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Monthly Archives: August 2019

Stabroek co-venturer CNOOC’s net profit surge at H1 2019

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In announcing its interim results for the six months ended June 30, 2019, CNOOC Limited said on Thursday in the first half of the...

Guyana Energy Director tours Stena Forth drillship

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Director of Energy, Dr. Mark Bynoe recently visited the Stena Forth drillship which is currently exploring for oil at the Orinduik block offshore Guyana,...

Guyana to set up Local Content Compliance Unit to validate information submitted by oil...

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The Guyana Government has announced plans for the imminent establishment of a Local Content Compliance Unit to validate information submitted by oil companies operating...

Guyana poised to be the ‘new Qatar’ – AMI Snr Director

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Guyana is the new Qatar, poised to become a ‘juggernaut’ in the global energy circle, given the discoveries of voluminous deposits of hydrocarbons offshore...

S-Cube algorithm helped Tullow strike oil at Guyana well

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(Offshore Energy) Tullow Oil has discovered oil at its Jethro-1 well in Guyana using the XWI algorithm developed by technology company S-Cube. The XWI algorithm...

Guyana’s 1st floating oil production complex arrives

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The 120,000 barrels per day Liza Destiny Floating Production Storage and Offloading (FPSO) vessel has sailed into Guyana waters where installation activities will soon...

Total, Qatar Petroleum ink asset transfer deals

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French oil major Total said Tuesday Qatar Petroleum is farming into its offshore acreage in Namibia, Kenya and Guyana, further strengthening their international partnership, Kallanish...

More than GY$29 billion spent on goods and services since 2015 from Exxon’s operations...

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Since 2015, ExxonMobil Guyana and its major contractors have expended more than $29 billion Guyana dollars on the procurement of goods and services ranging...

TechnipFMC’s 600th subsea tree arrives in Brazil for installation at Guyana’s Liza field

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UK based oil services company TechnipFMC recently celebrated the delivery of the company's 600th subsea tree in Brazil, which will be installed at ExxonMobil’s...

Positioning Guyanese to benefit from opportunities in oil and gas

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A consulting firm in Guyana is seeking to educate stakeholders on the various employment and business opportunities in the country’s emerging oil and gas...