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Guyana opposition pushing bipartisan management of oil sector

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With the South American country of Guyana just months away from first oil and possible early election, the main opposition party says it would like to see measures being put in place to ensure the country’s emerging petroleum sector...
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ExxonMobil’s disposing of GoM assets draws interest from Repsol SA, Ineos

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Repsol SA and UK based Ineos Group Holdings are showing interest in US oil major ExxonMobil’s selling off of oilfields in the Gulf of Mexico. According to a Bloomberg article, the assets could be worth as much as $1.5 billion....
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ExxonMobil New Mexico Permian development to generate $64 billion in benefits

OilNOW -
US oil major ExxonMobil said that its Permian Basin development in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years. Impact Data Source conducted for ExxonMobil pegged...
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Guyana session at OTC saw capacity audience

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This year’s Houston's Offshore Technology Conference highlighted panels that showed a global deepwater that has become increasingly robust and the session on Guyana saw a capacity audience clamoring to hear more about South America’s newest oil and gas hotspot. Starr...
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Tullow plans to drill in Jamaica next year

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Tullow Oil has confirmed that it wants to drill for oil in select countries in 2020, including Jamaica. A report from the Jamaica Gleaner said that Tullow recently concluded a 3D seismic survey with promising results. “The preliminary findings of...
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TOTALTEC to establish O&G finishing school with firefighting, survival training capabilities

OilNOW -
Since opening its academy in 2018, TOTALTEC has trained 150 Guyanese in safety and basic operations for work in the South American country’s emerging oil and gas industry and the company has plans to further expand these capabilities. Chairman and...
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Guyana was not adequately represented by gov’t at OTC – Opposition Leader

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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...
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ExxonMobil gets approval for Mozambique Rovuma LNG project

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

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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...
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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...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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