News

In a significant show of solidarity, the Commonwealth Ministerial Group on Guyana met in New York on September 17, 2023, to address the ongoing territorial dispute between Guyana and Venezuela. Convened by the Commonwealth Secretary-General, Patricia Scotland KC, the...

Rystad Energy’s Managing Director for Latin America, Schreiner Parker believes Venezuela’s recent grandstanding will have no effect on confidence in Guyana’s bid round. The analyst is the latest to add his voice to the Bolivarian Republic’s aggressive posture to...

Noble has secured a contract with Total Austral, a subsidiary of TotalEnergies, to redeploy the harsh-environment jackup rig Noble Regina Allen for the drilling of three horizontal wells at the Fénix project in southern Argentina.  The contract is expected to...

In a display of solidarity, the Caribbean Community (CARICOM) has issued a strong defense of the sovereignty of the Cooperative Republic of Guyana, taking aim at recent provocations from the Bolivarian Republic of Venezuela. Venezuela, over the past week,...

TechnipFMC's Brazil location delivered its 100th subsea tree system for offshore projects in Guyana's Stabroek Block. This latest milestone points to the company's commitment to client success and its contribution to the development of Guyana's oil sector. “Achieving together is...

The National Gas Company of Trinidad and Tobago Limited (NGC) and Shell Trinidad and Tobago Limited (Shell) have officially inked an amended Domestic Gas Sales Contract (DGSC) that includes a share of natural gas volumes from the Shell-operated Manatee...

Following a recent controversy surrounding an audit of Exxon’s expenses, ExxonMobil Guyana has issued a statement affirming its cooperation with the process. The company noted that it has provided the required responses and documents to address the points highlighted...

Venezuela’s recent remarks and threats over Guyana’s offshore bid round will have no impact on its conclusion said the country's Vice President, Dr. Bharrat Jagdeo.  “They have done so for every major event when we have tried to utilise...

Guyana's Vice President, Dr. Bharrat Jagdeo, stated unequivocally that the government does not condone rogue behaviour, stating, “There's no room for maverick action here in this government.”  The statement came as he addressed concerns about the Petroleum Unit of the...

In a recent Expression of Interest (EOI), Halliburton Guyana Inc., a key contractor for ExxonMobil Guyana, has announced its quest for suitable firms to provide real estate services.  The scope of this endeavour is for the construction of new office...