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Liberty Oilfield Services puts Schlumberger tech in its yards, Halliburton in its crosshairs

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(Bloomberg) --Liberty Oilfield Services Inc., which will become North America’s second-biggest fracing provider with the acquisition of a Schlumberger unit, expects to one day topple Halliburton Co. from the No. 1 spot. “Customer demand has told us to grow at...
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Draft agreement for Payara development under discussion – Vickram Bharrat

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A draft agreement for the Payara development has been formulated and was discussed at a meeting on Thursday by a high-level team comprising individuals from ExxonMobil and the Department of Energy. In August, the newly elected government in Guyana had engaged...
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New Guyana government looking to rebuild investor confidence after grueling 5-month elections ordeal – President Ali

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As a result of the electoral impasse which delayed the swearing-in of the new government in Guyana by five months, investor confidence and trust in the new oil producing country has been severely damaged according to its new President,...
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Record-setting Stena Carron reaching previously un-drillable depths

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The Stena Carron drill ship is writing itself into the history books with a string of successful discoveries offshore Guyana, demonstrating its industry leading performance technology, making it ideal for drilling in dynamic environments such as the 6.6 million...
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Harvey Gulf achieves milestone with first ‘triple-fuel’ vessel

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US-based marine transport company Harvey Gulf International Marine said on Wednesday that it became the first and only company in the United States to own and operate a “Tri-Fuel” vessel, as well as a vessel bunkering facility, selling both...
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Guyana maritime authority to be realigned for oil and gas sector

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Guyana’s Minister of Public Works, Juan Edghill, on Wednesday announced that the Maritime Administration Department (MARAD) will be realigned and repositioned to better serve the South American country’s emerging oil and gas sector. “The immediate task of the administration within...
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ExxonMobil launches Alexa fuel payment in U.S

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ExxonMobil has made paying for fuel through voice commands with Amazon's Alexa possible at more than 11,500 stations in the United States. Customers with Alexa-enabled vehicles, Alexa-enabled devices like Echo Auto, or simply the Alexa app on Android or iOS, can...
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Guyana’s astronomical growth projections based on development of its massive oil fields – Deygoo-Boyer

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Despite the challenges of the COVID-19 pandemic and recent political uncertainty surrounding its elections, Guyana is still projected by the International Monetary Fund (IMF) to be the fastest growing economy in the world this year.    “Oil and gas is...
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No backtracking of spending by ExxonMobil in Guyana – API’s Chief Economist

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The continuation of exploration and production activities offshore Guyana means that the South American country has not seen a backtracking of spending by ExxonMobil as has been the case with other oil majors in various parts of the world. This...
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Trinidad & Tobago reports significant fall in natural gas production

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Trinidad and Tobago’s Ministry of Energy and Energy Industries on August 11 reported that the Country’s natural gas production plummeted in June to its lowest level since 2016 averaging a mere 3.110 billion standard cubic feet per day (Bscf/D). The...
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Decision reached in arbitration over Hess’ stake in Guyana’s Stabroek Block

A decision has been reached in the high-stakes arbitration between ExxonMobil and Hess Corporation over a prized oil asset...

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