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TechnipFMC’s 600th subsea tree arrives in Brazil for installation at Guyana’s Liza field

UK based oil services company TechnipFMC recently celebrated the delivery of the company's 600th subsea tree in Brazil, which will be installed at ExxonMobil’s Liza field offshore Guyana. The event, which took place at the company’s assembly plant in Rio...

Positioning Guyanese to benefit from opportunities in oil and gas

A consulting firm in Guyana is seeking to educate stakeholders on the various employment and business opportunities in the country’s emerging oil and gas sector. Guyana Global Consulting Group (GGCG) will host an information and networking event entitled, “Building...

Tullow spuds second Guyana wildcat at Orinduik

Tullow Oil’s junior partner at the Orinduik Block, Eco (Atlantic) Oil & Gas Ltd. on Tuesday announced that it has commenced drilling of the Joe prospect offshore Guyana. The company spud Joe-1, the second exploration well on the Orinduik...

TechnipFMC to separate into two companies

TechnipFMC plc (NYSE: FTI) (Paris: FTI) on Monday said is its Board of Directors had unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development;...

‘Carving its niche’ – OilNOW recognised as the ‘go-to site’ for O&G news

As Mining Week 2019 gets underway in Guyana, the Ministry of Natural Resources on Monday took the opportunity to award those persons and entities that have played a significant role in educating the public about the Natural Resources sector....

Offshore Europe another great opportunity to showcase Guyana O&G business potential

British High Commissioner to Guyana, Greg Quinn, said that the upcoming Offshore Europe oil and gas conference and exhibition in Aberdeen Scotland in September is the perfect opportunity for Guyanese companies to forge partnerships with British companies. The High Commissioner...

24 Guyanese technicians to undergo Advanced Systems Training for Liza Destiny placement

The first batch of Guyanese operations and maintenance (O&M) technicians recruited by ExxonMobil Guyana to work on the Liza Destiny Floating Production, Storage and Offloading (FPSO) vessel is about to embark on  Advanced Systems Training at the Cape Brenton...

Liza Destiny FPSO fast approaching Guyana waters; expected within days

The 120,000 barrels per day Liza Destiny floating oil production complex is currently in the south Atlantic Ocean, fast approaching Guyana waters, and is expected to arrive by the end of August. Commenting on the vessel's imminent arrival, ExxonMobil Guyana's...

Eco Atlantic Oil & Gas records Q2 loss

London and Toronto-listed Eco Atlantic Oil & Gas booked a deeper second-quarter loss, as it continued to develop prospects in Guyana and Namibia. Shares, in a report on Friday, said net losses for the three months through June amounted to...

Positive O&G outlook will drive Guyana’s GDP higher over next 10 years – Fitch Solutions

Financial information services provider Fitch Solutions says the first oil discovery outside the Stabroek block will serve to buoy investor sentiment to projects in deepwater Guyana more broadly while pointing out that the positive outlook for oil and gas production will...

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Moonilal appoints new boards for Trinidad’s state energy companies

Trinidad and Tobago's Energy Minister Roodal Moonilal on Monday issued letters of appointment to the new boards of directors...