News

More workers come out in Norwegian oil and gas strike

Union widens six-day drilling rig stoppage, bringing out an extra 900 workers on Monday A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has slightly hit oil output after...

Date set for next Gulf of Mexico oil and gas lease sale

(MAREX) U.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development....

Wood, TechnipFMC named among Scotland’s best green businesses

Energy services giants Wood and TechnipFMC have been named among Scotland’s best green business. The pair is among 40 firms to be nominated for the Scottish Environment Business Awards (VIBES). Aberdeen-headquartered Wood is up for top environmental product or...

Lack of funds to move country forward will be thing of the past – US Ambassador

US Ambassador to Guyana, Perry Holloway, believes the country can expect “exciting times ahead”, as it moves towards becoming one of the largest oil-producing nations in the region. He was speaking at the US Embassy’s Independence Day celebrations held at...

EPA urges public to speak up as Liza Phase 2 EIA consultations continue

Members of the public in Guyana are being urged to submit questions and comments to the Environmental Protection Agency (EPA) regarding the potential impact the proposed Liza Phase 2 development would have on the environment. In a public notice on...

Brazilian investors looking to farm into O&G opportunities in Guyana

Guyana’s Minister of State, Joseph Harmon, on Thursday, met with a delegation of Brazilian investors who are in Guyana to explore areas of investment in the country’s emerging oil and gas sector. The meeting took place at the Minister...

ExxonMobil Senior VP calls on Guyana’s President

Guyana’s President David Granger, on Thursday, received a courtesy call from Senior Vice President of Exxon Mobil Corporation, Neil Chapman, who is in Guyana to familiarise himself with the operations, having recently taken over responsibilities for the global upstream...

Hundreds of Norway oil workers go on strike, Shell shuts Knarr Field

(Reuters) Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher. One union said...

Rystad joins Wood Mack in 700,000 bpd production estimate for Guyana

Guyana is expected to rank among the thirty largest nations for offshore oil services by the 2020’s and has the potential to produce up to 700,000 barrels of oil per day if all of the current discoveries are made...

Beneficial owners of oil companies to be listed in public registry

The beneficial ownership roadmap for Guyana has been drafted, and in order to meet the requirements of the Extractive Industry Transparency Initiative (EITI), come 2020, a public registry of all beneficial owners of companies operating in Guyana’s Oil and...

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An inside look at the complex nature of moving a drillship 

Relocating a drillship requires careful planning and execution, according to Richard Wells, International Logistics Manager at Stena Drilling, who...