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Norway oil workers, employers reach deal to end strike

OilNOW -
Norwegian drilling rig workers will end their industrial action after the union representing 1600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday, according to a report in Upstream. The strike began...
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ExxonMobil leverages IBM Cloud to help transform Speedpass+

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IBM (NYSE: IBM) on Thursday announced that ExxonMobil, the largest publicly traded international oil and gas company, has been using the IBM Cloud as the foundation for their Speedpass+™app. The mobile app delivers greater levels of personalization, efficiency and security...
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Chamber to stage two-day Business Development Forum

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The Georgetown Chamber of Commerce and Industry (GCCI) will be staging a two-day Business Development Forum (BDF) which is intended to provide a platform for the growth of businesses in Guyana. The BDF was originally conceptualized as a forum for...
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Guyanese firm developing O&G app for ExxonMobil business centre

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ExxonMobil Guyana’s Center for Local Business Development (CLBD) is in the process of developing an online application to provide an ease of access for Guyanese businesses operating in the Oil and Gas (O&G) sector. This was revealed by CLBD Project...
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BHP makes gas discovery in Trinidad

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Australia-based BHP has announced that the Victoria-1 exploration well in Trinidad and Tobago encountered gas and the Samurai-2 well in the US Gulf of Mexico encountered hydrocarbons in multiple horizons. The Victoria-1 well was drilled using the drillship Transocean Deepwater...
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Kosmos Energy announces successful arbitration against Tullow

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Kosmos Energy (NYSE: KOS) (LSE: KOS) announced Wednesday that its subsidiary Kosmos Energy Ghana HC was successful in its arbitration against Tullow Ghana Limited in a dispute over responsibility for expenditures stemming from termination of the West Leo drilling...
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Doomsayers should help to ensure predictions don’t come true – Jordan

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Guyana’s Finance Minister, Winston Jordan, says tax administration reform is needed now more than ever as the country prepares to go through a major economic transformation with the emerging oil and gas sector. Speaking on Monday at the commissioning of a new container...
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USVI Governor Kenneth Mapp announces $1.4 b agreement to restart St Croix refinery

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Governor of the United States Virgin Islands (USVI) Kenneth Mapp has announced an agreement that would reopen one of the world’s largest refineries on St Croix, creating hundreds of jobs in the territory, according to an OECS Business Focus...
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Additional oil discoveries have improved Guyana’s outlook – IMF

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The International Monetary Fund (IMF) said on Friday that additional oil discoveries made by US oil major ExxonMobil off the Guyana coast have served to improve the South American country’s medium and long-term outlook. On June 15 the Executive Board...
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Rystad estimates Ranger could contain 346 million barrels of oil

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While the updated estimated total recoverable reserves in the Stabroek Block offshore Guyana is being assessed by US oil major ExxonMobil, Norway-based Rystad Energy has put forward estimates of its own for all wells where crude has been found...
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Meet Elroy Vankennie: GYSBI’s first Guyanese QHSSE Manager 

Elroy Vankennie is the first Guyanese to hold the role of Quality Health Safety Security and Environment (QHSSE) Manager...

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