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Eni joins lists of oil majors for world’s largest LNG project in Qatar

OilNOW -
QatarEnergy has added Italian multinational Eni S.p.A to the list of international partners for its mega North Field East (NFE) expansion project. On Sunday, QatarEnergy’s President and Chief Executive Officer (CEO) Saad Sherida Al-Kaabi, who also doubles as the Minister of...
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Exxon partners with Dutch energy companies to develop major CCS in North Sea

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ExxonMobil’s Dutch subsidiary, XTO Netherlands Ltd., on Monday signed a Cooperation Agreement with Neptune Energy, Rosewood Exploration Ltd. and EBN Capital B.V. to advance the L10 large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea. As...
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Exxon hits back at Biden, says it invests more than any other supermajor

Shikema Dey -
Like the rest of the world, American consumer pockets are under pressure by soaring fuel prices – a direct result of Russia’s invasion of Ukraine. Accusations of price-gouging and deliberately staying away from new well drilling have abounded in the...
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“Claim your seat at the table” – British envoy urges as Women in Energy group launches

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With the direction Guyana is headed, women who want to make a mark in the country’s burgeoning oil and gas industry need to position themselves aptly. This advice was offered to a local non-governmental organisation – Women in Energy...
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Maersk Viking cops Shell’s floater rig of the year

OilNOW -
Maersk Drilling’s Viking vessel was branded Shell’s 2021 ‘Global Rig of the Year in the Floater Category’ for its outstanding performance in all aspects during its time in Brunei Darussalam, the company said. Shell’s award was presented after the Viking managed an all-around excellent...
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Vice News takes aim at South America’s newest oil producing nation

OilNOW -
A Vice News documentary episode, long anticipated by citizens of South America’s newest oil producing nation, Guyana, was finally released on Sunday, titled ‘Guyana for Sale’. It was so anticipated because, in February, the country’s Vice President, Dr. Bharrat Jagdeo,...
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‘World’s leading safety service provider’, RelyOn Nutec, coming to Guyana

OilNOW -
RelyON Nutec (MD), an offshore safety consultancy headquartered in Copenhagen, has decided to expand its presence in the region through a strategic partnership with the Guyanese-owned Atlantic Marine Supplies Incorporated. NL says it is the world's leading safety service...
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Guyana to make transformational leap towards decarbonisation with US$83.3M renewable energy project – IDB

OilNOW -
As efforts continue with the implementation of the Guyana Utility Scale Solar Photovoltaic Programme (GUYSOL), the country is poised for a transformational leap towards decarbonisation, says the Inter-American Development Bank (IDB). The financial institution noted on Friday that the GUYSOL programme will...
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‘Gas is free, pipeline to be paid for from cost oil’ – VP confirms

OilNOW -
As negotiations continue between the Guyana Government and ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) regarding the contractual terms to govern the Gas-to-Energy project, both parties have so far agreed that there will be no cost for...
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Eco-Atlantic abandons plan to acquire Canje Block partner JHI for $52M

OilNOW -
Eco (Atlantic) Oil and Gas Ltd. Announced on Tuesday that it decided against acquiring JHI Associates, a company with 17.5% ownership of Guyana’s Canje Block. Eco said that while all the main commercial points were agreed upon in keeping with...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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