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Private sector group wants Guyana government to explain how it will use oil money

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The head of a body representing private sector interest in Guyana believes that the country’s government should already have a plan in place on how revenues from the oil and gas industry will be utilized. In an interview on Thursday...
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More Guyanese companies competing for contracts in oil & gas

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Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...
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25 Canadian organisations for Guyana O&G trade mission

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The High Commission of Canada is collaborating with the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) and GOINVEST to bring a Canadian oil and gas trade mission of approximately 25 entities from Canada's offshore oil and gas...
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Exxon on target: Liza Destiny arrives 2019

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ExxonMobil says preparation for first oil in Guyana is on schedule and preliminary work being undertaken by key contractors is progressing well. Liza Destiny - the Floating Production Storage and Offloading (FPSO) vessel being designed by SBM Offshore to produce...
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Guyana looking to make O&G local content framework “national model”

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While a draft Local Content Policy framework currently being reviewed in Guyana has been designed specifically for the oil and gas industry, the government hopes that it would serve as a blue print for other sectors in the economy. Guyana’s...
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Diverting natural gas to shore technically feasible, could lower electricity cost – Exxon Country Manager

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As Guyana moves closer to first oil in 2020, US super-major ExxonMobil and authorities in the South American country have been mulling the feasibility of diverting natural gas from the production reservoir offshore, to land, for electricity generation. ExxonMobil Country...
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France plans to end oil output by 2040 with exploration ban

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(Bloomberg) France will stop granting new exploration permits next year as it seeks to end all oil and gas production by 2040, according to a draft bill presented at a cabinet meeting Wednesday. The move would allow the government to...
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North Sea oil and gas sector losing thousands of jobs, survey shows

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(The Guardian) Britain’s North Sea energy sector is still shedding thousands of jobs despite the recovery in the oil price, according to new figures. The industry had already been hollowed out by the 2014-16 oil price slump, falling from a...
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ExxonMobil says “significant progress” made in restarting Texas operations

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ExxonMobil said Tuesday that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other logistical infrastructure in the Houston area. The company’s fuel terminals in Houston...
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US team arriving Wednesday in Guyana to finalise oil spill response plan

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A team comprising members of the United States Coast Guard (USGS) and the US Department of Interior (DOI) will be in Guyana from September 6 – 8 to help finalise Guyana’s National Oil Spill Emergency Plan. The team will be visiting Guyana...
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Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported...

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