Guyana Moves Closer To 1 Million BPD
In its latest move offshore, ExxonMobil and its consortium partners have pushed Guyanese oil output to 770,000 barrels per day (bpd) following…
Category: OIL & GAS
Chevron making strides in Guyana-Suriname Basin
In a significant development for the Guyana-Suriname Basin, Chevron is poised to drill the Korikori-1 exploration well in Block 5, offshore Suriname…
ExxonMobil, TotalEnergies join push against EU sustainability law
Two of Guyana’s key oil partners, ExxonMobil and TotalEnergies, are among major global companies pushing back against a new European Union (EU)…
UK Firm Hunting Awarded US$20M Contract to Support Deepwater Drilling Off Guyana
UK-based energy services company Hunting PLC has begun delivering oil country tubular goods (OCTG) accessories to support deepwater oil drilling in Guyana,…
Berbice now home to first Advanced Oil and Gas Diploma programme
Berbice now has its own accredited Advanced Diploma in Oil and Gas programme, thanks to the establishment of the Guyana Technical Training…
Guyana oil now central to Chevron’s expansion after US$55B Hess takeover
Chevron’s acquisition of Hess Corporation earlier this year continues to place Guyana at the center of global oil discussions, with the U.S.…
Public Works Minister Urges TT Firms to Go Big in Guyana’s Boom
Trinidad and Tobago’s business community has been given a sharp wake-up call: Guyana is growing fast — and local firms risk being…
Parliamentary approval and independent oversight safeguard Guyana’s oil revenues—Minister Bharrat
Minister of Natural Resources Vickram Bharrat has underscored that Guyana’s oil revenues are insulated from misuse through stringent checks and balances embedded…
MODEC awarded contract for ExxonMobil’s Hammerhead FPSO
MODEC, Inc. has announced that it has been awarded the full Engineering, Procurement, Construction, and Installation (EPCI) scope to develop a Floating…
Ramotar urges CARICOM to form united front on oil and gas sector
Former President Donald Ramotar has called on CARICOM governments to use the region’s integration movement as a platform to secure better outcomes…