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Guyana’s Energy Department seeking multiple specialists

OilNOW -
Guyana’s Department of Energy (DE) is seeking a number of specialists as efforts continue to build capacity for the South American country’s emerging oil and gas sector. Speaking at a press conference in Georgetown, Guyana, on May 3, DE Director,...
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14 Saipem workers hurt in fire off Azerbaijan

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Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....
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OTC 2019: Guyana regulator encourages investors to consider shallow waters

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Acting Commissioner of the Guyana Geology and Mines Commission (GGMC) Newell Dennision on Wednesday on the second night of the Offshore Technology Conference (OTC) in Houston Texas, encouraged oil companies to look at the shallow waters offshore Guyana as...
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SBM confirms award of Liza 2 floater contract

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SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...
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Occidental set to acquire Anadarko in $57 billion deal

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Occidental (NYSE: OXY) on Thursday entered into a definitive agreement that will see it acquiring Anadarko Petroleum Corporation (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a...
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Schlumberger hires 12 Guyanese from TOTALTEC Academy Program for Oilfield Operations

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Schlumberger has hired 12 persons from the 5th graduating class of the TOTALTEC International Petroleum & Maritime Academy (IPMA). According to a press release from TOTALTEC, six will begin their careers with additional training in Trinidad while the other...
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Guyana government guarding against over-dependence on oil – former business minister

OilNOW -
Former Minister of Business in Guyana Dominic Gaskin believes that while there will be some meeting of Guyana’s needs from oil revenues in the short term, the real benefits to the country will be had during the medium and...
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Chevron set to walk away from Anadarko take-over

OilNOW -
Chevron Corporation announced on Thursday that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that...
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OTC 2019: Guyana eyeing data-driven auctions for oil blocks

OilNOW -
As work continues on the upgrade of petroleum legislation in Guyana, a key official at the Department of Energy (DE) told attendees at a networking reception, held on the sidelines of OTC 2019 on Wednesday evening, that a data-driven...
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PM sees super highways, railways in new Guyana

OilNOW -
Major infrastructure transformation could soon be underway in the South American country of Guyana as the emerging oil and gas industry is set to take off with first oil just months away and a production ramp up to almost...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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