The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

FINANCE Minister Dr. Ashni Singh has said that Guyana’s sustained “double-digit growth and fiscal prudence” under the People’s Progressive Party/Civic ...

Discover SBM Offshore's record-breaking 2024 performance! Explore revenue milestones, growth opportunities, and a $35.1B backlog driving future profitability.

Contractor's share price hits level not seen since 2008, as it targets 16 'sweet spot' projects in next three years ...

Dutch oil and gas services firm SBM Offshore's annual revenue jumped 35% to a record high in 2024, driven by the sale of its ...

With the aim to offer support to those local entrepreneurs that are rising to the challenge, the Minister noted that over 1,000 local companies are registered ...

By Dimitri Rhodes and Johan BODINIER (Reuters) -Dutch oil and gas services company SBM Offshore reported a 35% jump in annual revenue to a record high on Thursday, driven by the sale of its floating ...

Record-level results, increasing total shareholder returnsHighlightsRecord Directional1 Revenue of US$6.1 billion ...

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

US supermajor ExxonMobil has submitted an application for an environmental authorisation to develop the Hammerhead discovery ...

The fourth floating production storage and offloading facility to be operated by the Exxon-led consortium in Guyana has ...