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...
(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...
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...
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...
(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...
The recent discovery of oil offshore Guyana has created significant excitement for the future of the country and its developing industry. Naturally, the Buzz Phrase being kicked around in every conversation is Local Content. With Local Content legislation being...
As Guyana seems well on its way to becoming the 53rd country in the world to attain Extractive Industry Transparency Initiative (EITI) candidacy, a leading adviser supporting this process says implementing countries are now required to do much more in...
Anadarko Petroleum Corporation
An American petroleum and natural gas, exploration and production company formed in 1959 as a subsidiary of Pan Handle Eastern Corporation Pipeline Company, after the discovery of large amounts of natural gas in the Anadarko basin in...
Guyanese working on the Stena Carron Drillship offshore the South American country can expect to move up into higher-level positions as they acquire more skills, in keeping with the UK-based company’s policy of ‘promote from within’.
This is according to...
Excitement was high on Saturday at the head office of El Dorado Offshore (EDO) in Georgetown, as another batch of Guyanese workers prepared for the 120-mile journey offshore to the Stena Carron Drillship.
Stena has selected 12 Guyanese nationals through...