News

The jurisdiction of the International Court of Justice (ICJ) to preside over the Guyana-Venezuela border controversy case does not seem to matter to the Nicolas Maduro-led administration.  In fact, President Maduro himself told state press that “Venezuela has never recognized...

Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field, located approximately 200 kilometers off the coast of the state of Rio de Janeiro, Brazil. The field is situated...

Guyana has turned to the International Court of Justice (ICJ) to block Venezuela’s December 3 referendum which seeks to garner support for the annexation of the Essequibo region - approximately two-thirds of Guyana’s territory.  The official request was filed on...

David Goldwyn, an energy expert with experience in the U.S. State Department and specialized work in extractive industry transparency, recently expressed high regard for the strategies Guyana has in place to manage its emerging oil wealth.  Speaking at a press...

ExxonMobil aims to churn out even more discoveries in Guyana’s Stabroek block with three wildcats planned for the new year, said its senior vice president, Neil Chapman, on October 27.  Exxon has already racked up a resource count of over...

Classification society DNV, serving as a third party, has granted a statement of qualified technology to SBM Offshore in partnership with Mitsubishi Heavy Industries (MHI) for their innovative carbon capture plant, designed for deployment on SBM Offshore's EmissionZERO® floating...

The Guyana government has announced the initiation of a public consultation for Guyana's gas monetization strategy. A release from the Ministry of Natural Resources (MNR) said the strategy aims to serve as a "pivotal roadmap for managing the nation's...

In a ceremony held on October 19, SBM Offshore Guyana announced the recipients of their Scholarship Programme for Indigenous Women in Science, Technology, Engineering, and Mathematics (STEM). Kimberly Kenyon and Graziella Abraham have been awarded full scholarships to pursue...

CGX Energy and Frontera Energy are expected to report to the market soon about their plans for the Corentyne block offshore Guyana. Frontera’s earnings report for the third quarter is expected on November 9, and CGX’s usually falls in...

ExxonMobil Guyana Limited (EMGL) is actively searching for meteorology and oceanography consulting services for its Stabroek Block operations in Guyana. Stabroek Block supplied 12 million crude barrels to market in July | OilNOW  In a public Request for Information (RFI),...