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Exxon pursues lithium mining to supply electric vehicles

OilNOW -
ExxonMobil is venturing into the lithium market to meet the growing demand for electric vehicles (EV). The company announced that it has started drilling its first lithium well in Arkansas, where it holds a large acreage of land with...
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ABS recognizes Guyanese company with global accreditation

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Pandora Energy Inc., a Guyanese manpower and recruitment firm, has recently achieved global recognition by obtaining the American Bureau of Shipping (ABS) accreditation. This confirms the company's compliance with the International Labor Organization (ILO) Maritime Labor Convention (MLC) 2006,...
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Korea explores enhanced economic collaboration with Guyana through concessional financing 

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Korea has set its sights on bolstering economic ties with Guyana, as evidenced by the Export-Import Bank of Korea's initiative to offer substantial concessional financing for prospective projects. Park Jong-Kyu, Vice President and Head of Group at Korea Eximbank,...
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Exxon’s 6th Guyana FPSO named Jaguar after national animal

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Guyana’s Minister of Natural Resources Vickram Bharrat recently announced that Bayphase, an international oil and gas consultancy firm, is reviewing ExxonMobil's Field Development Plan (FDP) and Environmental Impact Assessment (EIA) for its sixth Stabroek block development.  Bharrat said that the...
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Venezuela claim of xenophobia being promoted in Guyana is patently false – Jagdeo

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Guyana's Vice President Bharrat Jagdeo is making it clear that the government does not promote nor condone xenophobia, as claimed by Venezuelan Vice President, Delcy Rodriguez, at a recent hearing of the International Court of Justice (ICJ). Jagdeo related...
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Exxon looking for more suppliers for its Guyana operations  

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ExxonMobil Guyana Limited (EMGL) is gearing up to engage suppliers for the provision of another set of onshore and offshore services as part of its operations in the Stabroek license area. According to public requests for information (RFIs), the company...
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TT’s Touchstone hits stride with Cascadura project 

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Trinidad-based Touchstone Exploration is celebrating success with its Cascadura project, evident from the company's third-quarter results released on November 14. The impact of Cascadura's initial output on both production profile and operating cash flows has been substantial, as highlighted...
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Record-breaking 17 back-to-back holes drilled off Guyana coast 

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Stena Drilling has made a groundbreaking achievement with its DrillMax rig, completing an unprecedented 17 back-to-back holes in the deepwaters offshore Guyana. This remarkable feat marks the largest number of back-to-back top holes ever drilled by a Stena Drilling...
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MODEC starts construction of Errea Wittu FPSO for Exxon’s 5th Stabroek block development

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MODEC announced the inaugural steel-cutting ceremony for the Guyana-bound Errea Wittu floating production, storage and offloading vessel (FPSO) in China, on November 16. The firm secured its initial order to supply an FPSO to Guyana in May 2023, commissioned...
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Eco elated at Guyana approval for high-impact Orinduik block

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Eco Atlantic Oil & Gas Ltd. has garnered approval from Guyana’s Minister of Natural Resources for its acquisition of a 60% interest in the Orinduik block from Tullow Oil. This development stems from an agreement made in August between...
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Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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