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Young Guyanese ecstatic about working offshore with ExxonMobil

OilNOW -
Some 24 young Guyanese who have been given the opportunity to work with US oil major ExxonMobil on its giant Liza project offshore the South American country are looking forward to joining the team that will bring first oil...
News

EPA grants ExxonMobil permit for Yellowtail exploration; Liza Phase 2 to follow

OilNOW -
Guyana’s Environmental Protection Agency (EPA) on Monday confirmed that an Environmental Permit has been granted to ExxonMobil Guyana for exploration drilling at the Yellowtail-1 well located in the Stabroek Block offshore the South American country.  A permit for the...
News

Saipem wins Spotlight on New Technology award for oil spill response

OilNOW -
Italian-based oil and gas contractor Saipem has won the Spotlight on New Technology award by OTC - Offshore Technology Conference, one of the most important international oil & gas industry events. OTC will be held from May 6-9 and as...
News

Outside of China CNOOC only found oil in Guyana during 2018

OilNOW -
China’s CNOOC Limited made a total of 17 commercial discoveries in 2018, 5 of which were made in the Stabroek Block offshore Guyana which represents all of the company’s overseas discoveries for that year. The other 12 discoveries were...
News

2 dozen Guyanese to join more than 1,000 working on Liza Phase 1 project

OilNOW -
Twenty-four Guyanese will soon join the more than one thousand nationals already working on ExxonMobil’s Liza Phase 1 Development project in the South American country of Guyana. The 24 persons, inclusive of two females, will be assigned to the Liza...
News

Guyana success pushes Hess to number 2 spot for 2018 drilling performance

OilNOW -
Drilling success in Guyana in 2018 earned Hess the number two spot in the industry for value created from wildcat drilling according to an annual exploration review by Rystad Energy. Only ExxonMobil, co-owner and operator of the Stabroek Block, offshore Guyana,...
News

ExxonMobil to plug additional $4B in Guyana, Permian Basin – Darren Woods

OilNOW -
ExxonMobil CEO Darren Woods says the US oil giant experienced an upside over the course of 2018 and is preparing to invest $4 billion of additional Capital Expenditure (CAPEX) from 2019 to 2025 in Guyana and other areas like...
Exploration

CGX to begin hazard assessment at Utakwaaka-1

OilNOW -
CGX Energy Inc. is set to begin a shallow hazard survey at its Utakwaaka-1 well site offshore Guyana ahead of a drill campaign scheduled to get underway by or before November 2019. Guyana’s Maritime Administration Department said the operation, which...
News

Saipem secures US$220M in new contracts, extensions

OilNOW -
Saipem has been awarded new contracts and extensions to existing agreements in onshore drilling worth approximately US$220M in total, the Italy-based company said on Wednesday. The new contracts involve projects to be carried out in Bolivia and Saudi Arabia, while...
News

At least one dead in Bristow helicopter Gulf of Mexico crash

OilNOW -
Offshore Energy Today is reporting that a Bristow operated Bell 407 helicopter crashed in the Gulf of Mexico on Sunday March 10, 2019. According to the report, one person was killed and another missing from the crash. The helicopter reportedly...
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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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