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Petrobras-led group drills first well in Peroba subsalt area

OilNOW -
A consortium of Petrobras, BP Energy and CNPC has started drilling its first well in the offshore Brazil Peroba subsalt area, Petrobras said Friday. According to an S&P Global Platts report, the group acquired the area during Brazil's third subsalt...
Exploration

Guyana Orinduik Block explorers looking to add additional well in 2019

OilNOW -
The partners in the Orinduik Block, offshore Guyana;Tullow (Operator), Total Petroleum SA, and Eco (Atlantic) Oil & Gas Ltd., are in discussions to accelerate their work programme and to consider adding an additional well in 2019. In an update released...
News

New oilfield services company launched in Guyana

OilNOW -
A new Oilfield Services company was on Wednesday afternoon launched in Georgetown Guyana, through a partnership between locally owned Mines Services Limited, TOTALTEC and Trinidadian Process Components Limited. The company, Jaguar Oilfield Services Guyana, Inc. will be providing products and...
News

Hammerhead appraisal could signal good tidings for Eco Atlantic

OilNOW -
“I think everyone hopes to be the next Cove, but the only one that really offers something like that is the Guyana blocks,” said Ashley Kelty, a Cantor analyst. “That’s the closest to Mozambique that we’ve had for a...
News

‘knowledge transfer’ will accelerate growth of industry in Guyana – Siobhan Coady

OilNOW -
Minister of Natural Resources from the Canadian Province of Newfoundland and Labrador, Siobhan Coady, is encouraging Guyana, as an emerging oil and gas producing nation, to look at how best the country can benefit from “knowledge transfer” in the oil and...
News

Head of Energy Dept. outlines five principles on which Guyana’s O&G sector is to be streamlined

OilNOW -
Head of Guyana’s Department of Energy, Dr. Mark Bynoe says every effort will be made to streamline operations in the country’s emerging oil and gas sector. He was speaking at a welcome reception at the residence of the Canadian High...
News

Guyana looking to learn from experiences of Newfoundland and Labrador as MoU on O&G cooperation is inked

OilNOW -
The Government of Guyana and the Canadian Province of Newfoundland and Labrador signed a Memorandum of Understanding (MOU) on Monday at the Ministry of the Presidency, in the South American country’s capital, Georgetown. The MOU is intended to foster greater...
News

Who knew? These countries are all oil producers

OilNOW -
(New York Times) Some oil-producing countries are well known: The three top crude suppliers, of course, are Russia, Saudi Arabia and the United States. But almost 100 countries have tapped the oil reserves within their territories to produce a...
News

50-member strong Canadian mission due in Guyana, MoU on O&G to be signed

OilNOW -
The High Commission of Canada and the Province of Newfoundland and Labrador are collaborating with the Government of Guyana through GO-Invest to bring a Canadian oil and gas trade mission of approximately 50 persons from the province’s offshore oil...
News

“We do not want to send mix signals to contractors, operators” – EPA boss

OilNOW -
Guyana’s Environmental Protection Agency (EPA) and the Department of Energy must work closely to support the Government’s policy for the oil and gas sector. This is the view of the newly appointed Director of the EPA, Dr. Vincent Adams,...
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Latest News

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Exxon ramping up capacity to produce nearly 2.2 million boe/d in Guyana by 2030

ExxonMobil Guyana is on track to ramp up its capacity to produce oil, condensate and gas at almost 2.2...

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