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Monthly Archives: September 2019

TMC to supply marine compressed air system for Liza Unity FPSO

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO. Under the...

Canje Block explorers targeting two wildcats in 2020

Explorers on the Canje Block offshore Guyana are targeting two prospects for drill campaigns in 2020 according to co-venturer Total. The Bulletwood and Jabillo wells,...

SBM to bid for interest in five Brazilian FPSOs

Dutch floater specialist SBM Offshore said on Monday it intends to bid for the interests held by Brazil's Servicos de Petroleo Constellation in five...

O&G pushing poultry demand in Guyana

As momentum picks up in Guyana’s emerging oil and gas industry, the demand for various goods and services is steadily rising. One of the...

Search for Bourbon supply vessel continues; capsized rescue craft spotted

The search for tug supply vessel Bourbon Rhode continues with the full support of Cross AG (Regional Operational Center of Surveillance and Rescue) and...

Guyana must prepare for tectonic shift in development trajectory

Billions of dollars in oil revenue and a plethora of new opportunities could potentially transform one of South America’s smallest nations into a regional...

Oil & public investments for Guyana’s overall development – not direct “citizen share”

Oil earnings for an emerging economy such as Guyana should be turned into public investments rather than into increased private consumption. Most poor countries...

Bourbon supply vessel en route to Guyana sinks; 3 crew members rescued

Following search operations of tug supply vessel Bourbon Rhode which started on September 26, the mobilized rescue teams have recovered a lifeboat with 3...

SBM Offshore begins construction of Guyana’s 2nd floating oil production complex

Dutch firm SBM Offshore has commenced the construction phase of the Liza Unity floating production, storage and offloading vessel (FPSO) following ExxonMobil’s final investment...

O&G opportunities will ‘pale into insignificance’ if Guyanese fail to unite – Energy Director

The billions of dollars from oil production and multitude of opportunities opening up to the South American country of Guyana “will pale into insignificance”...