Oil rig sinks off Gabon coast

Oil rig sinks off Gabon coast

A Borr Drilling oil and gas rig sank off the coast of Gabon late Saturday night, leaving one employee dead and four others unaccounted for according to reports from Reuters.

TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems

TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems

TechnipFMC has announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP p.l.c. (NYSE: BP), which sets out a framework for bp and TechnipFMC to cooperate in connection with the supply of 20,000 psi (20K) subsea tree systems for bp’s Paleogene projects in the Gulf of America.

EOG and BP advance T&T gas development with loadout of Coconut offshore jacket

EOG and BP advance T&T gas development with loadout of Coconut offshore jacket

A joint venture between EOG Resources and BP has reached a major milestone in Trinidad and Tobago's natural gas sector with the successful local fabrication and loadout of the Coconut offshore jacket. The structure was constructed by Trinidad Offshore Fabricators Company Unlimited (TOFCO). Its deployment follows just days after the loadout and installation of the Manatee jacket, marking the second major offshore platform TOFCO has dispatched within a single month.

ExxonMobil makes new discovery at Rockhead-1 well offshore Guyana

ExxonMobil makes new discovery at Rockhead-1 well offshore Guyana

ExxonMobil has made a new hydrocarbon discovery at the Rockhead-1 well in the prolific Stabroek Block offshore Guyana, potentially adding to the resources slated for future development in the region.

OilNow reported that Guyana’s Minister of Natural Resources, Vickram Bharrat, confirmed the find, noting that the new well is situated adjacent to the company's 2018 Ranger-1 discovery, which is currently undergoing appraisal activities.

Statement by the Energy Chamber of Trinidad and Tobago on the 2026/2027 National Budget

Statement by the Energy Chamber of Trinidad and Tobago on the 2026/2027 National Budget

The Energy Chamber of Trinidad and Tobago welcomes the Government’s recognition in Budget 2027 that the energy sector "remains the main pillar of our economic strength" and the source of over 70 percent of the country’s foreign exchange earnings. We welcome the momentum on new gas supply, the Energy Accelerator Hub and the commitment to reform the VAT system. The Chamber shares the Government’s goal of re-igniting the sector. Higher production is the most sustainable source of revenue for the country, and achieving it requires clear policy and a competitive fiscal environment.

Sleipnir advances major offshore installation campaign in Trinidad

Sleipnir advances major offshore installation campaign in Trinidad

Heerema Marine Contractors' flagship heavy lift vessel, Sleipnir, has commenced a significant offshore installation campaign offshore Trinidad, involving the transportation and installation of two offshore platform jackets and topsides for two separate energy operators.

TechnipFMC awarded flexibles contract by Petrobras

TechnipFMC awarded flexibles contract by Petrobras

TechnipFMC has been awarded a significant subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil.

Equinor and Shell partner on the Bay du Nord project Canada

Equinor and Shell partner on the Bay du Nord project Canada

Equinor and Shell have signed an agreement under which Shell will acquire a 30% interest in the Bay du Nord project offshore Newfoundland and Labrador in Canada. The transaction supports the continued maturation of Bay du Nord towards an investment decision currently targeted for early 2027.

Shell books Deepsea Mira for Trinidad and Tobago, Caribbean drilling programme

Shell books Deepsea Mira for Trinidad and Tobago, Caribbean drilling programme

Northern Ocean has signed a contract with a Shell subsidiary for the Deepsea Mira drilling rig, with operations expected to begin in April 2027.

The firm programme will cover Trinidad and Tobago and the wider Caribbean for an estimated 150 days. Northern Ocean said the contract is worth about US$70 million, including mobilisation and demobilisation costs. Shell also has an option for an additional one-year programme, which could increase the total contract value to about US$226 million.