Guyana's Vice President, Dr. Bharrat Jagdeo, announced during a recent press conference that the country is set to release a draft of its gas strategy within the next two weeks for public consultation. This comes as part of the...
SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) have unveiled a significant stride toward reducing greenhouse gas emissions from floating production, storage and offloading vessels (FPSO). They announced a Partnership Agreement that aims to provide a carbon dioxide (CO2)...
According to Guyana’s Maritime Administration Department, ExxonMobil is utilising the Stena DrillMax to conduct drilling at Haimara-2, an appraisal well with potential high-quality, gas-condensate resources.
The oil major has said technical work is being done with updates provided to the...
ExxonMobil is exploring different facility options for the exportation of gas from Guyana. Alistair Routledge, ExxonMobil Guyana President, discussed Guyana's potential as a deepwater oil producer during an August interview with S&P Global in London.
Guyana has been in the...
By Ms. Tash Van Doimen, Mr. Rae Wiltshire & Dr. Terrence Blackman - OilNOW
In an inspiring convergence of thought leaders, the recent event titled "Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas"...
Italian oilfield services provider Saipem has announced the acquisition of two significant contracts valued at a combined total of €850 million for offshore operations in Côte d’Ivoire and Italy.
In the first contract, Saipem will collaborate with Eni Côte d’Ivoire...
Calgary-based Touchstone Exploration Inc. has officially announced the commencement of production at its Cascadura natural gas and liquids facility in Trinidad. This announcement heralds a significant transition for Touchstone, pivoting the company's operations to be more natural gas-centric.
The Cascadura...
The Office of the Prime Minister in Guyana is seeking to have a national control centre constructed to facilitate the country's energy infrastructure overhaul, including support for the Gas-to-energy project. It has issued a public Request for Proposals (RFP)...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has reached a tentative agreement with the United Steelworkers (USW) on a new 3-year labor agreement. The new contract will cover approximately 430 USW-represented workers at Cliffs’ Northshore Mine in...
In a recent Environmental Impact Assessment (EIA) for ExxonMobil's sixth Stabroek Block development, known as Whiptail, a comprehensive breakdown of the greenhouse gas (GHG) emissions expected from its operations was provided. The findings suggest that, even at peak emissions,...