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Guyana Shorebase to hire hundreds more ahead of first oil

OilNOW -
As discussions continue in the public domain over the availability of jobs, the protection of local content and opportunities to be made available in Guyana’s embryonic oil and gas sector, one of ExxonMobil’s contractors is gearing up to commence...
News

‘Guyana will not make the same mistake as others’ assures Business Minister

OilNOW -
Guyana continues to press ahead with development of its emerging oil and gas industry and the country’s Business Minister is adamant that government is fully capable of effectively managing this new sector. “There is a lot of angst perhaps within...
News

GIPEX will play key role in showcasing Guyana – Exxon Country Manager

OilNOW -
Strategic Partner of the Inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) - ExxonMobil Guyana - expects the event to play a key role in showcasing the South American Country of 750,000 people. Speaking at the official launch of...
News

GIPEX 2018 Launched: Major players in the O&G industry slated to participate

OilNOW -
Guyana will next month host a number of the world’s largest petroleum companies as the South American nation prepares to run its inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018. Built as the premier confab to promote the networking...
News

Shell Brazil CEO optimistic about Brazil’s E&P future

OilNOW -
(Hart Energy) For Royal Dutch Shell, 2017 was a good year in terms of E&P activities in Brazil. Ranking as the second largest oil-producing company in Brazil, after acquiring BG Group’s assets in the country, the British-Dutch major increased...
News

Nigerian Ports Authority moves against debtors; considers stopping Total vessel from entering waterways

OilNOW -
(Nigerian Tribune) The Federal Government on Friday gave indications that the $3.8bn Egina Floating Production Storage and Offloading (FPSO) project being handled by the Lagos Deep Offshore Logistics Base (LADOL) at the LADOL’s Free Zone in conjunction with Samsung Heavy Industry...
News

Japan’s MODEC to supply FPSO for Libra consortium in Brazil

OilNOW -
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...
Opinions

Oil agreements: regulatory tools vs. sweet deals

Robert Persaud -
There is the misplaced belief, in some quarters of our society, that ALL licenses and agreements, which have been issued for exploration and production (E&P) of oil and gas, between past and current administrations and the International Oil Companies...
News

Guyana SWF draft Bill ready for Executive approval ahead of legislators vote

OilNOW -
Guyana’s government is one step closer to establishing its Sovereign Wealth Fund - meant to serve as a holding deposit for a percentage of oil and other extractive industries’ revenues for future generations - having completed its final review...
News

Guyana legislators approve US$5.3M natural resources work programme

OilNOW -
Guyana’s legislators on Tuesday approved - unchallenged in the National Assembly - the Ministry of Natural Resources US$5.3M (G$1.1B) 2018 work programme of which US$145,000 (G$30M) has been allocated for oil gas related activities next year. Included in the allocations...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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