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ExxonMobil seeking to prequalify contractors for head office construction in Guyana

US oil giant ExxonMobil’s local subsidiary Esso Exploration and Production (Guyana) Limited has published a Request for Information for general contracting services, with a view to gathering the relevant data on the market for contractors for the construction of...

Hundreds of Norway oil workers go on strike, Shell shuts Knarr Field

(Reuters) Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher. One union said...

PDVSA’s oil sales to US bounced in June; Caribbean stocks drained

(Reuters) - Venezuelan crude sales to the United States recovered in June from May as state-run PDVSA exported more of its diluted oil to its customers and drained inventories from two Caribbean islands affected by assets seizures, according to...

Ramnarine urges caution in oil production forecasts

Former Trinidad and Tobago Minister of Energy and Energy Affairs, Kevin Ramnarine, says predicting how oil reservoirs will behave is often difficult and this along with other factors can impact projected daily output. As such, he believes that it...

SBM awarded contract for second Liza FPSO in Guyana

SBM Offshore said Tuesday that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a second Floating Production, Storage and Offloading vessel (FPSO) for the...

Liza sub-sea contractor gets EPC job for Zinia development

TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters. The contract covers the Engineering, Procurement and Construction of subsea equipment...

Guyana vows to honour ExxonMobil deal as countdown to first oil begins

Speaking at a reception on Tuesday to mark the start of the development phase of Liza Phase 1 in Guyana, the country’s Minister of Natural Resources, Raphael Trotman, said responsible governments do not arbitrarily redefine contract terms with a company...

Oil producer Ghana taking steps to curb fuel prices at the pump

The oil producing West African nation of Ghana is looking to take steps to curb volatility in prices consumers pay at the pump for fuel, amid the rising cost for oil on the global market. According to a Bloomberg report,...

Letter-to-the-Editor: Importance of sharing accurate information on Guyana’s burgeoning oil and gas industry

Dear Editor In an article that appeared in the Kaieteur News on Sunday, June 10, which quoted Charles Ramson Jr., it was suggested in the report that the GYD$10B spent in Guyana with local companies is minuscule. The article was...

Liza Destiny contractor ramping up human resources in Guyana

ExxonMobil’s prime contractor SBM Offshore; the company that is building the Floating, Production, Storage and Offloading Vessel (FPSO) for oil production in Guyana, is looking to fill a number of positions as preparation for first oil gets underway. Through its...

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Irfaan Ali charts oil-fueled, sustainable future as Guyana’s ninth President

Flanked by First Lady Arya Ali and their son Zayd, Irfaan Ali was sworn in on Sunday as Guyana’s...