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TechnipFMC says it has aggressive local content policy, “big plans for Guyana”

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TechnipFMC, a leading provider of oil and gas projects, technologies, systems and services, says it has an aggressive local content policy and “big plans for Guyana” as it moves forward with development work offshore the South American country. The...
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Premier makes significant oil discovery offshore Mexico

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Premier Oil, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, announced Wednesday that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery. The Zama-1 well is...
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Smart investment of oil revenues could create significant jobs – US Deputy of Mission

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Significant jobs and prosperity await Guyana, but only if revenues from oil production, set to begin in 2020, is invested wisely. Deputy Chief of Mission of the US Embassy in Guyana, Terry Steers-Gonzalez, says the time for policy makers...
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Electricity investment overtakes oil and gas for the first time ever

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(CNBC) Fossils fuels are no longer the largest recipient of investment in the energy sector, the latest report from the International Energy Agency said Tuesday. Investment in the electricity sector received the largest level of investment for the first time...
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ExxonMobil wants Guyana to provide onshore services

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Country Manager says it doesn't matter whether shore base is in Georgetown or Berbice Country Manager of ExxonMobil Guyana, Rod Henson, said it does not matter whether an onshore logistics base to support the Liza development project is located at...
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Oil booms are followed by hangovers: Guyana must prepare – GOGA CEO

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Oil booms result in bursts of economic growth, but this is often followed by a downturn that severely affects countries unprepared to mitigate the effects of falling prices. The head of the Guyana Oil and Gas Association (GOGA) says...
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Canadian O&G trade mission due in Guyana September

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The Newfoundland and Labrador Oil & Gas Industries Association (NOIA), in partnership with the Atlantic Canada Opportunities Agency (ACOA) and the Department of Tourism, Culture, Industry and Innovation (TCII) are planning a trade mission to Guyana during the week of...
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Guyana must beware of attempts by Trinidad & Tobago to dominate oil discourse – Former Minister

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The discourse on, and direction of Guyana's oil and gas development framework must not be driven nor dictated by the Trinidad and Tobago experience, or any other singular case. This view was made public by Guyana’s former Minister of...
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“We have advisors…we may not be running around listing them” – Trotman

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Jones Day, an international law firm based in the United States, and a Norwegian law Firm, are among the team of experts hired by the Guyana government to advise on oil and gas. This is according to Guyana’s Minister...
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Specialized skills needed to combat oil & gas corruption – Fraud Expert

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Fraud Audits and Fraud Deterrence capabilities are necessary skills that should be invested in by the Government of Guyana as it continues its rapid push to build a successful oil and gas industry, based on transparency and accountability. This is...
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CNOOC’s record production in Guyana boosts strong Q3 results

CNOOC Limited announced its highest-ever net production and net profit for the third quarter of 2024, crediting increased output...

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