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Oil companies give contracts disclosure thumbs up

OilNOW -
Making good on its promise to publicly release contracts signed with oil companies operating off the country’s coast, the Government of Guyana has to date published 3 such agreements - a move being commended by explorers. Sustained calls from the...
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Exxon-led consortium, Spain’s Repsol submit interest in Greek oil and gas tenders

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(Reuters) - Greece has received two expressions of interest for oil and gas exploration and exploitation tenders off Crete and in the Ionian Sea, the country’s oil and gas resources management company (HHRM) said on Monday. HHRM said a consortium...
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ExxonMobil gunning for oil at Liza 5

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ExxonMobil is set to begin another drilling foray this week in search of more oil off the coast of the South American country of Guyana. The company's affiliate - Esso Exploration and Production Guyana Ltd. will begin a 3-month drill...
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ExxonMobil exits Russian ventures, continues success off Guyana

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(JPT) A busy week for ExxonMobil marked a continued company-wide transition for the world’s largest public oil and gas firm, headlined by its withdrawal from once-promising Russian joint ventures and its announcement of a seventh oil discovery off Guyana. According...
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Noble Bob Douglas arrival signals start of development for oil production in Guyana

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The arrival of the Noble Bob Douglas drill ship in Guyana will signal the start of development of the Liza field which will bring first oil for the South American country in March 2020. The vessel is currently en-route to...
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Petronas discovers oil and gas in Gabon

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(Malay Mail) PC GAbon Upstream SA (PCGUSA), a subsidiary of Petroliam Nasional Bhd (Petronas), has discovered oil and gas at its Boudji-1 exploration well in Block F14 (Likuale), South Gabon. Petronas said the discovery marked a significant milestone for Petronas...
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Private Sector body ramping up efforts to prep Guyanese businesses for O&G

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Guyana’s Private Sector Commission (PSC) is spearheading a seminar scheduled to be held on Tuesday that will focus on opportunities and perspectives for the local business community in the country’s emerging oil and gas sector. PSC Chairman, Eddie Boyer, told...
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Westwood predicts surge in FPSO orders

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(Energy Voice) According to its latest world floating production systems tracker, capital expenditure will hit $51 billion in the next five years. Westwood says 17 orders are expected to be made this year, up from 15 in 2017 and zero...
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Guyana reviewing Japanese O&G ‘Master Plan’

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An Oil and Gas Master Plan developed by Mitsubishi Corporation and Chiyoda Corporation in collaboration with the Government of Japan is currently being reviewed by authorities in the South American country of Guyana. According to a statement from the Ministry...
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ExxonMobil says it is not responsible for unknown substance on Georgetown seashore

OilNOW -
The presence of a thick, black substance at the Guyana seashore is not as a result of oil exploration activities, according to ExxonMobil Guyana. This was confirmed by the company following reports in sections of the Guyanese media about the...
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Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...

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