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News

Guyanese can register business interest with ExxonMobil online

OilNOW -
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...
News

Guyana remains cautious against falling oil prices, expectations

OilNOW -
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...
News

Exxon awards EPCI contract to Saipem for Liza development

OilNOW -
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...
News

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

OilNOW -
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,...
News

Bristow in new contract with Apache

OilNOW -
Bristow Helicopters Limited has secured a new contract with Apache North Sea Limited to support its North Sea operations. The contract which has a five year primary term, with further extension options, will commence on 1 September 2017. Aircraft types...
News

ExxonMobil targets mid-year sanction for Liza first phase

OilNOW -
“When you think about the full scope of our development in Guyana, and clearly, the higher the resource density, the more profitable it's going to be..." - Jeff Woodbury US supermajor ExxonMobil plans to sanction the first phase of the development...
News

In excess of 1,340 direct jobs could be created over lifetime of Liza phase 1 project

OilNOW -
More than 1,340 direct jobs could be created over the lifetime of the Liza phase 1 development project which will see a proposed 17 wells being drilled, equipment installed and oil production undertaken in the Stabroek Block, 120 miles...
Exploration

CGX maps out plans for “getting back in the game”

OilNOW -
CGX Energy Inc. has provided details on the financial state of the company and its plans to restart oil exploration offshore Guyana. The Canadian-based oil junior released its audited consolidated financial results for 2016 along with an update on...
News

Hess earns place on CR’s 2017 Best Corporate Citizens List

OilNOW -
Hess Corporation (NYSE: HES), a 30% shareholder in the Stabroek block, offshore Guyana, has earned a place on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2017. The list recognizes public companies across the United States...
Discoveries

Global demand for oil could outstrip supply after 2020 unless new investments approved soon

OilNOW -
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned...
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Latest News

Stories Beyond the BarrelShikema Dey -

David Phillips: Building skills and people at TechnipFMC

David Phillips’ path to TechnipFMC started far from the oilfields — in mining. “My background is largely in mining,”...

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