Showing results for:

24 Guyanese on 12-month course in Canada; to be deployed on Liza Unity on return

A batch of 24 Guyanese trainee technicians attached to SBM Offshore are off to Canada for an oil and gas training programme to build their capacity and knowledge for integration into the country’s offshore operations. The certificate programme in Petroleum...

First-ever sustainability guide for greener offshore operations launched by American Bureau of Shipping

The American Bureau of Shipping (ABS) has introduced new detailed requirements for greener offshore operations in its first sustainability guide targeting the global offshore industry. ABS said the guide, developed by working with major offshore industry clients – like ExxonMobil,...

Alessandro Puliti appointed new Saipem CEO

With the sudden resignation of its Chief Executive Officer (CEO) Francesco Caio, Saipem has promoted energy industry veteran Alessandro Puliti to serve in the post. The Italian oilfield services company announced on Wednesday that Puliti will still serve in his...

ExxonMobil adds third reservoir target to massive Uaru development

ExxonMobil’s fifth Stabroek Block development – Uaru – is set to target three massive reservoirs, Uaru, Mako and Snoek, according to the final Terms and Scope for the project’s Environmental Impact Assessment, submitted to Guyana’s Environmental Protection Agency (EPA). The...

EPA issues final terms for impact study at Exxon’s largest ever proposed project in Guyana

Guyana's Environmental Protection Agency (EPA) in early August approved the final terms and scope for the Environmental Impact Assessment (EIA) for the Uaru Development Project, Exxon’s fifth and largest project at the Stabroek Block. The terms and scope document was prepared...

Venezuela’s latest tactic in its waiting game with Guyana, pt. 1

By Ivelaw Lloyd Griffith - OilNOW This is the first of a two-part series on the ongoing controversy between Guyana and Venezuela, set in the context of a famous stage play. It discusses some new dynamics of the judicial pursuits,...

CGX says US$21.8M already spent on Berbice Deepwater Port; pushing for 2023 completion

CGX Energy Inc. has expended some US$21.8 million to complete a substantial portion of its massive Berbice Deepwater Port, the company said in a recent status update. Thus far, CGX has completed 40,000 square meters quayside laydown yard, the rip rap flood protection for the Port...

Investments with 20/30-year horizons require stable contracts – ExxonMobil Guyana President

ExxonMobil Guyana has outlined development plans to place six floating production vessels offshore Guyana by 2027 and see potential for 10 to be in operation in the Stabroek Block by the end of the decade. President of the company, Alistair...

APA hoping for jackpot 17 miles north of Maka discovery offshore Suriname

Following a successful drill campaign offshore Suriname at Baja-1 in Block 53, APA Corporation will now be turning its attention to the Awari exploration prospect, located around 17 miles north of the Maka discovery at Block 58. TotalEnergies operates Block...

US, Norway, Guyana, and Angola were biggest suppliers of additional crude to UK in June

The UK imported no crude oil or refined products from Russia in June for the first time on record, according to UK trade data. S&P Global Platts said in an August 24 article that this follows phased sanctions on...

Latest News

Yellowtail production could climb to 290,000 b/d pending government green light

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a...