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Local Content Push: 40 Ghanaian companies to go on UK trade mission for O&G

OilNOW -
Ghana’s Petroleum Commission is leading a delegation of over 40 local companies on a week’s oil and gas trade mission to Aberdeen, Scotland. The goal is to engage with their Scottish counterparts seeking business opportunities in Ghana’s upstream petroleum...
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Repsol, Total in US$324M deal with Algeria’s Sonatrach

OilNOW -
Algerian energy giant Sonatrach on Monday signed a contract worth 324 million U.S. dollars with France's Total and Spain's Repsol for the development of a gas field in the south of the country. Under the contract, Sonatrach holds a major...
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Support for fund to manage billions in oil revenue growing in Guyana – Commonwealth

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The Commonwealth, which has been playing an integral role in helping Guyana to create regulations, policies and legislation for its emerging petroleum industry says support for a fund to manage oil revenue has grown among key stakeholders in the...
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Oil producer Ghana taking steps to curb fuel prices at the pump

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The oil producing West African nation of Ghana is looking to take steps to curb volatility in prices consumers pay at the pump for fuel, amid the rising cost for oil on the global market. According to a Bloomberg report,...
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Guyana urged to avoid poor governance, bad investments of oil revenue

OilNOW -
The resource curse, sometimes referred to as the paradox of plenty, afflicts a number of resource-rich countries around the world, and with the coming of oil, Guyana is becoming increasingly aware of the dangers associated with this scourge. In addition...
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Roraima, PAL partner for O&G aerial surveillance services in Guyana

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Guyanese air services company Roraima Airways is partnering with PAL Aerospace, an international aerospace and defence company headquartered in Canada, for provision of a range of services in the oil and gas industry. PAL provides most of Canada’s maritime domain...
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Chevron names Brazil chief to lead Venezuela operations after arrests

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(Reuters) - U.S. oil producer Chevron Corp has permanently assigned its Brazil country chief to run its Venezuelan operations after the months-long detention of two executives escalated tensions between the OPEC-member nation and foreign oil firms. Javier La Rosa, who had...
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JP Morgan forecasts lower oil prices this year and further drop in 2019

OilNOW -
Oil prices are heading for a downturn later this year and will sink even lower in 2019 as the fundamentals of supply and demand weaken, J.P. Morgan forecast in a research note on Friday. "While geopolitical tensions and lingering risks of large...
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Liza Destiny contractor ramping up human resources in Guyana

OilNOW -
ExxonMobil’s prime contractor SBM Offshore; the company that is building the Floating, Production, Storage and Offloading Vessel (FPSO) for oil production in Guyana, is looking to fill a number of positions as preparation for first oil gets underway. Through its...
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ExxonMobil adds more than 88,900 acres to deepwater holdings in Brazil

OilNOW -
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during Brazil’s 4th pre-salt bid round. The block awarded adds about 88,900 net acres to the ExxonMobil portfolio, expanding the...
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TotalEnergies launches EnergyJobs.sr to connect Surinamese talent with growing oil and gas opportunities

PARAMARIBO, SURINAME – TotalEnergies Suriname officially launched the EnergyJobs.sr platform on Thursday at the Assuria Event Center in Paramaribo,...

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