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TechnipFMC seeking multiple services for Guyana operations

OilNOW -
ExxonMobil Guyana Tier 1 contractor, TechnipFMC, is inviting companies to submit Expressions of Interest (EOI) for a number of upcoming opportunities in the South American country. The company is in search of logistics, procurement and transportation services, inclusive of ground...
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Oil at $70 is “good enough” – Halliburton CEO

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Plunging oil prices are rattling the oil markets, but that doesn’t worry Jeff Miller, CEO of Halliburton Company (HAL), one of the world’s largest oil field service companies. Miller feels good with oil prices now trading around $70 a barrel, telling...
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Guyana part of ExxonMobil’s ‘richest portfolio of investment opportunities’ – Woods

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ExxonMobil’s Chairman and Chief Executive Officer Darren Woods told shareholders during the company’s annual meeting on Wednesday that it has put together the richest portfolio of investment opportunities since the merger that brought together Exxon and Mobil some 20...
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Political partisanship ‘biggest mistake’ for Guyana’s Sovereign Wealth Fund – former MP

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A former Member of Parliament (MP) in Guyana believes that political partisanship poses the greatest threat to the establishment and effective management of a Sovereign Wealth Fund (SWF) in the soon-to-be oil producing South American country. Delivering a presentation on...
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Total farms into Angola

OilNOW -
Total S.A. TOT has signed agreements with Sonangol, covering certain upstream and downstream operations in Angola. These agreements will further strengthen TOTAL's operation in the country. Total has been operating in Angola for the past seven decades and is the leading...
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Tullow Oil hires Worley Parsons, Wood for Kenya contract

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Tullow Oil has awarded an engineering design contract for oil production in its northern Kenyan blocs to Australia’s Worley Parsons, a Kenyan petroleum ministry official told Reuters on May 29. Kenya this month moved a step closer to full production...
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Offshore oil discovery in Suriname is almost a certainty – Staatsolie boss

OilNOW -
As the search for oil intensifies off the coast of Dutch-speaking Suriname, Managing Director and CEO of state oil company Staatsolie Maatschappij Suriname N.V., Rudolf Elias, is confident that a discovery will eventually be made. “It's not a question of...
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Low-cost power could entice large manufacturers back on grid

OilNOW -
As discussions continue in Guyana on the prospect of piping liquefied natural gas to shore, a public official with oversight of the electricity sector believes the availability of low-cost power will serve to entice a number of large manufacturers...
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Return to $100 oil is ‘far from unlikely,’ Norway minister says

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(Bloomberg) Two years ago, western Europe’s biggest oil producing nation said no one should count on $100 crude coming back. Now Norway’s changed its tune. “It’s far from unlikely that we will see $100 again,” Petroleum and Energy Minister Terje Soviknes said...
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Guyana oil production will exceed 600,000 bpd over next decade raking in billions per year in profit – Norway-based analyst

OilNOW -
Rystad Energy - an independent research and business intelligence company based in Norway - predicts that oil production in Guyana will exceed 600,000 barrels per day over the next decade, raking in billions of dollars in profit per year...
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What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...

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