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BP sees electric future with oil demand peaking in 2030s

OilNOW -
(Bloomberg) The British company bumped up its forecast for electric vehicles by 80 percent to 180 million by 2035, according to an energy outlook released Tuesday. It expects a third of the miles driven in 2040 will be powered...
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Noble Energy profit beats estimates on cost cuts, rising oil prices

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(Reuters) - U.S. oil and gas producer Noble Energy Inc (NBL.N) reported adjusted quarterly profit on Tuesday that easily beat analyst estimates due to cost cuts and higher crude prices, sending shares surging more than 7 percent in morning...
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Encouraging indicators for oil & gas in Jamaica says PCJ

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(Jamaica Observer) The Petroleum Corporation of Jamaica (PCJ) says a geological study recently conducted by CGG Robertson of the United Kingdom has revealed further “encouraging” signs for possible petroleum potential on and off-shore Jamaica. “The investigations, which were carried out...
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ExxonMobil takes Bristow helicopters for Guyana ops

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(Offshore Energy) Offshore helicopter services provider Bristow has secured a multi-year contract to provide helicopter offshore crew change and search and rescue (SAR) services to support ExxonMobil in Guyana. The five-year deal, which is a renewal of an existing contract,...
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Amendments being made to Petroleum Commission bill

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Further amendments are being made to the bill being proposed for the establishment of Guyana’s Petroleum Commission – the regulatory body that will have oversight of the oil and gas industry. The move, which would possibly see the reducing of...
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ExxonMobil US$300,000 support kick starts Iwokrama Science Programme

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ExxonMobil Guyana’s US$300,000 (G$62M) contribution to the Iwokrama International Centre back in November has paved the way for the re-launching of the entity’s Science Programme. The first meeting for the Iwokrama Science Committee was held on February 12-13 where the...
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15 Guyanese receive training to work on Noble Bob Douglas Drillship

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A total of 15 Guyanese recently completed courses in Basic Safety Training (BST) and Ship Security Awareness (SSA) as part of the requisite training and certification needed to qualify them to be employed on the Noble Bob Douglas Drillship. The...
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Guyanese oil spill responder wants marine laws revised

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Gaico Construction and General Services - a Guyanese company investing in marine vessels, skimmers, booms and other oil spill response equipment - wants the Guyana Government to immediately overhaul its marine laws ahead of oil production. GAICO’s, Chief Executive Officer,...
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Final draft local content policy framework document with Guyana authorities

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The final draft document outing Guyana’s local content policy framework has been handed over to authorities and an implementation plan is expected to be crafted soon. Author of the document and Policy Advisor to Guyana’s Natural Resources Ministry, Regional Energy...
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Bigger investments in Guyana highest learning institution needed – VC

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The University of Guyana (UG) is appealing for bigger investments in order to effectively ‘prepare thousands of Guyanese’ for the country's emerging Oil and Gas (O&G) sector. So says the institution’s Vice Chancellor, Professor Ivelaw Griffith, who this past week...
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ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...

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