Saturday, July 2, 2022

Uncategorized

Fastest-growing African oil-producing economy is even bigger than it seems

(Bloomberg) Ghana plans to publish overhauled economic data that will show its gross domestic product is bigger than currently estimated. The West African nation will remeasure economic output using 2013 prices instead of 2006 and the basket of activities used...

ExxonMobil now a strategic partner of GIPEX 2018

ExxonMobil has signed on as a Strategic Partner of the inaugural Guyana International Petroleum Business Summit & Exhibition (GIPEX 2018) which is scheduled to be held on February 7-9, 2018 at the Marriott Hotel, Georgetown, Guyana. The event, which UK-based...

The life of a well: Part 3 – Types of wells

Types of wells: A well drilled to discover a new oil or gas reservoir is called a wildcat or exploratory well. The well that discovers a new field is called the discovery well for that field and subsequent wells...

The life of a well: Part 2 – Drilling

Deciding where to drill: No surveying technique can actually see oil and gas underground, but seismic and other technologies can help earth scientists identify rocks that are capable of holding oil or gas deposits. That can give an explorer...

How did oil come to run our world?

The first recorded uses of oil: 3,000 BC We are not the first people in history to exploit oil as a resource. Some of the earliest civilisations relied heavily on oil. Crude oil that had bubbled to the surface was used...

Canadian consultant applauds Gossai for work at GOGA

Canadian consultant Rob Strong of Newfoundland Canada has expressed his appreciation for the work that Bobby Gossai Jr. has done for the Guyana Oil and Gas Association (GOGA). Gossai, GOGA’s former Chief Executive Officer, recently announced his decision to...

The super-majors…what and who are they?

The Big Oil Super-majors are the six to eight companies which oil analysts utilize to talk about the world’s biggest publicly owned gas and oil corporations. They are often just called the super-majors, oil majors, or big oil. Today’s...

British investors signal interest in Guyana oil and gas sector

During a recent state visit by Guyanese officials to the United Kingdom, British investors signalled their intention to invest in Guyana’s oil and gas sector. Late April, First Vice President and Minister of Foreign Affairs, Carl Greenidge accompanied Guyana's...

Latest News

Nothing in the world more exciting to work on than Guyana’s projects – Exxon Upstream President

President of ExxonMobil Upstream Company, Liam Mallon, speaking at an event at State House in Georgetown on Thursday, said...