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USVI Governor Kenneth Mapp announces $1.4 b agreement to restart St Croix refinery

Governor of the United States Virgin Islands (USVI) Kenneth Mapp has announced an agreement that would reopen one of the world’s largest refineries on St Croix, creating hundreds of jobs in the territory, according to an OECS Business Focus...

Additional oil discoveries have improved Guyana’s outlook – IMF

The International Monetary Fund (IMF) said on Friday that additional oil discoveries made by US oil major ExxonMobil off the Guyana coast have served to improve the South American country’s medium and long-term outlook. On June 15 the Executive Board...

Rystad estimates Ranger could contain 346 million barrels of oil

While the updated estimated total recoverable reserves in the Stabroek Block offshore Guyana is being assessed by US oil major ExxonMobil, Norway-based Rystad Energy has put forward estimates of its own for all wells where crude has been found...

ExxonMobil seeking to prequalify contractors for head office construction in Guyana

US oil giant ExxonMobil’s local subsidiary Esso Exploration and Production (Guyana) Limited has published a Request for Information for general contracting services, with a view to gathering the relevant data on the market for contractors for the construction of...

More workers come out in Norwegian oil and gas strike

Union widens six-day drilling rig stoppage, bringing out an extra 900 workers on Monday A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has slightly hit oil output after...

Date set for next Gulf of Mexico oil and gas lease sale

(MAREX) U.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development....

Wood, TechnipFMC named among Scotland’s best green businesses

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...

Lack of funds to move country forward will be thing of the past – US Ambassador

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...

EPA urges public to speak up as Liza Phase 2 EIA consultations continue

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...

Brazilian investors looking to farm into O&G opportunities in Guyana

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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Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...