News

Fmr CXC Registrar calls for overhaul of curriculum to cater for O&G

Senior Assistant Registrar (retired) for the Caribbean Examinations Council (CXC), Dr. Gordon Harewood, said Guyana is on the verge of exciting times in the history of the country. Speaking at a workshop for Senior Education Officials on curriculum review at...

Global oil and gas explorers hope for brighter future – Wood Mackenzie

The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr. Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the annual European Association of Geoscientists and Engineers (EAGE) Conference. According...

Venezuela to suspend oil delivery to some C’bean countries

(CMC) — Venezuela's state-owned oil and natural gas company, Petróleos de Venezuela (PDVSA) has announced plans to suspend petroleum deliveries to some Caribbean countries under its Petrocaribe agreement. A report from the South American country's Oil Ministry said the move...

TechnipFMC, DOF Subsea announce start of charter contract with Brazil’s Petrobras

TechnipFMC and DOF Subsea (DOF) announced on Thursday that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year charter contract with Petróleo Brasileiro...

TOTALTEC begins second oilfield training academy with 25 recruits

- 45 percent of recruits come from sugar and bauxite backgrounds A group of 25 candidates commenced their training on an eight week oilfield operator course at the TOTALTEC Academy in Georgetown. This follows the first successful programme, which graduated 22...

Brasington bids farewell to Guyana

ExxonMobil Guyana Senior Director, Public and Government Affairs, Kimberly Brasington’s tenure will conclude at the end of June, after serving a period of three years in the position. She will be taking up a new portfolio in Houston, Texas. https://youtu.be/swGBO3_kJ7g Brasington...

Guyana vows to honour ExxonMobil deal as countdown to first oil begins

Speaking at a reception on Tuesday to mark the start of the development phase of Liza Phase 1 in Guyana, the country’s Minister of Natural Resources, Raphael Trotman, said responsible governments do not arbitrarily redefine contract terms with a company...

Liza Phase 1 development progressing rapidly – ExxonMobil

The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...

Local Content Push: 40 Ghanaian companies to go on UK trade mission for O&G

Ghana’s Petroleum Commission is leading a delegation of over 40 local companies on a week’s oil and gas trade mission to Aberdeen, Scotland. The goal is to engage with their Scottish counterparts seeking business opportunities in Ghana’s upstream petroleum...

Repsol, Total in US$324M deal with Algeria’s Sonatrach

Algerian energy giant Sonatrach on Monday signed a contract worth 324 million U.S. dollars with France's Total and Spain's Repsol for the development of a gas field in the south of the country. Under the contract, Sonatrach holds a major...

Latest News

Guyana’s annual take from oil to balloon to US$9.2 billion in 2030 – Rystad Energy

Guyana is projected to receive US$9.2 billion in revenue from oil sales and royalties in 2030, according to a...