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Monthly Archives: January 2020

Three injured in fire at Perenco platform offshore T&T

Three oil workers have been injured as a result of a fire at Perenco Trinidad and Tobago’s (TT) offshore AD platform. TT’s Ministry of...

ExxonMobil earns $14.3B in 2019 as Guyana operations enter new chapter

Exxon Mobil Corporation (NYSE:XOM) announced Friday its estimated fourth quarter 2019 earnings of $5.7 billion, or $1.33 per share assuming dilution. Earnings included favorable identified...

Guyana government will soon lift its first 1 million barrels of oil

The government of Guyana in the coming days will lift its first share of oil from the Liza Phase 1 Development located 120 miles...

Halliburton seeking applicants for Guyana operations

US oilfield services and drilling technology company Halliburton is seeking to fill a number of positions to support its offshore operations in Guyana, the...

Renewable energy on Guyana’s radar

Even as the South American country of Guyana gears up to become a significant oil producer in the region with estimates of daily output...

Bahamas gunning for oil as Guyana success excites region

Bahamas Petroleum Company (BPC) said Thursday it will be drilling an exploration well in April with results expected in the second quarter of the...

MODEC to supply largest ever FPSO to Brazil for production at giant ‘pre-salt’ region

MODEC, Inc.  said Thursday it has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, to...

Development drilling for giant Liza Phase 2 project set to begin next month

Development drilling for the 220,000 barrels per day Liza Phase 2 project offshore Guyana will begin next month as US oil major ExxonMobil ramps...

Liza Unity floater will push Guyana’s total oil production to 340,000 bpd by 2022

Double the capacity of the Liza Destiny FPSO, the Liza Unity – the vessel that will begin producing oil at Guyana’s second offshore development...

Liza Phase 1 approaching 75,000 barrels per day

Oil production at Guyana’s first ever offshore development – Liza Phase 1 - is ramping up with daily output now around 75,000 barrels per...