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Major partnership to see Guyanese receive hands-on FPSO training in Nigeria, Singapore

OilNOW -
Guyanese will soon begin to receive specialized training to work on Floating Production Storage and Offloading (FPSO) vessels through a Strategic Partnership Venture (SPV) between Strategic Recruitment Solutions (SRS) and Century Tamara Energy Services Inc. (CTES). SRS is 100 percent...
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Sinopec reports best quarter in years after oil prices rebound

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(Reuters) - China Petroleum & Chemical Corp, the country’s largest refiner, reported its best quarterly profit in years on strong upstream and refining business and said it expects higher fuel sales in the second half. Known as Sinopec, the company...
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Talks between Total, North Sea oil workers collapse

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Talks between French oil refiner Total and workers on three of its North Sea oil and gas platforms broke down on Thursday, meaning that a series of planned strikes over working rotas will go ahead, UK union Unite said...
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US demand for oil expected to decline through 2022

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US demand for crude petroleum is forecast to see marginal annual declines through 2022, according to Crude Petroleum: United States, a report recently released by Freedonia Focus Reports. This drop will result from lower expected levels of gasoline demand, which...
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Saipem secures US$700M in contracts for Liza Phase 2 development in Guyana

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Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana to the tune of 700 million USD. These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil,...
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North Sea union holds fifth day of strikes at Total O&G platforms

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Total confirmed Monday its North Sea production, which feeds the Forties crude stream, had been shut down due to a fifth day of strike action by the Unite trade union, S&P Global Platts said in a report. The fields together...
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CLBD, CTVET team up for O&G training

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ExxonMobil Guyana’s Centre for Local Business Development (CLBD) and the Council for Technical and Vocational Education and Training (CTVET) have collaborated to host a two-day workshop for lecturers and instructors of the Government Technical Institute (GTI) and the Linden Technical...
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Russia’s Rosneft completes acquisition of ExxonMobil stakes in some joint projects

OilNOW -
Russian oil company, Rosneft said Tuesday that it has completed acquisition of ExxonMobil's stakes in some joint projects set up to develop offshore Arctic, deepwater Black Sea, and West Siberian tight oil reserves, following the US major's decision to...
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Minister: Exxon ‘very hopeful’ of success in discovering ‘big cache’ of oil

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(Rigzone) ExxonMobil is “very hopeful” of success in discovering a “big cache” of oil off the Indus Delta, the Pakistan minister for maritime affairs and foreign affairs, Abdullah Hussain Haroon, has said in a press statement. “ExxonMobil has purchased a...
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More youths being introduced to O&G

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Twenty-six young people will be introduced to the functioning of the Petroleum industry and its basic operations through the Ministry of Natural Resources’ (MNR) 2018 Youth Apprenticeship Programme which was launched on Monday, August 06, 2018 at the Pegasus...
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More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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