As offshore exploration activities ramp up across the Guyana-Suriname basin, oil majors are also turning their attention to the opposite side of the Atlantic in a rush to tap into vast reserves.
Bloomberg reports that the world’s biggest companies from Exxon...
Following the massive oil discoveries offshore Guyana, the Guyana Oil and Gas Association (GOGA) says the country has an opportunity to achieve a new path of sustainable economic growth and development; through applicable Local Content Policies and Strategies that...
(Reuters) - Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik license bordering discoveries by Exxon, a spokesman said on Wednesday.
Exxon and U.S. partner...
UK-based industry analyst Wood Mackenzie says Guyana has been one of the most dominant players in the oil and gas industry since 2015 with a record number of discoveries being made, most notable of which are those in the...
(Offshore Energy) Offshore services provider Allseas said via social media on Thursday that the massive Pioneering Spirit vessel broke a pipe-laying record on Sunday, August 26.
Namely, the massive Pioneering Spirit installed a record-breaking 6.3 kilometers of pipe in one...
Guyana will face significant challenges in using the oil and gas industry to bring about development without the “resource curse,” where petroleum revenues generate concentrated wealth and harm the competitiveness of other industries within the country.
A July 2018 report...
The Government of Guyana has confirmed the appointment of Matthew Wilks to the post of Oil and Gas Advisor in the newly created Department of Energy which operates under the aegis of the Ministry of the Presidency.
A press release...
Guyanese will soon begin to receive specialized training to work on Floating Production Storage and Offloading (FPSO) vessels through a Strategic Partnership Venture (SPV) between Strategic Recruitment Solutions (SRS) and Century Tamara Energy Services Inc. (CTES).
SRS is 100 percent...
(Reuters) - China Petroleum & Chemical Corp, the country’s largest refiner, reported its best quarterly profit in years on strong upstream and refining business and said it expects higher fuel sales in the second half.
Known as Sinopec, the company...
Talks between French oil refiner Total and workers on three of its North Sea oil and gas platforms broke down on Thursday, meaning that a series of planned strikes over working rotas will go ahead, UK union Unite said...
