News

ExxonMobil to certify natural gas, help customers meet environmental goals

ExxonMobil has signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps...

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...

Guyana has sold over 7 million barrels of oil since production started

On July 3, 2021, the Guyana government sold its 7th oil cargo when just over 1 million barrels of crude were lifted from the Liza Destiny FPSO. Since production began on December 20, 2019, the government has marketed 7.056...

EPA developing policy to govern use of dispersants during oil spill

Head of Guyana’s Environmental Protection Agency (EPA), Kemraj Parsram has disclosed that efforts are afoot to draft an overarching policy on the use of dispersants in the oil sector. Dispersants are chemicals that are sprayed on a surface oil slick...

80% of remaining deepwater oil resources in the world will come from just five countries – WoodMac

Traditionally, analysts often assess oil resources based on generalities or broad assumptions. However, consultancy group Wood Mackenzie says when trying to understand where to get more oil, precision is key. The upstream industry remains active and must fill the 450...

Billions being spent with Guyanese suppliers even as stakeholders continue push for local content legislation

As authorities in Guyana forge ahead with the finalization of a local content development framework, the largest oil and gas company operating in the country says it remains committed to building local capacity since it sees this as the...

Saudi Arabia slashes crude prices to Asia

(Reuters) - Saudi Arabia, the world's top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States steady. The deep price cuts come as lockdowns...

Contractors being sought to paint ExxonMobil office complex in Guyana

Suppliers, Contractors and Specialist Sub-contractors are being invited to submit an Expression of Interest (EOI) for painting services for ExxonMobil’s 15-acre campus located in Ogle on the outskirts of Georgetown, Guyana. Nabi/KCL Oilfield Construction Services Guyana has secured the contract...

Halliburton introducing cutting edge technology to boost understanding of complex reservoirs

Halliburton Landmark has released the latest version of Geosciences Suite, a DecisionSpace ® 365 cloud solution powered by iEnergy ®, an E&P hybrid cloud. The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create...

TechnipFMC says Brazil contracts ‘significant’

TechnipFMC and its joint venture (JV) partner DOF Subsea have been awarded significant long-term charter and services contracts by Petrobras for the pipelay support vessels Skandi Vitória and Skandi Niteroi. The Brazilian-built and flagged vessels are owned by DOFCON Navegação...

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The movers and shakers in Suriname’s offshore basin

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across...