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Guyana was not adequately represented by gov’t at OTC – Opposition Leader

OilNOW -
As Guyana moves closer to producing its first barrel of oil, just months away, the country’s opposition leader is calling on the government to ramp up its preparation for production and to do more to better position Guyana on...
News

ExxonMobil gets approval for Mozambique Rovuma LNG project

OilNOW -
Mozambique Rovuma Venture said Tuesday that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique,...
News

Houston was good for Guyana; next up: Aberdeen – British High Commissioner

OilNOW -
British High Commissioner to Guyana Greg Quinn is hopeful that there is a contingent from South America’s newest oil and gas hotspot to an Aberdeen oil and gas conference billed for September 2019 since the country will benefit from...
News

Dyna-Mac awarded contract for Liza Unity topsides

OilNOW -
Singapore-based Dyna-Mac will be working on the topside modules for the 220,000 bpd Liza Unity floating production storage and offloading vessel for ExxonMobil’s second development offshore the South American country of Guyana. According to a report in Upstream, Dyna-Mac confirmed...
News

‘Guyana’s 1 barrel per person per day will be truly transformative’ – Chatam House Researcher

OilNOW -
The South American country of Guyana is on course to produce 750,000 barrels of oil per day by the mid-2020s, which, with its small population of equal number, makes the potential for massive transformation tremendous. Speaking at the Guyana Petroleum...
News

14 Saipem workers hurt in fire off Azerbaijan

OilNOW -
Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....
News

OTC 2019: Guyana regulator encourages investors to consider shallow waters

OilNOW -
Acting Commissioner of the Guyana Geology and Mines Commission (GGMC) Newell Dennision on Wednesday on the second night of the Offshore Technology Conference (OTC) in Houston Texas, encouraged oil companies to look at the shallow waters offshore Guyana as...
News

SBM confirms award of Liza 2 floater contract

OilNOW -
SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...
News

Schlumberger hires 12 Guyanese from TOTALTEC Academy Program for Oilfield Operations

OilNOW -
Schlumberger has hired 12 persons from the 5th graduating class of the TOTALTEC International Petroleum & Maritime Academy (IPMA). According to a press release from TOTALTEC, six will begin their careers with additional training in Trinidad while the other...
Opinions

Letter-to-the-Editor: Guyana needs to change political culture to reap full benefits from oil

OilNOW -
Over the past few days I have attended the Offshore Technology Conference (OTC) in Houston, Texas with its expansive display by hundreds of companies and countries including Guyana as well as conference sessions and collateral events. Guyana is well...
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Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 1)

To briefly recap our first publication the Petroleum Activities Act Series – Introduction, the term upstream refers to all...

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