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Tuesday, December 18, 2018

LATEST ARTICLES

Pact between Guyana and ExxonMobil ‘more than commercial’ in nature

The decision by US oil major ExxonMobil to conduct a new 3-D seismic survey on the western portion of the Stabroek Block offshore Guyana...

PricewaterhouseCoopers submitted EOI for ExxonMobil cost recovery audit

PricewaterhouseCoopers Advisory Services Limited submitted an Expression of Interest (EOI) to the Government of Guyana (GoG) for a cost recovery audit consultancy in relation...

Upstream industry expected to thrive in 2019; Guyana among biggest sanctions

As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry with the biggest project sanctions...

New exploration on western portion of Stabroek Block significant – ASP

US oil major ExxonMobil’s move to undertake a new 3-D seismic survey covering 12,000 square kilometers on the western portion of the Stabroek Block...

“Staggering” discoveries pushing record production – Hess

Hess Corporation’s Senior Vice President – Exploration, Barbara Lowery-Yilmaz, says greater than five billion barrels of equivalent resource in four years is “pretty tremendous”...

Guyanese business group calls for swift implementation of local content framework

The Private Sector Commission of Guyana (PSC) is calling for the swift implementation of a local content framework within which local businesses can operate...

Angola’s Sonangol, ExxonMobil sign oil exploration agreement

(Reuters) - Angola’s state oil company Sonangol and ExxonMobil on Friday signed a memorandum of understanding for oil exploration in the country’s Namibe basin,...

Inter-generational equity and the rationale for Guyana’s “Sovereign Wealth Fund”

The policy of investing resource revenues in reproducible capital suggests irresistibly that some appropriately defined stock is being maintained intact, and that consumption can...

More project approvals will give Guyanese companies confidence to invest, build capacity – Henson

ExxonMobil Guyana Country Manager Rod Henson says the next decade will be transformational for businesses in the South American country and with the approval...

Institute launched to boost maritime safety in oil and gas industry

Combining courses being offered in the Maritime and Petroleum sectors, two local institutions have partnered to launch the Maritime Safety Training Institute (MSTI). The institute...

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