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‘Iwokrama collaboration fits with our core value of science, protecting the environment’ – Exxon

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ExxonMobil Country Manager in Guyana, Rod Henson, says collaborating with Iwokrama International Centre is in keeping with the company’s core value of science and protecting the environment. Henson was at the time speaking to a number of persons gathered on Wednesday evening...
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Presidential advisor believes oil contract should be disclosed, ‘signing bonus’ audited

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Presidential Advisor on Petroleum in Guyana, Dr. Jan Mangal, believes that in the interest of transparency and accountability, all resource agreements, including the petroleum contract between ExxonMobil and the South American country, should be made public. In an interview with...
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Strong production at Jubilee, TEN pushes Tullow’s forecast up

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Tullow Oil plc has upgraded its production forecast for West Africa following strong output at the Jubilee and TEN oil fields. The full year 2017 West Africa net oil production guidance, including production-equivalent insurance payments, has been revised upwards to...
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Exxon injects US$300,000 into Iwokrama science programme

OilNOW -
The Iwokrama International Centre will soon re-launch its Science Programme with support from ExxonMobil by way of a US$300,000 (G$62M) charitable contribution. The initial contribution from ExxonMobil will support the establishment of the Iwokrama Science Committee and commission initial research,...
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Plexus gets green light to sell subsidiary to TechnipFMC

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Plexus Holdings PLC (LON:POS) has confirmed that the proposed sale of a subsidiary business to TechnipFMC will go ahead after shareholders backed the deal. TechnipFMC has been awarded a contract by ExxonMobil for the engineering, manufacture and delivery of the...
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Exxon, Hess and Nexen plug US$50,000 into Guyana Hurricane relief efforts

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ExxonMobil and its joint venture partners, Hess and CNOOC Nexen today donated US$50,000 (G$10M) to Guyana’s hurricane relief efforts for territories across the Caribbean which were devastated by Hurricanes Irma and Maria. A statement from the Ministry of the Presidency...
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‘We must have a thorough understanding of our basin’ – Trotman

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Guyana’s Minister of Natural Resources Raphael Trotman has described the task of preparing the country’s institutions and legislative frameworks for the oil and gas sector as “monumental.” He was speaking last evening at the opening ceremony for the GTW Guyana...
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Guyana urged to guard against Trinidadian takeover of oil & gas sector

OilNOW -
The Government of Guyana, private sector and citizens at large are being urged to guard against what is being described as a clear attempt by Trinidad & Tobago to monopolize opportunities in the South American country’s emerging oil and...
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SBM Offshore hit with rising bill for corruption cases

OilNOW -
Dutch floater specialist, SBM Offshore, the same company contracted by ExxonMobil affiliate Esso Exploration & Production Guyana Limited to build an FPSO, has been caught up in corruption cases in Brazil that are now proving to be costly. The company...
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Tullow secures Ghana approval for greater Jubilee field development

OilNOW -
Tullow Oil has secured government approval for its Greater Jubilee full-field development plan off Ghana. This is according to joint venture partner Kosmos Energy. In their Q3 2017 results released today, Kosmos said, “In mid-October, the partnership received approval for...
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Letter-to-the-Editor: The oil and gas sector is investing in the success of our younger generation

Dear Editor, I read recently that 20 Guyanese cadets were awarded the Noble Marine scholarship, a program aimed at strengthening...

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