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City Chamber’s business development forum slated for November

OilNOW -
President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, said the body’s annual Business Development Forum 2022 is on for November 11-12 at the Pegasus Corporate Centre, Kingston, Georgetown. Known for its lobbying and advocacy on the...
News

Schlumberger rebrands to SLB: a Technology Company Driving the Future of Energy

OilNOW -
Oilfield services company and major ExxonMobil contractor in Guyana, Schlumberger, has rebranded to SLB – a company focused on energy innovation and decarbonisation, to address the world’s energy needs and chart a future for the global energy transition. Beginning October...
Exploration

Exxon conducting more drilling operations at Fangtooth, looking to increase pay

OilNOW -
Drilling operations are set to continue at the Fangtooth reservoir in the Stabroek Block offshore Guyana. Operator of the block, ExxonMobil, is utilizing the Stena Carron rig for this latest operation. OilNOW understands the well site is situated approximately 100.8...
Exploration

Orinduik partners to target exploration well early 2023 – Eco Atlantic

OilNOW -
The partners in the Orinduik Block offshore Guyana are targeting an exploration well in early 2023, according to a report from 15% stakeholder, Eco Atlantic Oil & Gas. This well is expected to be drilled in the second renewal period...
News

Brazil elections: Lula in four-point lead against Bolsonaro ahead of run-off vote

OilNOW -
As Brazil gears for the October 30 runoff vote, leftist Luiz Inácio Lula da Silva currently holds a four-point lead against his opponent, incumbent President Jair Bolsonaro, recent polls show. Lula’s PT party held 49% of voting intentions, while Bolsonaro...
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Guyana among strategic global assets that helped CNOOC achieve “better-than-expected” half-year results

OilNOW -
Though the international market was hard hit by unforeseen challenges in recent months, CNOOC Limited said it was still able to achieve “better-than-expected” results at half year. It credited this performance to management’s strategic investments in key assets based...
News

Exxon produced 10.989 million barrels of oil offshore Guyana in September

Kemol King -
ExxonMobil’s Guyana projects, Liza Phases 1 and 2, produced 10.989 million barrels of crude for the month of September 2022. This averaged approximately 366,310 barrels of crude per day (bpd). In comparison, the total August production was 11.309 million barrels...
News

Guyana investing millions in maritime space, processing several applications for port facilities

OilNOW -
The Guyana government has worked to transform the maritime sector to ensure it is prepared to operate in a modern economy. To this end, Public Works Minister, Bishop Juan Edghill, said multi-million-dollar investments have been made to monitor the...
News

Excel Guyana expands with Marine and Offshore Services Division

OilNOW -
Local oil and gas consulting company – Excel Guyana – has expanded its portfolio with a new Marine and Offshore Services Division to be headed by Steve Sinanan, considered a veteran in the industry. This new addition, according to Excel’s...
News

Exxon awards multi-million-dollar contract to DOF Subsea for work in Stabroek Block

OilNOW -
DOF Subsea has been awarded a NOK$2.7 billion (US$256.1 million) contract by ExxonMobil to execute works in Guyana’s offshore Stabroek Block where 11 billion barrels of oil-equivalent have already been discovered. DOF Subsea said the contract will last three years...
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Staatsolie approves commercial field for Sloanea-1 gas discovery in Suriname’s Block 52

Staatsolie Maatschappij Suriname N.V. has approved the Commercial Field for the Sloanea-1 gas discovery in Block 52 offshore Suriname....

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