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SBM Offshore kicks off topsides construction for Liza Destiny FPSO

OilNOW -
SBM Offshore today announced that the first-steel cut event has officially started for the construction of the topsides for the Liza Floating, Production, Storage and Offloading (FPSO) vessel project at the Dyna-Mac yard. According to SMB, this phase, in parallel...
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‘Guyana will not make the same mistake as others’ assures Business Minister

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Guyana continues to press ahead with development of its emerging oil and gas industry and the country’s Business Minister is adamant that government is fully capable of effectively managing this new sector. “There is a lot of angst perhaps within...
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Trinidad’s signature energy conference begins today

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Under the theme Maximising Value through Collaboration, the 2018 Trinidad and Tobago Energy Conference is set to begin today at the Hyatt Regency hotel in Port-Of-Spain and will conclude on January 24. The 2018 conference will feature keynote speeches and...
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Siemens looking for investment opportunities in Guyana O&G sector

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Siemens – a global technology company providing oil and gas services – is looking to explore investment opportunities in Guyana’s emerging petroleum sector. The South American country’s Minister of Natural Resources, Raphael Trotman, made the disclosure at a media engagement on...
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Guyana ‘sweet crude’ revives dreams in once thriving Bauxite town

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A number of persons in the mining town of Linden in Guyana on Friday benefited from training to help build their capacity in the oil and gas industry. ExxonMobil’s Centre for Local Business Development (CLBD), in its bid to...
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$3.3B Egina FPSO to arrive Nigeria Tuesday

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(The Guardian) Nigeria’S oil and gas industry is set to record another milestone as the $3.3 billion Floating Production Storage Offloading (FPSO) vessel for the 200,000 barrels per day capacity Egina deep water oilfield will arrive Nigeria from South...
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Exxon will begin new drilling foray at Pacora prospect in Guyana this week

OilNOW -
ExxonMobil Guyana is set to continue its search for more oil off the coast of the South American country this week in a new foray at the Pacora prospect located some 4 miles from the Payara discovery. A notice published...
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Schlumberger to exit land, marine seismic acquisition business

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(Hart Energy) Schlumberger Ltd. (NYSE: SLB) has decided to exit the land and marine seismic acquisition business, which has been battered by the downturn and faces an uncertain future. The business segment is the Houston-based company’s only product line that fails...
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Public engagement underway for Liza Phase 2 environmental authorization

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Officials from ExxonMobil Guyana were part of a team that recently met with stakeholders in Regions Five and Six for discussions on the impact of a potential Liza Phase 2 Development project. This Public Scoping Mission is being hosted in...
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Deepwater Horizon claims facility approaches closure; BP to take $1.7B post-tax non-operating charge

OilNOW -
The Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement is winding down. BP now expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results for the remaining Business...
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