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Oil remains biggest prize as 2021 set to see lowest number of wells targeting gas in a decade – Westwood Energy

Even though the world is witnessing an unprecedented increase in efforts to transition to cleaner sources of energy starting with natural gas, there is still very little evidence of explorers going after this resource for 2021. This is according...

Saipem looking to play major role in Nigeria, Mozambique natural gas expansion projects

Italian engineering giant Saipem hopes to play a long-term role in the development of sub-Saharan African LNG infrastructure, its Chief Operating Officer for onshore, Maurizio Coratella, said in an interview. According to an S&P Global Platts report, Saipem-led consortiums were...

Gas compressor en route to Guyana for reinstallation on floating production platform

ExxonMobil Guyana said in an update on Wednesday that the flash gas compressor that was sent to Germany for repairs after encountering technical issues in January is now making its way back to the South American country. “The flash gas...

Maersk Drilling to begin one-well contract with Petrogas

Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands B.V. which will employ the harsh-environment jack-up rig Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field...

ExxonMobil, SBM Offshore among major companies supporting 1st Women and Girls’ Summit

In observance of International Women's Day, the Women's Chamber of Commerce and Industry Guyana (WCCIG) will host its Inaugural Guyana Women and Girls' Summit on Monday, with support from several companies in the oil and gas industry, including ExxonMobil...

Reduction in flaring expected soon as gas compressor set to return

All repairs to the Liza Destiny FPSO flash gas compressor have been completed at the MAN Energy Solutions workshop in Germany and the equipment is expected to be returned to Guyana by the end of the month. “The compressor has...

Rivalry in the Guyana Suriname Basin, the Holy Grail of oil & gas

By Anthony T. Bryan – OilNOW From Trinidad and Tobago (T&T) it is about one hour flying time south to Georgetown the capital of the Republic of Guyana and another hour flying south to Paramaribo the capital of Suriname. These two...

Experts set to discuss Guyana’s gas to power project in OilNOW TV Sunday premiere

A panel discussion on Guyana’s planned gas to power project will premiere on OilNOW TV this evening as part of a series focusing on the initiative that is expected to have a significant transformational impact on the new oil...

Suriname lines up new shore base port

(Caribbean Maritime) In 2020, amid the worldwide Covid-19-induced economic downturn, Suriname reached second place, only behind Russia, in terms of discovered oil and gas reserves. And all this from just one offshore find in Block 58, and without counting...

Guyana must not allow critics, challenges to detract from broad potential benefits of gas pipeline

By Joel Bhagwandin - OilNOW A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 3 The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...

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Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...