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Monthly Archives: May 2019

Former Guyana President says no illegality surrounds award of oil blocks; calls probe ‘political...

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Guyana’s former President, Donald Ramotar, who held direct responsibility for petroleum at the time offshore oil blocks, which are currently the subject of an...

US Gulf of Mexico oil production on track to set new records

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Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy. Thanks to...

Energy department says oil benefits for Guyanese is top priority

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Guyana’s Department of Energy (DE) says it stands firmly by the deadline of June 2019 for the finalization of a local content policy framework,...

Brazil’s subsalt frontier sets output records in April

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(S&P Global Platts) Brazilian state-led oil and natural gas producer Petrobras set fresh daily and monthly records for output from ultra-deepwater fields in the...

Fugro acquires vessel for hydrographic surveys in Guyana

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Dutch engineering firm Fugro, which has partnered with Guyanese firm Ground Structures Engineering Consultants Inc., has purchased a new vessel which they will use...

Trinidad and Tobago inks new LNG deal with Shell

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(CMC) — The Government of Trinidad and Tobago on Wednesday signed a new energy agreement with Shell at the energy company's headquarters in Netherlands. Prime...

SARA ‘shooting in the dark’ with oil blocks probe – Chamber

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One of the lead groups representing businesses in the South American country of Guyana says while it stands firmly by the rule of law,...

Chamber frustrated with continued absence of functional local content framework in Guyana

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Business representatives who recently returned to Guyana after a successful foray at the Offshore Technology conference in Houston, Texas, are expressing frustration and deep...

Six females among new batch for Guyana offshore training

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12 Guyanese will begin their careers in the oil and gas sector on June 3. The batch will receive training as Rig Clerks and...

Guyana, Permian production set to play key role in ExxonMobil mega growth plans

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US oil major ExxonMobil on Wednesday announced plans to significantly increase its earnings and cash flow generation by 2025 as it not only focuses...