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14 Saipem workers hurt in fire off Azerbaijan

OilNOW -
Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....
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SBM confirms award of Liza 2 floater contract

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SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...
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Guyana government guarding against over-dependence on oil – former business minister

OilNOW -
Former Minister of Business in Guyana Dominic Gaskin believes that while there will be some meeting of Guyana’s needs from oil revenues in the short term, the real benefits to the country will be had during the medium and...
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OTC 2019: Saipem makes presentation to Guyana delegation

OilNOW -
Saipem on Wednesday made a presentation to the Guyana delegation at the Offshore Technology Conference (OTC 2019) being held in Houston, Texas, focusing on its ongoing installation operations for the Liza Phase 1 Development Project. Giorgio Martelli, President and CEO...
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Arrived and ready – Guyana contingent all set for OTC opening

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The contingent from South America’s newest oil and gas hotspot has arrived in Houston, Texas, and is all set to participate in the largest oil and gas sector trade show in the world – Offshore Technology Conference 2019. “Excited to...
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Capping stack, decommissioning pact among Liza 2 requirements – Dr. Bynoe

OilNOW -
Guyana’s Department of Energy (DE) on Friday disclosed a number of measures which it says is tied to the approval granted to ExxonMobil for the 220,000 bpd Liza Phase 2 Development project in the Stabroek Block offshore the South...
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CGX begins survey ahead of Utakwaaka-1 drill campaign

OilNOW -
CGX Energy is moving to undertake a shallow hazard survey at the Utakwaaka-1 well site within the Corentyne Block, offshore the South American country of Guyana. The operation, set to begin on May 5 and conclude on May 31, will...
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Guyana approves Frontera/CGX farm-in

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Director of the Department of Energy Dr Mark Bynoe said that the Government of Guyana has given its approval for the farm-in joint venture agreement between CGX Energy and Frontera Energy Corporation for exploration in the Corentyne and Demerara...
News

ExxonMobil to proceed with US$6 billion Liza Phase 2 project in Guyana

OilNOW -
US oil major ExxonMobil announced on Friday it will be proceeding with its US$6 billion Liza Phase 2 Development project offshore the South American country of Guyana. ExxonMobil’s announcement comes just after Director of Guyana’s Department of Energy, Dr. Mark...
News

Guyana EPA says all environmental requirements met for Liza Phase 2

OilNOW -
The Environmental Protection Agency (EPA) in Guyana says all requirements for which it has responsibility have been met by ExxonMobil Guyana for the 220,000 bpd Liza Phase 2 Development Project. Executive Director of the EPA, Dr. Vincent Adams, told OilNOW...
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Electricity generation from natural gas can save Guyana one million US dollars per day

Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that...

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