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

OilNOW -
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...
News

CDC hosts major oil spill response workshop ahead of exercise to test Guyana’s capabilities

OilNOW -
Guyana’s Civil Defence Commission (CDC) is partnering with US State agencies, Pacific Disaster Center, ExxonMobil, and the French and Canadian Armed Forces to build the South American country’s National Oil Spill Capabilities. The Commission on Thursday collaborated with regional and international...
News

Foreign investors crucial to Guyana’s development, says government officials

OilNOW -
Chief Executive Officer of the Guyana Office for Investment (GO-Invest), Dr. Peter Ramsaroop, days ago reiterated the importance of foreign direct investment to Guyana’s development and shared how government is working to connect foreign companies with local businesses, in...
Opinions

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

OilNOW -
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...
News

GLASS is latest Guyanese company to be ISO certified

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Guyana Logistics and Support Services Inc. (GLASS) has become the latest Guyanese company to achieve certification for ISO 9001:2015 International Standard. The adoption of a quality management system is a strategic decision for an organization that can help to improve its...
Opinions

An approach to healing Guyana’s socio-political and economic ills [Part 1 of 2]

OilNOW -
By Wilberne Persaud - OilNOW Consider 1: “It should be borne in mind that there is nothing more difficult to arrange, more doubtful of success, and more dangerous to carry through than initiating changes in a state’s constitution. The innovator...
Opinions

Guyanese leadership in the Oil and Gas sector will require Guyanese excellence in STEM education

OilNOW -
By Dr. Terrence Richard Blackman - OilNOW In an updated forecast, it has predicted that oil prices will average just above $50/b in 2021. If the IMF's projections hold, each lift of Guyana's share of crude oil from the Liza...
News

Halliburton will service 100% of its Guyana operations in-country from this year

OilNOW -
U.S. oilfield service company Halliburton aims to have 100 percent of its operations serviced from Guyana in 2021. The company expects this move to result in a major increase in its in-country purchases, by at least 50 percent, and...
News

Credit agencies should reward oil majors for natural gas developments

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By Arthur Deakin - OilNOW On January 26, one of the most influential credit rating agencies in the world, Standard & Poor’s (S&P), said it was considering downgrading the rating of 13 major oil and gas producers, including ExxonMobil, Shell...
Opinions

A consortium of investors can be put together for gas to shore project

OilNOW -
By Joel Bhagwandin A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 2 Though it is assumed that ExxonMobil and its partners will be financing about 50 percent of the cost of the gas-to-shore project, the Government will...
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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...

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