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Exxon agrees $4 billion sale of Norway oil and gas assets

(Reuters) - Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production in a country where it started operations more than a century ago, three sources familiar with the...

Georgetown, Aberdeen Chambers sign MoU at Offshore Europe

The Georgetown Chamber of Commerce and Industry (GCCI) and the Aberdeen & Grampian Chamber of Commerce signed a Memorandum of Understanding (MoU) on Tuesday, September 3, 2019 at the Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition. President...

Industry must adapt or go the way of the dinosaurs – Total CEO tells Offshore Europe

(Energy Voice) CEO Patrick Pouyanne delivered the keynote address at the opening day of Offshore Europe at the new P&J live venue. The industry heard how climate change is the single greatest challenge facing the industry, jeapordising its license to...

Offshore Europe: Guyana Pavilion set to connect industry players

The Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition will begin on September 3 through 6 in Aberdeen, Scotland. Energy business professionals will have an opportunity to learn more about South America’s newest oil and gas hotspot...

Positioning Guyanese to benefit from opportunities in oil and gas

A consulting firm in Guyana is seeking to educate stakeholders on the various employment and business opportunities in the country’s emerging oil and gas sector. Guyana Global Consulting Group (GGCG) will host an information and networking event entitled, “Building...

Offshore Europe another great opportunity to showcase Guyana O&G business potential

British High Commissioner to Guyana, Greg Quinn, said that the upcoming Offshore Europe oil and gas conference and exhibition in Aberdeen Scotland in September is the perfect opportunity for Guyanese companies to forge partnerships with British companies. The High Commissioner...

Eco Atlantic Oil & Gas records Q2 loss

London and Toronto-listed Eco Atlantic Oil & Gas booked a deeper second-quarter loss, as it continued to develop prospects in Guyana and Namibia. Shares, in a report on Friday, said net losses for the three months through June amounted to...

Guyanese trained in Dynamic Positioning for offshore placements

Guyanese human resource provider Strategic Recruitment Solutions has sent 4 of their candidates to Kongsberg Maritime in Houston Texas to attend a 4-day course in Dynamic Positioning (DP) Induction. The DP induction programme is the first step in the...

Attractiveness and productivity to serve the Guyana offshore basin

The pressure to source supplies from Guyana can lead to increased exploration, development and operating costs. Guyana’s offshore oil activity levels will be very sensitive to movements in oil prices and costs. At any one time in a province...

Global oil, natural gas exploration forecast to climb 35% from 2018

The second half of the year should see sustained increases in oil and natural gas exploration activity worldwide, according to analysts, Natural Gas Intelligence (NGI) said in an August 14 report. Another 35-40 high-impact exploration wells should be completed by...

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Petrobras, partners secure long-term access to gas processing facility in Bahia

Petrobras and three private-sector gas producers have extended long-term access agreements for natural gas processing at the Catu Natural...