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Uncertainty as $3.8B Egina FPSO vessel approaches Nigeria

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(All Africa) There are palpable fears that the position of the Nigerian Ports Authority (NPA) to bar the much-expected Egina Floating Production Storage Offloading (FPSO) vessel from the Nigerian waterways may jeopardise the multi-billion-dollar oil project. Egina Floating Production and...
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Japan’s MODEC to supply FPSO for Libra consortium in Brazil

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Japan’s MODEC, Inc. said on Tuesday it has signed a contract for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petróleo Brasileiro S.A. (Petrobras) as Leader and Operator of the Libra Consortium on...
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Opposition Leader calls for resignations amid revelations “advance payment” received from ExxonMobil

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Opposition Leader Bharrat Jagdeo is calling on Guyana’s Ministers of Finance and Natural Resources to immediately resign from government over the revelation that a ‘signing bonus’ was in fact paid by ExxonMobil. The former President now Opposition Leader and General...
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ExxonMobil courts Guyanese companies for support contracts

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US oil major ExxonMobil has begun to up the ante in its push to sensitize the Guyanese business community of opportunities during its exploration and development phases in the coming decades and is in fact encouraging private companies from...

Exxon Mobil Q3 2017 Highlights

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Headquarters Irving Texas United States Website: corporate.exxonmobil.com/en Local Office 99 New Market Street North Cummingsburg, Georgetown, Guyana Tele No: 592 231-2866 Exxon Mobil Q3 2017 Highlights Earnings of $4 billion increased 50 percent from the third quarter of 2016. Earnings per share assuming dilution were $0.93. ...
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SBM seeking manpower services for Liza Destiny as conversion of VLCC begins

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SBM offshore subsidiary; Guyana Deep Water Operations Inc. (GDO), is inviting companies to bid for the provision of manpower services for the operation of the Liza Destiny FPSO, scheduled to arrive in Guyana late 2019. GDO said via a public...
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Massive O&G outreach awareness exercise planned for 2018

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The Guyana government is looking to embark on a wide-ranging coast-to-coast oil and gas outreach awareness programme in 2018 that will also include visits to Guyanese living in the diaspora. Minister of Natural Resources, Raphael Trotman, during a recent interview...
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O&G manpower provider farms into offshore catering

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Oil and gas manpower services provider El Dorado Offshore (EDO) is collaborating with the Carnegie School of Home Economics in Guyana, for the creation of a training programme in Offshore Catering and Hospitality. Sixteen candidates, between the ages of 19...
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‘Iwokrama collaboration fits with our core value of science, protecting the environment’ – Exxon

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ExxonMobil Country Manager in Guyana, Rod Henson, says collaborating with Iwokrama International Centre is in keeping with the company’s core value of science and protecting the environment. Henson was at the time speaking to a number of persons gathered on Wednesday evening...
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Exxon forged ahead despite Venezuela aggression, multiple risks – Persaud

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In addition to the routine nature and types of risks involved in petroleum exploration and production, US super-major ExxonMobil was also faced with the prospect of aggression from Venezuela while it was searching offshore Guyana for oil. Writing in his...
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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

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