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Investors moving ahead with plans for “GY$100 per share” modular refinery

OilNOW -
Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...
News

Manufacturing group tours ExxonMobil business development centre

OilNOW -
Officials from the Guyana Manufacturing and Services Association (GMSA) on Tuesday were given a tour of the ExxonMobil Centre for Local Business Development, located on South Road, Georgetown, Guyana. President of GMSA, Shyam Nokta, in brief remarks said the manufacturing...

JSL International

OilNOW -
Contact Information: JSL International (Guyana) Inc. Lot 36 Delhi Street Prashad Nagar, Georgetown Guyana. Email: [email protected] JSL International  (Trinidad) Limited #109 Abercromby Street Port of Spain, Trinidad, West Indies. Email: [email protected] JSL International LLC 11757 Katy Freeway, Ste. 900 Houston, Texas, 77079 Email: [email protected] Visit our website at: www.jslinternational.net Established in 2008 The JSL International “Group of Companies”...
Production

Liza Phase 1 Development Fact Sheet

OilNOW -
The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company. ExxonMobil outlines the Liza Phase 1 project development description as follows: ...
News

Oil to Soil: O&G services company farms into agriculture

OilNOW -
A company specializing in the provision of manpower resources and a range of other services to the oil and gas industry is investing big in agriculture development in Guyana. The JSL International Group of Companies has to date invested a...
News

SBM says work on development of FPSO for Liza project “progressing well”

OilNOW -
SBM offshore, the company contracted by ExxonMobil to install, lease and operate a Floating Production, Storage and Offloading Vessel (FPSO) for the Liza project in Guyana, says work is progressing well on schedule. At the end of 2016, SBM Offshore...
News

Major oil companies begin pulling workers out of Venezuela

OilNOW -
(Bloomberg) Repsol SA pulled all foreign workers from its oil fields in Venezuela amid a deepening political crisis, while Chevron Corp. and Total SA have removed a small number of employees, said people with knowledge of the companies. Norway’s...
News

“It’s harder to earn money when prices are low and margins are tight” – ExxonMobil CEO

OilNOW -
The oil supply boon fueled by hydraulic fracturing has served to push petroleum prices down. This has triggered increased competitive pressures for resource-developing companies, like ExxonMobil, and increased revenue pressures for resource-owning governments, like Guyana. Speaking at the World Petroleum...
News

As Venezuela spirals US oil confronts a $10b threat

OilNOW -
From New Jersey down to Texas, oil companies have come to depend on crude-soaked Venezuela to feed their massive refineries The tanker Paramount Helsinki docked in Pascagoula, Mississippi, last week bearing the lifeblood of Chevron Corp’s refinery there: 532,000 barrels...
News

Class action lawsuit filed against TechnipFMC

OilNOW -
(GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against TechnipFMC plc (“TechnipFMC” or the “Company”) (NYSE:FTI) and certain of its officers.   The class action, filed in United States District Court, Southern District of...
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TechnipFMC mobilizes first subsea 2.0® tree from Guyana for Uaru development

TechnipFMC marked a key milestone for its configure-to-order Subsea 2.0® platform, which has benefited from its global talent pool....

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