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Oil wealth must drive inclusionary growth; steer clear of corrupt vices – US Ambassador to Guyana

OilNOW -
As Guyana continues efforts to build out a robust regulatory and legislative framework for the oil industry, it would also be wise to keep its eyes on policies and programmes that target inclusionary growth. United States Ambassador to Guyana,...
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Expect acceleration of gas-led activity in 2023 – Wood Mackenzie

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Come 2023, Consultancy Group Wood Mackenzie expects there to be a significant acceleration of global gas-led activity. In its latest ‘5 THINGS TO LOOK FOR IN 2023’ report, WoodMac anticipates a rapid or modular monetisation of gas assets. It...
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Petrobras to add 18 FPSOs in next five years

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Brazil’s Petrobras plans to place 18 floating production, storage, and offloading (FPSO) vessels offshore Brazil in the next five years, according to its 2023-2027 Strategic Plan. The vessels’ capacities will range from 70,000 to 225,000 barrels of oil per day...
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Saipem seeking local welders for Guyana operations

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Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...
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Guyana to seek early interactions with Brazil’s Lula

Shikema Dey -
Come January next year, Guyana will be dispatching new bilateral requests to Brazil’s new President-elect Luiz Inácio Lula da Silva as it looks to foster closer relations through the creation of a deepwater harbour connecting the two countries. Guyana’s President,...
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Tullow in new Ivory Coast PSC

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Tullow Oil said it signed a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity. The remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres...
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Guyana High Court throws out EPA waiver of impact study to Schlumberger

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Guyana’s Supreme Court on Friday quashed a decision by the Environmental Protection Agency (EPA) to waive an Environmental Impact Assessment (EIA) during the authorisation process for the construction and operation of a source storage and calibration building facility at...
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Project to develop up to 76 wells will push Guyana’s output above 1 million bpd milestone

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ExxonMobil Guyana is seeking Environmental Authorisation for a proposed fifth deep water petroleum development project in the eastern portion of the Stabroek Block offshore the South American country, in the Uaru, Mako and Snoek Fields. The project, which will consist...
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Hess ranks high on two Dow Jones Sustainability Indices

OilNOW -
US oil producer, Hess Corporation, has announced that it has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year. This is the first time that Hess has been included in...
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CNOOC partners with POWERCHINA to provide Guyanese community with solar lighting

OilNOW -
CNOOC Petroleum Guyana Limited (CPGL) said it recently donated a complete solar lighting community system to Moraikobai, the only indigenous village in Region Five (Mahaica-Berbice), Guyana. In all, 130 lights were given to the community along with eight flood lights...
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President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore...

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