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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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Countrywide discussions on local content framework begin Wednesday in Guyana

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The Petroleum Department of Guyana's Ministry of Natural Resources will on Wednesday host a stakeholder engagement on the draft Local Content Policy framework. The draft framework has been under review by stakeholders over the past few months. Author of the document, Trinidadian...
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Gov’t, Exxon need to sit down and decide on disclosures – Trotman

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The Guyana government and US super-major ExxonMobil will need to sit down and chart a way forward regarding the disclosure of information related to agreements for petroleum exploration and production in the South American country. Guyana’s Minister of Natural Resources,...
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UK North Sea set for surge in oil and gas start-ups

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(Bloomberg) The UK North Sea is on track for the biggest year of oil and gas field start-ups in a decade, continuing the ageing province’s surprising resilience to the crude-market slump. Fourteen projects with combined peak production of 230,000 barrels of oil equivalent a day will...
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Ministry of Labour conducts OSH inspection on Liza Unity FPSO

Guyana’s Ministry of Labour's Occupational Safety and Health (OSH) Department conducted a detailed inspection aboard the Liza Unity floating,...

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