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ExxonMobil moving towards potential giant Liza Phase 2 development; could start by 2022

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ExxonMobil Guyana said on Thursday it has submitted an application to the Environmental Protection Agency (EPA) for environmental authorization as part of the company’s plans for a potential production concept for Liza Phase 2. “Given we receive all the permits...
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Big oil looks on as Italian giant completes ‘mission impossible’

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(Bloomberg) The fact even senior managers privately described the plan as “Mission Impossible” showed the scale of the task: Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than two years after finding it in...
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Global demand continues to make Guyana’s oil discoveries profitable – Ambassador Quinn

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British High Commissioner to Guyana, Gregory Quinn believes Guyanese need not worry about the threats of alternative and other types of green energy to its emerging oil and gas industry, since demand will “continue to make what has been...
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Norway’s 2022 oil and gas output forecast close to record high – NPD

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(Reuters) - Norwegian oil and gas investments will begin to rise in 2018 after falling for the last four years, the Norwegian Petroleum Directorate (NPD) said on Thursday. By 2022, the combined output of oil and gas from the country’s...
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Tullow plans to bring forward Guyana drilling to 2018

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Tullow Oil plc said that preparations are underway for drilling offshore Guyana possibly in late 2018. This is according to an operational update the company issued on Wednesday. The company said that it is currently processing seismic data with a...
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SOCU needs resources, cooperation to investigate O&G financial crimes – UK Expert

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British financial crimes expert, Dr. Sam Sittlington has expressed reservations over the level of resourcing afforded to the Guyana Police Force’s Special Organised Crime Unit (SOCU) but believes the unit will be able to effectively investigate malfeasance and other...
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Placing contract in public domain is ‘fantastic step in right direction’ – Brasington

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Placing the petroleum agreement between Guyana and ExxonMobil affiliate Esso Exploration and Production Guyana Limited in the public domain is a step in the right direction and provides a basis for healthy conversation about what it contains. This is the...
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Over $20B in fixed assets, 3,500 employees; ExxonMobil marks 125 years in Singapore

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(The Straits Times) This year marks the 125th anniversary of ExxonMobil’s presence in Singapore. Starting out in 1893 as a small trading company at Robinson Quay selling kerosene and lubricants, ExxonMobil has since become one of Singapore’s largest foreign...
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Uncertainty as $3.8B Egina FPSO vessel approaches Nigeria

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(All Africa) There are palpable fears that the position of the Nigerian Ports Authority (NPA) to bar the much-expected Egina Floating Production Storage Offloading (FPSO) vessel from the Nigerian waterways may jeopardise the multi-billion-dollar oil project. Egina Floating Production and...
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UTEC secures major deal from Liza subsea contractor TechnipFMC affiliate

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UTEC, a global survey company in subsea services group Acteon said it has won a contract from Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western...
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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...

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