a significant increase from 2023, mainly from the third project coming ... expected to be operating offshore Guyana by 2027. The fourth FPSO, dubbed the ‘One Guyana’ FPSO, is expected to ...