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Total clinches GOM deal, acquires Samson Offshore Anchor, LLC

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French oil giant Total, which is said to be eyeing Guyana’s offshore Orinduik Block, has reached a deal to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the...
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Big global oil projects are starting to get off the ground

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(Bloomberg) The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve. From production vessels tapping Brazil’s deep-water reserves to pipes connecting rigs to underwater wells in China, the number of ventures delayed since the...
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200,000 bpd Egina FPSO arrives in Nigeria

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Nigeria’s oil and gas industry is set to record another milestone as the Floating Production, Storage and Offloading (FPSO) vessel Egina was set to arrive in the African nation on Wednesday. The FPSO, with a capacity of 200,000 barrels per...
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Exxon examining options to set up head office at Ogle; not hotel company says

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ExxonMobil Guyana said on Wednesday that efforts to acquire land at Ogle, located on the East Coast Demerara, is for the setting up of a head office as part of the company’s long-term operations in the South American country. The...
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GO-Invest eyes GIPEX 2018 as launch-pad for enduring alliances

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The Guyana Office for Investment (GO-Invest) - one of the organising partners of the Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018 - is looking to facilitate enduring business alliances between local and international companies in Guyana’s emerging...
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Incentives contained in ExxonMobil PSA not unique to Guyana – MNR

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The Ministry of Natural Resources on Tuesday urged that members of the media fraternity in Guyana acquaint themselves with industry specific knowledge and an understanding of the basic principles of contract regimes in oil and gas so that they...
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Telecoms Ministry sees ICT as catalyst to accelerate Guyana O&G growth

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Recognizing the role Information and Communication Technology (ICT) plays in development of a country, Guyana’s Ministry of Public Telecommunications believes that the agency has a critical role to play in supporting the country’s emerging oil and gas industry. Telecommunications Minister,...
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Tourism body retooling for expected increase in visitors fueled by oil production

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The Tourism and Hospitality Association of Guyana (THAG) is looking to promote cultural tourism as it gears up for the expected growth in the influx of visitors with the coming of oil production in 2020. President of THAG, Andrea de Caires,...
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Oil jumps as Brent tops $70, with inventory data on tap

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(Reuters) - Oil rose more than 1 percent on Tuesday, with benchmark Brent crude hitting $70 a barrel for the first time in a week, boosted by healthy world economic growth prospects and expectations for continued production curbs by...
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ExxonMobil Guyana prepared to mitigate Liza Phase 2 potential environmental impacts

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ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) environmental consultant has assured that the company stands ready to mitigate any of the identified potential environmental impacts from the proposed Liza Phase 2 development, recently announced. The company in its...
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Guyana continues to defy expectations, says U.S. market intelligence firm

Americas Market Intelligence (AMI) has once again placed Guyana in a category of its own, labeling it as “great”...

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