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Siemens looking for investment opportunities in Guyana O&G sector

OilNOW -
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

OilNOW -
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

OilNOW -
(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

OilNOW -
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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GIPEX will play key role in showcasing Guyana – Exxon Country Manager

OilNOW -
Strategic Partner of the Inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) - ExxonMobil Guyana - expects the event to play a key role in showcasing the South American Country of 750,000 people. Speaking at the official launch of...
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Guyana could increase financial support to CARICOM from oil revenues – VP Greenidge

OilNOW -
The Caribbean Community (CARICOM) has not formally approached the Guyana Government regarding its increased contribution to the regional 13 member bloc of nations in light of its imminent influx of revenues from its oil and gas industry set to...
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SeaRose FPSO operations suspended in Canada

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(Maritime Executive) The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended operations at Husky Oil Operations' SeaRose FPSO after investigation into an incident last year when an iceberg entered the vessel's 0.25 nautical mile Ice Exclusion Area. The SeaRose FPSO is located in...
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Guyana and global oil exports marked safe as US market tariffs hit other industries

By Alana Nadir The energy industry was marked safe from sweeping tariffs announced this week by U.S. President Donald...

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