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Exxon working to more than triple Guyana oil production by 2027

OilNOW -
By 2027, Guyana oil production is expected to hit 1.2 million barrels per day (bpd), making it the second largest producer in South America, after Brazil, based on current output across the region. Liam Mallon, ExxonMobil’s Upstream President confirmed the...
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Brazil, Kuwait, Qatar eyeing partnership with Guyana – VP

Shikema Dey -
Guyana’s consideration to possibly establish a national oil company has been shelved, Vice President Dr. Bharrat Jagdeo said at the International Energy Conference. Instead, South America’s rising oil star will be focusing efforts on more direct government-to-government engagements for oil...
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Largest rig ever, with legs over 650 ft in height visits Aberdeen

OilNOW -
Noble Corp’s Noble Innovator was the largest ever to touch Aberdeen waters. The jack-up rig arrived at the new £400 million Aberdeen South Harbour on Feb. 11 for scheduled maintenance, after which it will depart for the central North Sea...
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Tullow, Ghana gov’t in dispute over US$387 million of tax assessments for 2010-2020

OilNOW -
​Tullow Oil announced that it has filed requests for arbitration with the International Chamber of Commerce in London to settle disputed tax assessments for the fiscal years 2010-2020 with the Ghana Revenue Authority (GRA). The assessments relate to the disallowance...
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Policymakers, industry experts converge in Guyana for week of energy talks

OilNOW -
The second edition of Guyana’s International Energy Conference opened on Feb. 14 in Georgetown and will conclude on Friday. The opening ceremony saw the participation of Guyana’s President, Dr. Mohamed Irfaan Ali; Suriname President, Chandrikapersad Santokhi; Prime Minister of Trinidad...
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Hess boss champions forest preservation at Guyana energy conference

OilNOW -
Chief Executive Officer of Hess Corporation, John Hess, discussed the company’s motivation for investing in Guyana’s forest preservation drive, at the International Energy Conference 2023, which opened in Georgetown on Tuesday. “We are honoured to be Guyana’s partner in this,”...
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“Sometimes disappointing” turnout at public meetings – Routledge encourages more participation

OilNOW -
ExxonMobil Guyana President Alistair Routledge has called for more participation from Guyanese at scheduled public meetings, aimed at relaying key bits of information on offshore projects. The meetings usually dive into the Environmental Impact Assessments (EIA), often required by the...
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Guyana is superb example of what an aligned partnership can do – Exxon Upstream President 

OilNOW -
ExxonMobil’s Upstream President, Liam Mallon, says in almost every scenario moving forward, when it comes to meeting the world’s energy needs, oil and gas remain vital. This will be a key part of his message at the International Energy Conference...
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Global market for oil & gas contractors to hit $1 trillion in 2025

OilNOW -
Norway-based Rystad Energy says it expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter. Helped by strong growth in the...
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Texan fluid solutions provider launches tech in Guyana offshore market

OilNOW -
Impact Fluid Solutions, a provider of advanced oilfield additives designed to tackle complex wellbore issues, said it is availing its products to operators in Guyana.  Impact’s offerings include its FLC® drilling fluid additives and SHIELD BOND® cement spacer system, built...
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Energy InsightsChevy Devonish -

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...

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