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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...
News

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...
News

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...
News

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...
News

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,...
News

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...
News

Australia and Timor-Leste strike deal to end maritime boundary dispute

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(ABC ) Australia and Timor-Leste have resolved their bitter and long-running dispute over maritime boundaries in the Timor Sea, in what is being described as a "landmark day" in the relationship between the two nations. The Permanent Court of Arbitration...
News

Oil will be produced from 8 wells in Liza Phase 1 development

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The Liza Phase 1 development project will see a total of 17 wells being drilled, eight of which will produce oil, while six will be used for water injection and three for gas injection. Gas and water are reinjected to...
News

Texas refineries begin restart after hit from storm Harvey

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(Reuters) - U.S. Gulf Coast refineries and fuel distribution terminals started to reopen on Saturday, a week after Tropical Storm Harvey knocked out nearly 25 percent of the nation’s refining capacity and sent gasoline prices spiking. While much of the...
Exploration

“We’re gonna keep looking for more oil” – Exxon Operations Manager

OilNOW -
Encouraged by positive results from several drill campaigns offshore Guyana which saw the largest discovery being made for 2015, ExxonMobil has vowed to continue its search for more oil in the South American country. The Liza 1 discovery, estimated to...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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