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Wood, TechnipFMC named among Scotland’s best green businesses

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Energy services giants Wood and TechnipFMC have been named among Scotland’s best green business. The pair is among 40 firms to be nominated for the Scottish Environment Business Awards (VIBES). Aberdeen-headquartered Wood is up for top environmental product or...
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Lack of funds to move country forward will be thing of the past – US Ambassador

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US Ambassador to Guyana, Perry Holloway, believes the country can expect “exciting times ahead”, as it moves towards becoming one of the largest oil-producing nations in the region. He was speaking at the US Embassy’s Independence Day celebrations held at...
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EPA urges public to speak up as Liza Phase 2 EIA consultations continue

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Members of the public in Guyana are being urged to submit questions and comments to the Environmental Protection Agency (EPA) regarding the potential impact the proposed Liza Phase 2 development would have on the environment. In a public notice on...
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Brazilian investors looking to farm into O&G opportunities in Guyana

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Guyana’s Minister of State, Joseph Harmon, on Thursday, met with a delegation of Brazilian investors who are in Guyana to explore areas of investment in the country’s emerging oil and gas sector. The meeting took place at the Minister...
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ExxonMobil Senior VP calls on Guyana’s President

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Guyana’s President David Granger, on Thursday, received a courtesy call from Senior Vice President of Exxon Mobil Corporation, Neil Chapman, who is in Guyana to familiarise himself with the operations, having recently taken over responsibilities for the global upstream...
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Hundreds of Norway oil workers go on strike, Shell shuts Knarr Field

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(Reuters) Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher. One union said...
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Rystad joins Wood Mack in 700,000 bpd production estimate for Guyana

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Guyana is expected to rank among the thirty largest nations for offshore oil services by the 2020’s and has the potential to produce up to 700,000 barrels of oil per day if all of the current discoveries are made...
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Beneficial owners of oil companies to be listed in public registry

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The beneficial ownership roadmap for Guyana has been drafted, and in order to meet the requirements of the Extractive Industry Transparency Initiative (EITI), come 2020, a public registry of all beneficial owners of companies operating in Guyana’s Oil and...
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EITI Regional Director urges continued transparency

OilNOW -
The Guyana Government is being urged to continue its transparency efforts regarding contracts with oil companies operating in its territory.  This call was made by the Regional Director of the Extractive Industries Transparency Initiative (EITI) Francisco Paris. According to the...
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Guyana has more barrels of oil per capita than any country in the world – Rystad Analyst

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With eight commercial oil discoveries made since 2015 and just two dry holes, Guyana’s success rate stands at a record 80% while the industry average is 35% in general and 20% for frontier regions. Senior Analyst at Norway-based Rystad Energy,...
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Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and...

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