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Shell, NGC sign amended sales contract for Manatee field development

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...

Exxon says has responded to draft audit report, awaits word from Guyana gov’t

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...

Guyana not shutting down bid round; “This is our sovereign territory” says Vice President

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...

No room for maverick action in this government, says Jagdeo about Exxon audit controversy

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...

Halliburton Guyana seeks real estate services for expansion of operations

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...

Equinor advances gas field development in Brazil’s Campos Basin

Norwegian oil and gas company Equinor, in partnership with Repsol Sinopec Brasil and Petrobras, has submitted declarations of commerciality and plans of development for two substantial fields in the BM-C-33 concession in the Campos Basin, offshore Brazil. Equinor is the...

Maduro announces signed deal for Dragon Gas development with Trinidad

Venezuelan President Nicolas Maduro posted on X, formerly Twitter, that his government has closed the deal with Trinidad and Tobago to see the development of the Dragon Gas field that straddles both nations.  In a statement issued by the Venezuelan...

Bids invited for Guyana’s oil marketing contract

Guyana’s Ministry of Natural Resources has invited bids for the provision of marketing services for the country’s oil entitlement from ExxonMobil’s Stabroek Block production. The contract is expected to be awarded late October to early November. The notice said the...

More transparency needed in Guyana’s maiden bid round

“Quite successful” was the review given by Americas Market Intelligence (AMI) Energy Co-Director, Arthur Deakin, to the results of Guyana’s first licensing round. However, the analyst says more transparency is needed regarding details of the bids. The bids were...

First floating wind unit built by SBM Offshore installed for Provence Grand Large project

SBM Offshore, builder of Guyana's floating production, storage and offloading (FPSO) vessels, has made another achievement in its pursuit of cleaner, greener energy solutions, this time by harnessing the power of the ocean to generate wind energy. The company successfully...

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‘Lil Red Community Centre’ commissioned through partnership with Food for the Poor Inc. and SBM Offshore Guyana

Residents of Little Red Village on Guyana’s Essequibo Coast now have access to a new community hub following the...