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Last offshore development approved in Guyana was one of the brightest lights in oil’s dark year – Westwood

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Updated November 28, 2021 Westwood Energy Group says 2020 will be remembered as one of the most challenging years in the history of the oil and gas sector as oil consumption fell to levels not seen since 2001. At one point,...
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Some people will keep oil in the ground and it will be impossible to take it out, says Guyana VP

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Cognizant of the fact that the effects of climate change are becoming more severe year after year, world leaders have heightened steps to reduce carbon emissions. In fact, some countries have already begun introducing a carbon tax, the rationale...
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Former CEO of Petronas joins ExxonMobil Board of Directors

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Wan Zulkiflee, former President and Chief Executive Officer of Petronas, Malaysia’s national oil and Gas Company, was appointed to serve on ExxonMobil’s Board of Directors. According to the oil major, the former CEO had served Petronas from 2015 to...
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VIEWPOINT: Myanmar coup and impact on oil and gas industry

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Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and gas industry. Wood Mackenzie research associate Saloni Kapoor said: “We estimate that new upstream projects worth...
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Tullow selects Maersk for long-term deepwater drill campaigns

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Maersk Drilling announced on Thursday that it has received a conditional letter of award (CLOA) from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN...
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Exxon extended position in South America last year despite pandemic woes

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Although faced with its most challenging year to date due to the impact of the coronavirus pandemic, U.S. oil major ExxonMobil made significant strides in South America last year, extending its position across multiple basins off the continent's northeastern...
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Etherington to head Ramps Logistics Guyana operations

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Darren Etherington is set to join the Ramps Logistics team in the new oil producing country of Guyana, taking over as Country Manager. “To create a strong Caribbean brand, we need the best minds and talents the world has to...
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Edison Chouest moves towards employing 100 percent Guyanese workforce

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US marine transportation service provider, Edison Chouest Offshore, through its local affiliate G-Boats (Guyana) Inc, has set ambitious targets for the employment of Guyanese to staff their in-country operations, with plans of moving their workforce from 73 percent local,...
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Argentina’s ‘dead cow’ producing tight oil at record levels, matching US well scores

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The oil production decline that the coronavirus pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory, Norway based Rystad Energy said on Wednesday. The reserve’s oil output has not only rebounded to pre-pandemic levels but...
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Guyana offshore driller Stena enters major partnership for decarbonization exploration

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Stena Drilling, the company that operates the Stena Carron rig currently exploring for hydrocarbons offshore Guyana, has entered into a strategic framework agreement for decarbonisation exploration with UK based dCarbonX to support the development of offshore “geoenergy” resources. Both parties...
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Survey says Exxon is ‘Most Admired Explorer’ propelled by mega wins in Guyana

ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a...

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