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Monday, May 20, 2019

LATEST ARTICLES

Guyana session at OTC saw capacity audience

This year’s Houston's Offshore Technology Conference highlighted panels that showed a global deepwater that has become increasingly robust and the session on Guyana saw...

Iraqi oil minister says ExxonMobil staff evacuation is ‘unacceptable’

Iraq's oil minister on Sunday blasted ExxonMobil for evacuating its foreign staff from the West Qurna 1 field, saying all international oil companies working...

Designing energy subsidy reform strategy for emerging economies

Many countries have incorporated specific measures into their subsidy reform strategies to overcome the barriers of energy improvement. Country reform experiences suggests the following...

ExxonMobil pulls foreign staffers from Iraq

US oil major ExxonMobil has evacuated all of its foreign staff from an Iraqi oilfield west of Basra and is flying them to Dubai,...

Guyana Energy Dept. says oil consultant not employed by ExxonMobil

Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe, in a statement on Friday evening said he outrightly rejects the claims published in...

UNDP, Guyana Dept. of Energy discuss ‘value for money’ in oil sector

The United Nations Development Programme (UNDP) and Guyana’s Department of Energy (DE) have committed to continue working closely on matters related to the strengthening...

Liza Unity moving SBM’s Fast4Ward programme ‘from plan to reality’

The award of a second FPSO contract for the Liza project in Guyana is advancing Dutch floater specialist, SBM Offshore’s Fast4WardTM programme, moving it from...

EnscoRowan awarded $180M in damages against Samsung Heavy Industries

Ensco Rowan plc (NYSE: ESV) announced on Thursday that an arbitration tribunal has awarded the company $180 million in damages in its proceedings against...

CNOOC seeking coordinator to lift its share of Guyana oil

Chinese oil company CNOOC is looking for a coordinator to lift is share of oil when production gets underway at the 120,000 bpd Liza...

Suriname stands ready to share oil and gas knowledge with Guyana

The Dutch-speaking South American country of Suriname says it stands ready to share its knowledge in oil and gas with its English-speaking neighbour Guyana,...