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TT’s Energy Minister says changes coming to work permit rules

Trinidad and Tobago’s Energy Minister Franklin Khan says work permit qualifications for energy sector staff will soon be amended to help address under-employment as well as ensuring greater transfer of skills to locals, reports Newsday. “There were 241 applications for...

ExxonMobil named 2017 Explorer of the Year; Guyana discoveries boosted performance

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and...

SBM Offshore kicks off topsides construction for Liza Destiny FPSO

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...

‘Guyana will not make the same mistake as others’ assures Business Minister

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...

Trinidad’s signature energy conference begins today

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...

Siemens looking for investment opportunities in Guyana O&G sector

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...

Guyana ‘sweet crude’ revives dreams in once thriving Bauxite town

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...

$3.3B Egina FPSO to arrive Nigeria Tuesday

(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...

Exxon will begin new drilling foray at Pacora prospect in Guyana this week

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...

Schlumberger to exit land, marine seismic acquisition business

(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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Guyana gov’t can withdraw up to 96% of last year’s oil earnings in 2025 budget

The Guyana government can withdraw 96% of its 2024 earnings from the oil sector, based on the withdrawal rule...