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No mention of FID for Suriname’s Block 58 during TotalEnergies earnings conference

Shikema Dey -
TotalEnergies – operator of Suriname’s offshore Block 58 held its Q3 Earnings Conference last Thursday to appraise shareholders of its massive US$6.6 billion haul for the quarter. But its Chief Financial Officer (CFO), Jean-Pierre Sbraire, made no mention of any intended final...
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Deakin expects Lula to freeze Petrobras divestments, sell domestic fuels below world market price

OilNOW -
Luiz Inácio Lula da Silva has won Brazil’s presidential election. Following the transfer of power in Brazil, Latin America’s largest democracy, myriad reforms are expected in the energy sector. Arthur Deakin, analyst and Director for Americas Market Intelligence (AMI) Energy Practice,...
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Guyana’s oil gives it competitive edge over Trinidad and Tobago, Suriname – AMI analyst

OilNOW -
Stacked against each other, international investors will tell you that they favour Guyana’s oil prospects over Suriname’s, and even those of legacy producer, Trinidad and Tobago, says energy analyst, Arthur Deakin. The Director for Americas Market Intelligence (AMI) Energy Practice made this statement as part...
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Trinidad’s National Gas Company cops Gold Standard status for methane reporting

OilNOW -
The National Gas Company (NGC) of Trinidad and Tobago Limited (NGC) has disclosed its recent achievement of the Gold Standard status of reporting under the global Oil and Gas Methane Partnership 2.0 (OGMP 2.0). This status is attained by companies...
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Ramps’ challenges in Guyana not linked to private sector; umbrella body condemns “dark forces” comment

OilNOW -
As the Ramps Logistics' Local Content spat continues, Guyana's private sector body has come out to condemn recent statements by its Chief Executive Officer (CEO) Shaun Rampersad. He had made the suggestion that dark forces from Guyana's private sector "want...
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US$5.4 billion mega port for Suriname; to feature LNG facility, shorebase and economic zone

OilNOW -
Phoenix Development Company and Suriname’s Port Management Company, N.V. Havenbeheer, have teamed up to build a mega Deep-Water Port and Special Economic Zone – Port of Nickerie – in Suriname, with projected investment of approximately US$5.4 billion. With several oil...
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Ramps CEO enters not guilty plea to company’s false declarations charges, out on GY$500,000 bail

OilNOW -
Chief Executive Officer (CEO) of Ramps Logistics, Shaun Rampersad on Friday paid bail of GY$500,000 to the Supreme Court, and in so doing, avoided custody for charges of false declarations to the Guyana Revenue Authority (GRA) for its duty-free...
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Ramps at risk of losing US$25 million Exxon contract, laying off 100 workers without Local Content Certificate – court documents

OilNOW -
If Ramps Logistics Guyana Inc. is not granted a Local Content Certificate of Registration, it will likely lose significant contracts with major industry players like ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL). According to court filings which form part of...
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Guyana engaging Facebook for removal of false maps, information about its border with Venezuela

OilNOW -
Representatives of the government of Guyana on October 19 met with senior personnel from popular social media platform, Facebook, the state information arm said. The parties, in a virtual meeting, discussed the removal of illegal maps and false narratives...
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Equinor starts up Peregrino Phase 2 project offshore Brazil

OilNOW -
Equinor said first oil was produced at the Peregrino Phase 2 project on October 10 at 20:00 local time, using the Peregrino C platform. The project consists of the new platform with drilling facilities and living quarters tied into the...
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Second phase of Berbice training facility progressing with extended timeline

The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant,...

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