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Young Guyanese ecstatic about working offshore with ExxonMobil

OilNOW -
Some 24 young Guyanese who have been given the opportunity to work with US oil major ExxonMobil on its giant Liza project offshore the South American country are looking forward to joining the team that will bring first oil...
News

Saipem contracts Guyanese company for shorebase services

OilNOW -
Saipem America Incorporated has indicated that it will be contracting a Guyanese company to provide shore-base services for its operations in the Liza Field in the Stabroek Block. The company - a tier one contractor of ExxonMobil Guyana – has been...
News

Hess moves to buy back US$1B in shares as Guyana gets “bigger, better”

OilNOW -
Hess Corporation said on Thursday that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late...
News

SBM Offshore in search of wide-ranging services for Guyana operations

OilNOW -
As work on the Liza Destiny FPSO moves into high gear in Singapore, SBM offshore is ramping up its preparations for the arrival and operation of the vessel that will bring first oil for the South American country of...
News

Mega petroleum summit opens today in Guyana

OilNOW -
All roads will lead to the Guyana Marriott Hotel today as the country gets ready to host the inaugural Guyana International Petroleum Exhibition and Summit – GIPEX 2018. With six significant discoveries made in the offshore Stabroek block in just...
Industry Insight

Canadian consultant urges strong local content regime for Guyana

OilNOW -
This column will be devoted to the subject of Local Benefits and how this can be best achieved in Guyana.  This topic has received extensive coverage, both in OilNOW and in the local Guyana press. I have been following the...
News

ExxonMobil courts Guyanese companies for support contracts

OilNOW -
US oil major ExxonMobil has begun to up the ante in its push to sensitize the Guyanese business community of opportunities during its exploration and development phases in the coming decades and is in fact encouraging private companies from...
News

ExxonMobil to provide plan for sourcing goods and services in Guyana, utilizing local labour

OilNOW -
US super-major ExxonMobil will have to provide a detailed plan to the Guyana government for the procurement of goods and services in the country as well as the employment and training of Guyanese citizens, in keeping with requirements of...
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Analyst expects stricter local content rules, differences on how to manage oil revenues with new Suriname government

Suriname’s new coalition government could face internal divisions over how to manage future oil revenues, an international analysis report...

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