News

Gulf Publishing Company launches LNG intelligence service

Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, on Sunday the Energy Web Atlas to provide the downstream energy sector with easy access to information about the Liquefied Natural Gas (LNG) industry. A...

FSU researchers to study fate of BP Oil spill

(FSU) A team of research institutions led by Florida State University (FSU) has been awarded a $2.8 million grant to expand its understanding of how the 2010 Deepwater Horizon oil spill affected the ecology of the Gulf of Mexico. Eric...

Guyana taxation body boosting systems in preparation for oil & gas

The Guyana Revenue Authority (GRA) is working closely with the US Treasury Office of Technical Assistance (OTA) to create a platform that can allow higher systems of transparency and accountability, as the country continues its preparation for the oil...

Liza Destiny has potential for significant long-term local content – Exxon Country Manager

Operations of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel will potentially provide the highest sustainable long-term employment opportunities for Guyanese over the lifetime of the project. ExxonMobil, through its contractor; SBM Offshore, is in fact targeting a...

Chevron names Michael Wirth as Chairman & CEO

Chevron Corporation announced Thursday that its Board of Directors elected Michael K. Wirth Chairman of the Board and Chief Executive Officer, effective February 1, 2018.  Wirth, who is currently vice chairman of the board and executive vice president of...

TechnipFMC awarded EPCI contract for Statoil Peregrino Phase II project

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract by Norwegian multinational oil and gas company, Statoil. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in...

Keppel delivers 5th FPSO for MODEC; to be deployed offshore Brazil

Keppel Offshore & Marine's wholly owned subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a Floating Production Storage and Offloading (FPSO) vessel, to repeat customer MODEC Offshore Production Systems (Singapore)...

Economist urges Guyana not to use oil money for “make-work jobs”

Trinidadian Economist, Dr. Roger Hosein, is urging Guyana not to use oil revenue to create “make-work jobs” especially at elections time when politicians look to induce voters in order to secure their support.  The act of the State intervening...

Total to acquire Maersk Oil

Maersk Oil will become part of a leading global oil and gas operator with a long-term investment interest in the sector. Total will take over Maersk Oil’s entire organisation, portfolio, obligations and rights with minimal pre-conditions. Planned development schedules...

Exxon bets on Brazil; buys 10 oil blocks in auction

(Reuters) - Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday, winning 10 blocks in the country’s 14th round of bidding for oil exploration and production rights, helping the cash-strapped nation fetch a record 3.8 billion reais...

Latest News

Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...