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Woodbury retires, replaced by Hansen

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Exxon Mobil Corporation (NYSE:XOM) said Friday that Jeff Woodbury, Vice President of Investor Relations and Secretary, has elected to retire after 35 years of service. The Board of Directors has elected Neil Hansen, Downstream Controller, as Vice President of Investor...
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ExxonMobil spuds first development well for Liza Phase 1 in Guyana

OilNOW -
ExxonMobil spudded the first of 17 wells for the Liza Phase 1 development in Guyana on May 8 in what is being described as a landmark occasion by the company. The first well also happens to be a ‘producer...
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TechnipFMC seeking multiple services for Guyana operations

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ExxonMobil Guyana Tier 1 contractor, TechnipFMC, is inviting companies to submit Expressions of Interest (EOI) for a number of upcoming opportunities in the South American country. The company is in search of logistics, procurement and transportation services, inclusive of ground...
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Oil at $70 is “good enough” – Halliburton CEO

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Plunging oil prices are rattling the oil markets, but that doesn’t worry Jeff Miller, CEO of Halliburton Company (HAL), one of the world’s largest oil field service companies. Miller feels good with oil prices now trading around $70 a barrel, telling...
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Guyana part of ExxonMobil’s ‘richest portfolio of investment opportunities’ – Woods

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ExxonMobil’s Chairman and Chief Executive Officer Darren Woods told shareholders during the company’s annual meeting on Wednesday that it has put together the richest portfolio of investment opportunities since the merger that brought together Exxon and Mobil some 20...
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Political partisanship ‘biggest mistake’ for Guyana’s Sovereign Wealth Fund – former MP

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A former Member of Parliament (MP) in Guyana believes that political partisanship poses the greatest threat to the establishment and effective management of a Sovereign Wealth Fund (SWF) in the soon-to-be oil producing South American country. Delivering a presentation on...
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Total farms into Angola

OilNOW -
Total S.A. TOT has signed agreements with Sonangol, covering certain upstream and downstream operations in Angola. These agreements will further strengthen TOTAL's operation in the country. Total has been operating in Angola for the past seven decades and is the leading...
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Tullow Oil hires Worley Parsons, Wood for Kenya contract

OilNOW -
Tullow Oil has awarded an engineering design contract for oil production in its northern Kenyan blocs to Australia’s Worley Parsons, a Kenyan petroleum ministry official told Reuters on May 29. Kenya this month moved a step closer to full production...
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Low-cost power could entice large manufacturers back on grid

OilNOW -
As discussions continue in Guyana on the prospect of piping liquefied natural gas to shore, a public official with oversight of the electricity sector believes the availability of low-cost power will serve to entice a number of large manufacturers...
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Return to $100 oil is ‘far from unlikely,’ Norway minister says

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(Bloomberg) Two years ago, western Europe’s biggest oil producing nation said no one should count on $100 crude coming back. Now Norway’s changed its tune. “It’s far from unlikely that we will see $100 again,” Petroleum and Energy Minister Terje Soviknes said...
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TT Energy Chamber flags long-term decline despite short-term gains in oil production

The Energy Chamber of Trinidad and Tobago is urging serious reform in the country's energy sector following the release...

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