Guyana Oil and Gas News

Alert police and prison officials thwarted what appeared to have been a plot to smuggle contraband items, including cannabis and phones, into the Lusignan Prison early yesterday morning.

Oil and gas support company, Ramps Logistics says it is committed to Guyana’s local content development which has already shown rewards with 100 persons working offshore.

It will be about six more months until the annex for the National Oil Spill Contingency Plan is completed, Captain John Flores, Director of Maritime Safety has said, while noting that more stakeholder consultation meetings are needed.

Roraima Airways has partnered with aerospace and defence company, PAL aerospace to provide surveillance services to the oil and gas sector in Guyana.

Having long established itself as a significant contributor to tertiary education in Guyana, the Critchlow Labour College is seeking to embrace the demand for training in the various disciplines associated with the country’s emerging oil and gas industry to rebuild its reputation as a major contributor to education delivery in Guyana.

Introduction This column turns attention to the Environment Impact Assessment (EIA) for the Liza Phase 1 Develop-ment Project done by Environmental Resources Management (ERM) an external consultancy firm which describes itself as is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services.

Shipping company, John Fernandes Limited (JFL) is stepping up preparations for a multi-million US$,  shore-based support contract with Saipem,  a  key contractor for ExxonMobil.

Introduction Today’s column starts with a wrap-up of my response to the letter sent to Stabroek News by the author of Open Oil’s financial modeling exercise of Guyana’s 2016 PSA.

Rystad is forecasting that Guyana’s 600,000 barrels per day (bpd) in production in the next decade will earn the country revenue of US$15 billion annually from oil and gas.

Last week’s delivery of a two-day preliminary course in oil and gas at the Critchlow Labour College marks the inaugural initiative of the Critchlow Labour College in pursuit of the establishment of a Critchlow Centre for Oil and Gas, according to the Secretary to the College’s Board of Directors Lincoln Lewis.  

Introduction For a country that will soon become petroleum dependent, Guyana’s petroleum legislation is not particularly expansive.

RIO DE JANEIRO/SAO PAULO,  (Reuters) – A 72-hour strike by Brazilian oil workers halted refineries and rigs yestreday, union leaders said, a new blow to President Michel Temer on the heels of a trucker protest that has strangled Latin America’s largest economy for over a week.

Twenty-two students graduated yesterday from the inaugural TOTALTEC Academy Oilfield Safety and Operator Training and Development Programme and they were lauded for their outstanding performance and for setting a high bar for their successors.

On Thursday and Friday of last week the Critchlow Labour College in collaboration with Kaizen Environmental Services, a Trinidad and Tobago company whose profile credits it with providing services that “balance environmental sensitivity with economic concerns,” executed a two-day Course titled “Introduction To Oil and Gas” comprising twelve modules.

ST PETERSBURG/DUBAI,  (Reuters) – Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, weeks after U.S.

Responding to Open Oil Today’s column addresses the third part of my three-part evaluation of Open Oil’s financial modeling of Guyana’s 2016 PSA.

Guyana has struck oil but for the panelists at a discussion on Wednesday there is no reason to celebrate.

Twenty-five students drawn from five of the country’s administrative regions are participating in the first ever programme in oil and gas operations by the Guyana Trades Union Congress-administered Critchlow Labour College, which commenced at the College’s Woolford Avenue Complex yesterday. 

Introduction After the major financial issue last week, we return today to the mundane issue of the provisions on non-associated gas in the 2016 Agreement which the three oil companies signed in June 2016.

Dear Editor, I refer to the letter, `Why is Janki so opposed to the ExxonMobil deal?’