Showing results for:

Total starts production at Kaombo project offshore Angola

(Reuters) French energy group Total said on July 27 that it had started production at the Kaombo project, which is currently the biggest, deep offshore development in Angola. The Kaombo Norte FPSO was successfully brought onstream and will produce an estimated 115,000...

More workers come out in Norwegian oil and gas strike

Union widens six-day drilling rig stoppage, bringing out an extra 900 workers on Monday A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has slightly hit oil output after...

Date set for next Gulf of Mexico oil and gas lease sale

(MAREX) U.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development....

Venezuela & Trinidad fail to come to agreement on gas supply

Ministers of Venezuela and Trinidad & Tobago met in Caracas this week in an effort to hammer out a contract to send gas from Venezuela's Dragon Field to Trinidad for conversion into LNG so that it can be shipped...

Increased shorebase services will be needed for Liza Phase 2

As plans continue for the much bigger Liza Phase 2 development project in Guyana, more opportunity will be created for shorebase facilities to service the rapidly expanding activities in the 6.6 million acres Stabroek Block. The Liza field will be...

Global oil and gas explorers hope for brighter future – Wood Mackenzie

The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr. Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the annual European Association of Geoscientists and Engineers (EAGE) Conference. According...

Letter-to-the-Editor: Importance of sharing accurate information on Guyana’s burgeoning oil and gas industry

Dear Editor In an article that appeared in the Kaieteur News on Sunday, June 10, which quoted Charles Ramson Jr., it was suggested in the report that the GYD$10B spent in Guyana with local companies is minuscule. The article was...

Offshore oil discovery in Suriname is almost a certainty – Staatsolie boss

As the search for oil intensifies off the coast of Dutch-speaking Suriname, Managing Director and CEO of state oil company Staatsolie Maatschappij Suriname N.V., Rudolf Elias, is confident that a discovery will eventually be made. “It's not a question of...

ExxonMobil aiming to curb gas flaring by 25% in less than 2 years

US oil major ExxonMobil said on Wednesday it intends to cut back on natural gas flaring by 25% and methane emissions by 15% in less than two years. The announcement is part of the company’s greenhouse gas reduction measures which...

Jamaica encouraged by 3D oil and gas surveys

(Amsterdam News) Jamaica is fancying its chances of becoming the latest Caribbean Community nation after Guyana to find commercial quantities of oil and gas in the wake of encouraging indications from the most recent round of offshore surveys. Jamaican authorities...

Latest News

Avalon Gold proposes US$1.44B investment, 900 long-term jobs to advance OMAI gold project

Avalon Gold Exploration Inc. has completed a Preliminary Economic Assessment (PEA) for the Omai Gold Project in Guyana, outlining...