News

Oil pushing big demand for data, connectivity services in Guyana

Since the discovery of oil, Guyana has undergone sector-wide changes including the digital transformation of the small South American country. That change requires innovative technology solutions whether it be onshore or offshore and to meet these needs, local telecommunications companies...

Major Canadian trade mission to Guyana on, next week

Guyana’s oil bonanza and the massive growth potential in its traditional industries are expected to capture the attention of a Canadian Energy NL trade delegation visiting next the South American country week. Energy NL is Newfoundland and Labrador’s largest energy...

Petrobras sells stake in Buzios Field to CNOOC for US$1.9 billion

Petrobras copped a US$1.9 billion (R$10.3 billion) payment after selling a 5% stake of the Buzios Field, in the pre-salt of the Santos Basin to China’s CNOOC Petroleum. The amount already includes the adjustments provided for in the contract, after...

BP Oil wins one-year contract to market Guyana’s Liza crude

The United Kingdom’s BP Oil International Limited beat 13 competitors to win a one-year contract for the marketing of Guyana’s share of profit oil from the Liza Destiny and Liza Unity floating production, storage and offloading (FPSO) vessels. The marketing tender was...

O&G training institute now offering Tropical BOSIET/HUET/FOET courses in Guyana

With new OPITO certification, 3t EnerMech’s Training Centre of Excellence at Lusignan, East Coast Demerara can now offer new courses catering to oil and gas training in tropical conditions. OPITO is a global, not-for-profit, skills body for the energy industry....

Oil market hungry for Guyana acreage as global energy security concerns escalate – Westmount Energy Chair

Faced with the economic effects of the COVID-19 pandemic as well as the Russia-Ukraine war, energy security and affordability have now become key considerations for governments and policymakers. It is on this premise that Gerard Walsh, Chairman of Westmount...

Oil will be used to uproot historic impediments to broad-based economic growth – Guyana Finance Minister

In an effort to set the stage for a diversified economy with competitive industries, Guyana’s Senior Finance Minister, Dr. Ashni Singh, said the government will use a portion of the oil wealth to uproot historic impediments to broad-based economic growth. Specifically,...

‘Safety culture changing in Guyana’ – 30 more businesses graduate Centre’s HSSE program

The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday. It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...

Keppel delivers first of three jackup rigs to ADNOC Drilling

Keppel Offshore & Marine Ltd (Keppel O&M), said Thursday it has delivered the first of three jackup rigs to ADNOC Drilling Company PJSC (ADNOC Drilling). The three rigs were part of a series of five rigs that Keppel FELS had...

Guyana in driver’s seat on energy issues regionally, globally – ExxonMobil Guyana President

ExxonMobil Guyana President, Alistair Routledge, explained recently that Guyana’s place in the global energy arena carries immense significance. He made the comment as he announced that Exxon is once again a lead sponsor of the International Energy Conference and...

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From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics...