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Sembcorp Marine’s Brazilian shipyard delivers its first FPSO

OilNOW -
Sembcorp Marine’s subsidiary Estaleiro Jurong Aracruz (EJA) has crossed a significant operational milestone with the completion of its first floating production, storage and offloading (FPSO) project. P-68, a newbuild FPSO vessel, left the shipyard on Monday and will be deployed...
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Int’l experts place keen focus on oil spill safeguards for Guyana

OilNOW -
A number of international experts in oil and gas exploration and production are lending their voices in the conversation of safeguarding Guyana from oil spills and other negative environmental impacts, as the South American nation moves closer to its...
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Harvey Gulf crew boat will arrive in Guyana soon to support Repsol drill campaign

OilNOW -
US-based Harvey Gulf International Marine is deploying a second vessel to Guyana to support offshore exploration activities in South America’s newest oil and gas hotspot. The 210’ Fast Supply and Utility Vessel is expected to arrive in Guyana on September...
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ExxonMobil-led consortium wins 3 Brazil deepwater blocks

OilNOW -
An international consortium led by Exxon Mobil Corporation XOM was the main bidder for three ultra-deepwater oil and natural gas units off the coast of Sergipe and Alagoas states during Brazil's first Open Acreage auction. The units are situated close to the...
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T&T oil decline driving investors to nearby Guyana – Ramnarine

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Trinidad and Tobago (T&T) has seen a stagnation in its oil-based economy in recent years and with little to no new investment opportunities, its businessmen are now flocking the hemisphere’s newest Oil and Gas (O&G) hot-spot—neighbouring Guyana. So says former...
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Eco Atlantic shares appreciate after Orinduik discovery

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Share prices for Eco Atlantic Oil and Gas (O&G) have appreciated significantly on the stock market, following the discovery of more than 100 million barrels of recoverable hydrocarbons in the Orinduik Block offshore Guyana. According to market reports, the company—co-venture...
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2% royalty is not Guyana’s entire ‘slice of the pie’

OilNOW -
The 2% royalty to be paid by ExxonMobil to the Guyana Government when oil production begins does not represent the country's entire take from its offshore oil revenues; a critical component of the discussion that is missing from public...
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CDC looking to test oil spill response plan at upcoming Exercise Tradewinds

OilNOW -
Guyana is preparing to host Exercise Tradewinds in June 2020 and Director General of the Civil Defence Commission (CDC) Lieutenant Colonel Kester Craig wants the operation to feature an oil spill response component. Currently, the CDC is finalizing Guyana's first...
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PCJ confirms discovery of oldest live oil seep in Jamaica

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(Jamaica Observer) Tests carried out by two separate independent laboratories have confirmed that an oil seep identified in 2018 by the Petroleum Corporation of Jamaica (PCJ) is the island's third onshore live oil seep. PCJ said in a release yesterday...
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Liza Destiny helideck gets certification

OilNOW -
On Tuesday, the Floating, Production, Storage and Offloading (FPSO) vessel, Liza Destiny, received its first helideck inspection certificate from the Guyana Civil Aviation Authority (GCAA). A helideck is a platform on a vessel or offshore structure, which allows helicopters to...
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USA and Guyana deepen ties with security pact and economic cooperation

The United States and Guyana have reinforced their partnership through enhanced cooperation in security, trade, and regional stability following...

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