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Monthly Archives: January 2019

Just twenty-eight days: more Guyanese benefiting from opportunities offshore

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Lindon Swamy’s wife is used to missing him. For more than two decades, Lindon spent months at a time away from home working at sea...

Guyana among targets for oil major Total as company plans biggest exploration drive in...

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Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company’s focus on...

US oil sanctions on Venezuela will not be major blow to Maduro regime –...

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Rystad Energy analyst Paola Rodriguez-Masiu believes that while the sanctions announced on Monday by the US against Venezuelan state oil company PDVSA will have...

TechnipFMC awarded EPCI contract for North Sea development

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TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract for a North Sea development. According to a press release onTuesday,...

Glengorm ‘largest UK gas find since 2008’ – WoodMac

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Oil and gas industry analyst Wood Mackenzie is calling CNOOC’s latest gas discovery at Glengorm the largest UK gas find since 2008 and one...

CNOOC Limited makes discovery in UK North Sea

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CNOOC Limited on Monday announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea. “The Glengorm discovery is located in...

US imposes sanctions on Venezuela’s PDVSA

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The BBC is reporting that the US has imposed sanctions on Venezuela's state-owned oil firm PDVSA in a bid to pressure the country’s military...

3rd batch of subsea pipes for Liza Phase 1 expected within weeks – Saipem

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The third batch of sub-sea pipes for the Liza Phase 1 Development Project is expected to arrive in Guyana within weeks as work intensifies...

Tullow upbeat about Jethro, Carapa prospects offshore Guyana

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UK-based Tullow oil will be focusing heavily on its exploration programme offshore the South American country of Guyana in 2019 with multiple prospects on...

Venezuela crisis: Will the US target oil exports?

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(BBC) In its battle against the rule of Venezuelan President Nicolás Maduro, the United States has been trying to cripple the government's ability to...