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Saipem seeking local welders for Guyana operations

OilNOW -
Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...
Energy Insights

Guyana goes after reforms to modernise oil sector

OilNOW -
In its 2020 manifesto, the People’s Progressive Party/Civic administration pledged to ensure better contract management for the Stabroek Block Production Sharing Agreement (PSA) and future contracts. In just two years, the government has embarked on a number of legislative and...
News

Guyana to seek early interactions with Brazil’s Lula

Shikema Dey -
Come January next year, Guyana will be dispatching new bilateral requests to Brazil’s new President-elect Luiz Inácio Lula da Silva as it looks to foster closer relations through the creation of a deepwater harbour connecting the two countries. Guyana’s President,...
News

Tullow in new Ivory Coast PSC

OilNOW -
Tullow Oil said it signed a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity. The remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres...
Opinions

The Significant Offshore Events in the U.S. That Contributed to Guyana’s Meteoric Rise as a Leading Oil Producer

OilNOW -
By Fernando Hernandez - OilNOW To understand Guyana’s meteoric rise as an oil-producing nation, it is necessary to reference critical events that occurred in the U.S.’ Gulf of Mexico (GoM) in 1947 and 1986. These events were crucial to the...
News

Guyana High Court throws out EPA waiver of impact study to Schlumberger

OilNOW -
Guyana’s Supreme Court on Friday quashed a decision by the Environmental Protection Agency (EPA) to waive an Environmental Impact Assessment (EIA) during the authorisation process for the construction and operation of a source storage and calibration building facility at...
Opinions

2022 Year in Review of Guyana, Part 1: What I have said so far

OilNOW -
By Dr. Lorraine Sobers - OilNOW The year 2022 has been an intriguing one for Guyana’s energy sector: oil production and reserves have grown significantly, local content legislation came into full force, legal local content disputes arose and were settled,...
News

Project to develop up to 76 wells will push Guyana’s output above 1 million bpd milestone

OilNOW -
ExxonMobil Guyana is seeking Environmental Authorisation for a proposed fifth deep water petroleum development project in the eastern portion of the Stabroek Block offshore the South American country, in the Uaru, Mako and Snoek Fields. The project, which will consist...
News

Hess ranks high on two Dow Jones Sustainability Indices

OilNOW -
US oil producer, Hess Corporation, has announced that it has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year. This is the first time that Hess has been included in...
News

CNOOC partners with POWERCHINA to provide Guyanese community with solar lighting

OilNOW -
CNOOC Petroleum Guyana Limited (CPGL) said it recently donated a complete solar lighting community system to Moraikobai, the only indigenous village in Region Five (Mahaica-Berbice), Guyana. In all, 130 lights were given to the community along with eight flood lights...
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Energy Chamber urges gas independence amid Venezuela’s suspension of energy deals

The Energy Chamber of Trinidad and Tobago is urging the government to accelerate efforts to boost domestic gas production...

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