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ExxonMobil continues STEM education drive, supports programme for children with disabilities

OilNOW -
ExxonMobil Guyana continues to support the development of Science, Technology, Engineering and Mathematics (STEM) education in Guyana, as well as students’ access to learning, in these challenging times. The company recently supported a STEM Robotics training for children with...
Exploration

Guyana pushing big volumes in South America deepwater bonanza

OilNOW -
South America continues to be a major player in the global arena for deepwater discoveries, with Guyana pushing big volumes and massive potential finds remaining. According to Norway based Rystad Energy, the South America/Caribbean region was the clear winner...
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Capacity development funding by oil companies not a cost to Guyana but an investment in the people – Gov’t

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Having recognised that Guyana is now building the human resource capacity to service the oil and gas industry; the government has laid out the expectation that oil and gas companies will place capacity building of Guyanese on the front...
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University of Guyana increasing petroleum programmes, VC notes strong interest

OilNOW -
The oil and gas industry in Guyana is rapidly expanding, and the country continues to place keen focus on local content; however, the lack of skilled personnel to meet the needs of the sector has been a challenge. The...
Exploration

Oil majors incurred record loss in 2020, output fell by almost 1 million bpd

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The downturn brought by the coronavirus pandemic and the accelerating energy transition has created a new reality for the world’s oil and gas industry, whose production will peak lower and earlier than expected before the 2020 market crisis, a...
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Call by former EPA head to shut down Exxon’s operations ‘extreme and unwarranted’ – GOGEC

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The Guyana Oil and Gas Energy Chamber (GOGEC) said on Thursday that the call by former head of the Environmental Protection Agency, Dr. Vincent Adams, for ExxonMobil’s operations to be shut down in the South American country is extreme...
News

Exxon says it is in full compliance with Liza Phase 1 environmental permit

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ExxonMobil Guyana said on Wednesday it remains in full compliance with the environmental permit that was issued by the Environmental Protection Agency for oil production operations at the Liza Phase 1 Development offshore the South American country. On Wednesday, former...
News

No linkage between compressor issue, production optimization – ExxonMobil

OilNOW -
German engineering company MAN Energy Solutions says there is no linkage between technical issues encountered with the flash gas compressor on the Liza Destiny FPSO, and production optimization activities that were ongoing at the time the challenges were encountered. ExxonMobil...
News

Drill campaign planned at Makarapan-1 exploration well offshore Guyana

OilNOW -
After successfully completing negotiations with the government regarding the rescheduling of its work commitments, CGX Energy Inc and its joint-venture partner Frontera Energy Corporation have announced that they are advancing preparatory work to drill the Makarapan-1 exploration well on...
News

Need for realistic local content targets form key part of discussions as Guyana prepares framework

OilNOW -
Section seven of Guyana’s draft revised Local Content Policy Document that is currently under consultation falls under the title, ‘Minimum Local Content in Goods and Services’ and sets out mandatory local content targets for companies in the oil and...
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Hess gives back Suriname oil block at Guyana border

U.S. oil company Hess has relinquished Block 59 offshore Suriname, a deepwater area located near the maritime border with...

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