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Monthly Archives: June 2020

Brazil’s Petrobras says Buzios oil field achieved a new daily production record in June

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(Reuters) - Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the...

Shell’s US$22 billion write down ‘signals fundamental change’ – WoodMac

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Speaking after Shell announced impairments of up to US$22 billion to its portfolio, Angus Rodger, a director with Wood Mackenzie’s upstream research team, said,...

Guyanese recruitment firm gets TRACE certification

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Guyanese-owned Strategic Recruitment Solutions Inc (SRSGY) has taken another step forward in meeting international compliance requirements by Completing TRACE Certified Due Diligence. TRACEcertification is a heavily...

BP’s decision to sell its global petrochemicals business will impact T&T – Former Energy...

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The move by BP to sell its global petrochemicals business to INEOS for $5 billion as part of plans to “reinvent” itself into a...

Brazil’s Petrobras to sell stake in Campo de Tartaruga oil field: filing

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(Reuters) - Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the...

Transborders designates SBM Offshore exclusive operation & maintenance services contractor for FLNG facilities

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Transborders Energy (Transborders) announce on Monday that it has entered into a FLNG Solution Partnership Agreement with Single Buoy Moorings Inc. (SBM Offshore) for...

Hearing on ICJ’s jurisdiction in Guyana-Venezuela border controversy set for today

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The public hearings on the question of the jurisdiction of the International Court of Justice in the case concerning the Arbitral Award of October...

Guyana will face economic detriment if election impasse continues to delay projects – Rystad...

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Norway-based independent energy research company Rystad Energy says the prolonged political impasse in Guyana continues to be a risk to the country’s emerging oil...

More Guyanese women entering oil and gas – almost 400 supporting Exxon’s operations

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A growing number of Guyanese women are entering the Oil and Gas sector as offshore operations in the South American country continue to expand...

BP agrees to sell global petrochemicals business to INEOS for $5 billion

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(S&P Global) London — BP has agreed to sell its global petrochemicals business to INEOS for $5 billion as part of plans to "reinvent" BP...