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Maersk spuds Suriname well, starts operations in T&T on same day

OilNOW -
The semi-submersible rig Maersk Developer earlier this month spudded the Sloanea-1 well in Suriname on the same day the Mærsk Discoverer began operations at the Matapal development in Trinidad and Tobago (T&T). “Earlier this month, Maersk Developer spudded the Sloanea1...
News

O&G will provide half the world’s energy needs for another 20 years – Darren Woods

OilNOW -
With Guyana poised to be a major oil producer in Latin America in coming years, concerns have been mounting globally over the longevity of the oil and gas industry due to the push towards renewables. However, the expectations are...
News

Guyana now on world stage of mega investment opportunities – country says it is ready

OilNOW -
The discovery of billions of barrels of oil equivalent resources has catapulted Guyana to the top of the list of places to invest in the Latin America and Caribbean region and the now almost 3-month old government has been...
News

Peterson and OneSubsea bag contract for Matapal project in Trinidad and Tobago

OilNOW -
Leading international energy logistics provider Peterson has confirmed a project logistics services contract with OneSubsea to support their work on the Matapal project in Trinidad and Tobago. The contract award will see Peterson deliver turnkey logistics support to OneSubsea for...
Exploration

Guyana has at least 10 years of intense exploration drilling, biggest window of opportunities – Ramnarine

OilNOW -
New oil producer Guyana will see the highest level of exploration activities unfolding over the next ten years, which, according to one official with years of experience in the industry, presents the best window of opportunity for the people...
News

Hess ensuring cash keeps flowing to fund capital-intensive projects in Guyana

OilNOW -
Hess Corporation, a 30 percent stakeholder in Guyana’s Stabroek Block, has said the South American country is a major part of its growth plans in the coming years and this has seen the company take a number of steps...
News

CDC modelling shows no direct impact to Guyana if oil tanker spills cargo in Gulf of Paria

OilNOW -
The Civil Defence Commission (CDC) in Guyana said on Tuesday evening that several analyses and modelling were conducted of the potential threat of an oil spill from the FSO NABARIMA (bearing Venezuelan flag) which is listing with 173,000 tons...
News

Venezuela state oil company plans to offload crude from vessel under threat of sinking near T&T

OilNOW -
(Marine Link) Venezuelan state oil company Petroleos de Venezuela (PDVSA) plans to offload crude from the Nabarima floating oil facility via ship-to-ship (STS) transfer amid environmental concerns, two people familiar with the matter said on Monday. The Nabarima, part of...
News

Guyana, Caribbean agencies monitoring Venezuelan oil tanker on verge of sinking near Trinidad & Tobago

OilNOW -
The Civil Defence Commission (CDC) in Guyana and the Caribbean Disaster Emergency Management Authority (CDEMA) are closely monitoring a Venezuelan-flagged tanker anchored in the Gulf of Paria near Trinidad and Tobago, which is under threat of spilling 1.3 million...
News

Guyana will be lifting 4th oil cargo as second pandemic wave threatens demand

OilNOW -
Oil prices continued to slide on Tuesday as concerns grow about the resurgence of coronavirus cases around the world which could stymie a recovery in oil demand just when Guyana is preparing to export its 4th 1-million-barrel of Liza...
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Exxon committed to building local capacity – Professor Sankat

Professor Clement Sankat, Director of the Guyana Technical Training College Institute (GTTCI), has lauded ExxonMobil’s contribution to the country's...

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