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Hess, Guyana honoured for pioneering sustainable energy solutions at AIEN Awards

OilNOW -
Hess Corporation, together with the Government of Guyana, earned the annual Energy Transition Initiative Award from the Association of International Energy Negotiators (AIEN) for leadership in creating a sustainable energy future. The award presentation described a landmark Carbon Credits Purchase...
News

SBM Offshore eyes US$37M in contracts, over 700 training hours for Guyanese 

OilNOW -
SBM Offshore Guyana’s recent Vendor Day activity saw a commitment of over 700 hours of training and US$37 million in contracts for local suppliers.  The company met with 70 representatives of local businesses at the event, which is an integral...
Exploration

Full gas potential of Stabroek Block will be tested over next four years

OilNOW -
ExxonMobil Guyana is expected to test the gas potential of the Stabroek Block with the aim of having such resources potentially underpin an independent project.  During a recent energy conference, Chief Executive Officer of Hess Corporation, John Hess said the...
News

Ntokon Niger Delta find potentially biggest in a decade – WoodMac

OilNOW -
In a significant development for Nigeria's oil industry, TotalEnergies, in collaboration with NNPC Limited, has made a momentous shallow water discovery at Ntokon in the Niger Delta. Gail Anderson, director of upstream research at Wood Mackenzie, hailed it as...
News

Highest to date: Liza field output was 11.6 million barrels in May 2023

Kemol King -
ExxonMobil’s Liza projects produced 11.6 million barrels of crude in May, at 374,450 barrels per day (bpd). This was constituted by production of 4.8 million barrels at Liza Phase 1, and 4.8 million barrels at Phase 2.  May output also...
News

Hess Chief says Guyana President assured him of strong appeal in financial assurance case

OilNOW -
Chief Executive Officer of Hess Corporation, John Hess, said Friday that he was assured by Guyana President Dr. Mohamed Irfaan Ali of the strength of Guyana’s case in the appeal of an upset High Court judgment on financial assurance...
News

GO-NDE becomes second IRATA-certified Guyanese company

OilNOW -
GO-NDE Inc., a joint venture partnership between Guyana Oil and Gas Support Services Inc. and Non Destructive Testers Guyana Inc., announced that it has successfully completed its International Rope Access Trade Association (IRATA) audit and has been granted probationary...
News

Jagdeo confirms Exxon’s Stabroek Block exploration agreement extended by one year

OilNOW -
Guyana's Vice President, Dr. Bharrat Jagdeo has confirmed that the exploration agreement for the Stabroek Block, initially set to expire in 2026, has been extended by one year. Jagdeo confirmed that the extension aims to account for the challenges...
News

Woodside announces FID for US$7.2 billion Trion project offshore Mexico

OilNOW -
Australian energy company, Woodside, has decided to develop the Trion resource in Mexico.  The Trion resource development is subject to joint venture approval and regulatory clearance of the field development plan (FDP), anticipated to be completed in the fourth quarter...
News

“How can government’s legal advisor be excluded from proceeding where state benefits” – AG

Shikema Dey -
Guyana’s Appellate Court will soon decide whether Attorney General (AG) Anil Nandlall will be allowed the join legal proceedings concerning the provision of financial assurance for the ExxonMobil-operated Stabroek Block in the case of an oil spill.  The parties appeared...
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Suriname’s GranMorgu offshore oil project is 23% complete 

PARAMARIBO, SURINAME – On Tuesday, October 21, representatives from TotalEnergies and Staatsolie met with President Jennifer Geerlings-Simons to report...

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