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New ExxonMobil Guyana President looking to build on company’s success

Alistair Routledge, the new President of ExxonMobil Guyana says he is looking to build on the accomplishments the company has made over the past several years, as he takes up the top leadership role. That success includes 16 oil discoveries,...

Lead environmental consultants for Guyana offshore developments enter strategic partnership

ERM Guyana Inc., an affiliate of ERM, said Wednesday it has entered an agreement with Guyana-based Environmental Management Consultants (EMC) to formalize the relationship between the two entities to provide environmental and socioeconomic support in Guyana, with a particular...

Alistair Routledge officially takes up new position as ExxonMobil Guyana President

Alistair Routledge has taken up his new post as President of ExxonMobil Guyana after serving in a similar role in Qatar over the past six years. He replaces Rod Henson who was recently named Vice President, Wells, for ExxonMobil...

Agreement sealed for increased gas supply in Trinidad and Tobago

The National Gas Company of Trinidad and Tobago Limited (NGC) and BHP have announced the successful completion of negotiations of a Gas Sales Agreement for the Ruby Field. Ruby is located in Block 3(a), off the east coast of...

Why developing Guyana’s oil fields early matters

The jury is out on what future oil demand will look like, when the world will hit peak oil and what long-term impacts the coronavirus and the energy transition are likely to have on demand. With Guyana sitting on...

CNOOC starts production at Luda development project

China’s state oil company CNOOC has began production at the Luda 21-2/16-3 regional development, located Liaodong Bay of Bohai Sea, about 39 kilometers north of Luda 10-1 oilfield and 90 kilometers northwest of Suizhong 36-1 onshore terminal. CNOOC said the average...

Guyana set to participate in SPE 5-day virtual event

The Society of Petroleum Engineers is set to host its first-ever virtual event for the Latin American and HSE and Sustainability communities on July 27-31, 2020. SPE said it initially planned to co-locate two top-tier events this year in Colombia;...

Guyanese official now heads Tiger Rentals country office

Tiger Rentals Guyana Inc. announced on Wednesday that it has appointed Guyanese, Shane Singh, as its new Country Manager. “Mr. Singh’s appointment will play a critical role in supporting Tiger Rentals’ continued growth, strategy and delivery of quality service in...

Big Oil’s worst-ever loss puts historic BP dividend cut in play

(Bloomberg) For the first time since the West’s five energy supermajors were created in the early 2000s, all of them are set to post a quarterly loss. Once a money-making machine, Big Oil is now relying on ever-increasing amounts of...

Opposition party appears to have won, incumbent yet to concede but O&G activities will progress – Fitch Solutions

Political uncertainty in Guyana will have a limited impact on the ongoing oil and gas development projects in the South American country although the oil price rout and fall in global oil and gas investments could delay exploration and...

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DOF secures over US$15 million in vessel contracts for CARICOM region

Norwegian offshore services company DOF Group has secured contracts worth between US$15 million and US$25 million for two anchor...