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Canada joins oil cut drive as Alberta seeks to ease glut crisis

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(Bloomberg) Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash. The plan announced Sunday will reduce production of raw...
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SRSGY, TOTALTEC team up to push O&G capacity building for Guyanese

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TOTALTEC Academy commenced its first Slinger/Banksman Safety and Operational training to the oil and gas industry in Guyana. The academy commenced the training with 23 Strategic Recruitment Solutions Inc. maritime personnel. The International Petroleum and Maritime Academy (IPMA), with whom...
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Tullow farms into Comoros

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Tullow Oil plc which has a 60% working interest in the Orinduik block offshore Guyana, announced on Thursday that it has agreed with Discover Exploration Ltd to farm into Blocks 35, 36 and 37, offshore the Union of the...
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Scotiabank Exit: with coming oil bonanza ‘no reasonable int’l business would want to stay out’ – Jordan

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Guyana's Finance Minister, Winston Jordan says at a time when the South American country is set to benefit immensely from oil production revenue and the associated business opportunities the industry brings, 'no reasonable int'l business would want to stay...
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Eco Atlantic ‘fully funded to drill’ with completion of Total farm-out in Guyana

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Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...
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Guyanese Trade Mission “encouraged” by discussions in Aberdeen

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One day into a trade mission to Europe’s Energy Capital, Aberdeen, several companies expressed interests in partnering with Guyanese businesses in the emerging Oil and Gas industry. Guyanese High Commissioner to the UK, Frederick Hamley Case and his British counterpart...
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‘Long-lasting’ relationship being forged between Guyana and North Sea

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(Energy Voice) Diplomats yesterday praised the “long-lasting relationship” being forged between Aberdeen and the South American nation of Guyana, while on a trade mission to the city. The Guyanese ambassador to the UK, Frederick Hamley Case and the British high...
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Deepwater CAPEX to hit US$60B by 2022: Guyana among countries pushing rise

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South American emerging oil and gas powerhouse, Guyana, is listed among a handful of countries pushing a rise in annual deepwater capital expenditure. In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following...
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Multi-stakeholder committee to monitor oil revenues – Jordan

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The Guyana Government has committed to setting up a body to monitor the management of proceeds generated from the emerging Oil and Gas Industry. The Public Accountability and Oversight Committee is being facilitated under the recently tabled Natural Resources...
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38.5 billion earmarked for infrastructure development ahead of first oil

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Guyana’s Finance Minister, Winston Jordan, announced on Monday that 38.5 billion Guyana dollars – around US$183M – has been earmarked for major infrastructure development works in the South American country ahead of first oil in 2020. Mr. Jordan said this...
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TT Energy Chamber flags long-term decline despite short-term gains in oil production

The Energy Chamber of Trinidad and Tobago is urging serious reform in the country's energy sector following the release...

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