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Oil contracts signed after Exxon PSA will be reviewed – Guyana Opposition Leader

Should the opposition People’s Progressive Party Civic (PPP/C) win the upcoming elections in Guyana, efforts will be made to review contracts signed after the ExxonMobil Production Sharing Agreement (PSA) in order to extract more revenue for the South American...

Fastest production ramp-up ever undertaken on track for first oil

Plans are moving along rapidly in South America’s newest oil and gas hotspot for the start of oil production, now just months away. The arrival of the Liza Destiny FPSO in Guyana was announced on August 29, paving the...

Brazil senate approves transfer of rights oil settlement with Petrobras

(Reuters) - Brazil’s Senate on Tuesday night approved an amended transfer of rights agreement settling a dispute over pre-salt oil fields between the government and oil company Petrobras that still needs to pass the lower house to clear way...

PCJ confirms discovery of oldest live oil seep in Jamaica

(Jamaica Observer) Tests carried out by two separate independent laboratories have confirmed that an oil seep identified in 2018 by the Petroleum Corporation of Jamaica (PCJ) is the island's third onshore live oil seep. PCJ said in a release yesterday...

Georgetown, Aberdeen Chambers sign MoU at Offshore Europe

The Georgetown Chamber of Commerce and Industry (GCCI) and the Aberdeen & Grampian Chamber of Commerce signed a Memorandum of Understanding (MoU) on Tuesday, September 3, 2019 at the Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition. President...

Liza Destiny helideck gets certification

On Tuesday, the Floating, Production, Storage and Offloading (FPSO) vessel, Liza Destiny, received its first helideck inspection certificate from the Guyana Civil Aviation Authority (GCAA). A helideck is a platform on a vessel or offshore structure, which allows helicopters to...

Industry must adapt or go the way of the dinosaurs – Total CEO tells Offshore Europe

(Energy Voice) CEO Patrick Pouyanne delivered the keynote address at the opening day of Offshore Europe at the new P&J live venue. The industry heard how climate change is the single greatest challenge facing the industry, jeapordising its license to...

More than 100 persons participate in oil spill emergency response training

More than 100 persons have participated in emergency response training organized by ExxonMobil Guyana as part of its continued effort to prepare in the unlikely event of an oil spill. The two day activity followed extensive training in the Incident...

T&T exploration in decline as Guyana fast-becoming regional centre of attraction

As petroleum exploration activities offshore Guyana intensify with more than six billion barrels of oil already discovered by ExxonMobil and other explorers gunning for more, neighbouring Trinidad and Tobago (T&T) is beginning to feel the effects, losing human and...

Offshore Europe: Guyana Pavilion set to connect industry players

The Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition will begin on September 3 through 6 in Aberdeen, Scotland. Energy business professionals will have an opportunity to learn more about South America’s newest oil and gas hotspot...

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Yellowtail production could climb to 290,000 b/d pending government green light

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a...