News

Halliburton Company announced Thursday the implementation of the Halliburton Digital Well Program® and Digital Well Operation DecisionSpace® 365 cloud solutions as the foundation for PETRONAS enterprise digital Well Integrated Operation (WIO). The selection marks the culmination of a two-year technology assessment with multiple technology providers. Halliburton said...

Representatives of the government of Guyana on October 19 met with senior personnel from popular social media platform, Facebook, the state information arm said. The parties, in a virtual meeting, discussed the removal of illegal maps and false narratives...

Encompassing two offshore gas compression complexes in Qatar, Italian oilfield services company Saipem said on Wednesday it has been awarded the largest single offshore contract by total value in its history. The agreement was made with Qatargas for the North...

President of Guyana Dr. Mohamed Irfaan Ali said Tuesday that some of the country’s offshore oil blocks have been set aside for state partnerships. “We’re going to move to the auctioning of some blocks, and we have some blocks that...

El Dorado Offshore (EDO), a subsidiary of Ramps Logistics Guyana Inc, proudly informed industry stakeholders in a press release that it has created more than 400 job opportunities for citizens. The affiliate company sees this as a noteworthy feat considering that it...

When it comes to answering the question of a final investment decision on the TotalEnergies-operated Block 58, Suriname’s wait has been long. And the country will have to wait at least a few months more, until 2023, for the decision. This...

“It’s probably the best package we have ever seen in Trinidad.” Those were the comments from the Chief Executive Officer (CEO) and President of Trinidad’s Touchstone Exploration, Paul Baay as he signalled the company’s interest in grabbing up at least...

British High Commissioner to Guyana, Jane Miller, announced in Georgetown on Tuesday that the visa requirement for Guyanese to visit the United Kingdom has been lifted indefinitely. It allows a Guyanese visitor to stay in the UK for six months,...

Grand Canal Industrial Estates Inc. (GCIE), a wholly owned subsidiary of Canadian oil explorer CGX Energy Inc., said it has selected GAICO Construction and General Services Inc. to continue critical works on a portion of its Berbice Deep Water...

Guyana’s Central Bank disclosed on Monday that 65% of the US$607 million that was approved by the National Assembly to support the 2022 budget was transferred to the Consolidated Fund. The remainder – some US$207 million – is expected...