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First cohort of TOTALTEC Academy starts oilfield training today

The new TOTALTEC academy will today commence its Oilfield Operator Training Programme with a first cohort of 24 young Guyanese. TOTALTEC is one of the investors in the Guyana Shore Base Inc., which has been contracted by ExxonMobil Guyana to...

Guyanese urged to get out of poverty now before oil is left in the ground

This is Guyana's chance to get out of poverty and the country should take it, since in the coming years a good deal of the oil discovered in the offshore basin, will remain just there. This is the advice...

Ghana defends ‘direct negotiation’ with ExxonMobil; says company best-positioned for ultra-deep operations

Ghana’s Minister of Energy, Boakye Agyarko, says the Government signed an oil exploration contract with ExxonMobil to explore for oil in the Deeperwater Cape Three Points Oilfields because it has the capacity to deliver. According to a Ghana Broadcasting Corporation...

‘Netflix for Oil’ setting stage for $1 trillion battle over data

(Bloomberg) A battle for big data is brewing in the oil patch. The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never...

Saipem in hunt for manpower agency, medical services provider in Guyana

SURF contractor for the Liza Phase 1 development offshore Guyana - Saipem - is in search of a manpower agency and medical services provider for its operations in the South American country. Saipem America Guyana Branch posted a notice inviting...

Dominican Republic to join Caribbean energy exploration rush

The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to natural gas and oil exploration for the first time later this month, joining a push by governments across the Caribbean...

TT energy sector being made into ‘bogey man’ – fmr minister

The energy sector of Guyana’s closest Caribbean island neighbor - Trinidad and Tobago - is traversing a slippery slope according to a former energy minister in the twin island republic. He believes a change in direction is urgently needed...

Oil producer Norway starts wage talks to avert widespread strikes

(Reuters) - Norwegian employers and labor unions embarked on four weeks’ of wage talks on Monday to stave off widespread strikes that risk impacting output in western Europe’s biggest crude producer. Unlike most years, in which wages are set on...

Colombia jumps into Latam oil auction wave; to award blocks in April

(Reuters) - Colombia plans to award up to 15 oil blocks next month and will begin routinely offering onshore and offshore areas for exploration and production in May, the head of the country’s energy regulator told Reuters. The move, Colombia’s...

Guyana fast-tracked Liza development to protect sovereignty

Guyana on Friday acknowledged a move to strategically fast track the development of the Liza oil field in the Stabroek Block by US oil major ExxonMobil in order to assert its sovereignty over the territory ahead of the International...

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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...