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Shell begins deepwater production at newest FPSO in Brazil

Royal Dutch Shell plc, through its subsidiary BG E&P Brasil Ltda. (Shell) and consortium partners in Lula South, announce Friday that deepwater production has started at the FPSO P-66, which is located in the Brazilian pre-salt of the Santos...

UK Prof. to Guyanese worried about use of oil revenues: “You have the right to vote”

As Guyanese continue to ask questions about how best they can ensure revenues collected from oil production is not misused, a visiting UK professor reminded over a hundred persons gathered at a forum last week, that they “have the...

Maritime border dispute delaying Tullow oil drilling operations in Ghana

Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved. Mr Charles Darku, the Tullow Ghana Managing...

Surge in oil-related investments expected in Guyana this year

Investment in oil-related activities and business ventures in Guyana is expected to surge in 2017 as offshore operators and other players in the industry ramp up preparations for first oil production in the South American country. Already, a number of...

Tullow Oil director appointed to Providence board

Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board of directors with effect from June 1, 2017. Providence said on Monday that the exploration director and main board director of Tullow Oil,...

Guyana’s President stresses environmental care in meeting with Hess CEO

The overarching concern for protection of Guyana’s environment was raised by the country’s President, David Granger, during a meeting on Wednesday with CEO of Hess Corporation, John Hess, and other officials. The meeting was held at State House, in...

Guyanese can register business interest with ExxonMobil online

Guyanese business operators looking to provide services in the oil and gas supply chain are being urged to register their interest via an online portal open to the public. Esso Exploration and Production Guyana Limited (EEPGL) has established a supplier...

Guyana remains cautious against falling oil prices, expectations

As excitement among Guyanese continue to rise about the prospect of the country becoming a major oil producer, the government is encouraging an atmosphere of cautious optimism in face of falling oil prices and global oversupply of the commodities...

Exxon awards EPCI contract to Saipem for Liza development

ExxonMobil has awarded a new Engineering, Procuring, Construction and Installation (EPCI) contract to Saipem for the Subsea Umbilicals Risers Flowlines (SURF) package of the proposed Liza project that Esso Exploration and Production Guyana Limited is operating together with joint...

Small oil spills occur in T&T due to equipment fatigue – Coastal Dynamics Executive

With an oil and gas industry in Trinidad and Tobago that is well over 100 years old, an environmental specialist from the twin island republic believes that the absence of a major catastrophic disaster over the years is commendable,...

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President signs Guyana’s Oil Spill Bill into law

Guyana’s President Irfaan Ali has enacted a comprehensive oil spill law which sets out a national framework for oil...