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MODEC completes delivery of Errea Wittu topsides modules with zero carry-over work

OilNOW -
MODEC said it has successfully completed and delivered the Errea Wittu FPSO topsides modules at the BOMESC yard in Tianjin, China.  The company announced via LinkedIn on Thursday that the modules were delivered on or ahead of schedule, with all...
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Guyana to implement structured labor importation – Jagdeo

OilNOW -
Guyana will move from an ad hoc importation of foreign labor to a structured policy approach, with plans to table a draft Migration Policy in Parliament, Vice President Bharrat Jagdeo said on Thursday. The shift comes as the South American...
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Exxon’s production optimization added 130,000 b/d in new capacity offshore Guyana

OilNOW -
ExxonMobil has added a combined 130,000 barrels per day (b/d) of oil production capacity across its first three offshore oil projects in Guyana, solely through optimization activities, providing a significant boost that reflects the operator’s evolving efficiency in the...
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U.S. appears to ease up on Venezuela with Chevron license renewal

OilNOW -
The Trump administration has quietly renewed a license allowing U.S. oil giant Chevron to resume operations in Venezuela, signaling a shift in Washington’s hardline stance toward President Nicolás Maduro’s government, sources familiar with the matter reportedly told the Miami...
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Perenco now second largest oil & gas producer in Trinidad – Energy Chamber

OilNOW -
Perenco has become Trinidad and Tobago’s second-largest oil and gas producer, following a string of asset acquisitions that significantly expanded its share of national output, according to Q1 2025 production data reviewed by the Energy Chamber of Trinidad and...
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Modern Port Act, independent Port Authority on the cards for Guyana – President Ali 

OilNOW -
Guyana is set to introduce a Modern Port Act aimed at transforming its maritime legal framework to meet international standards and support the country’s fast-expanding logistics and trade ecosystem. This is according to Guyana’s President Irfaan Ali earlier this week,...
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Chevron to lay off about 575 Hess workers in Houston after buyout

OilNOW -
Chevron plans to lay off approximately 575 Houston-based employees on September 26, according to a Worker Adjustment and Retraining Notification (WARN) filed with the Texas Workforce Commission on Wednesday, the Houston Chronicle reported.  The affected employees are all from the...
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US$700 million annually needed to fund biodiversity. Here’s how Guyana plans to help with a global alliance

Shikema Dey -
Let’s face it, climate change is here, and its impacts are glaring. The world no longer needs planning; it demands real action and tangible results. That is what is expected to come out of the Global Biodiversity Alliance Summit,...
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Guyana’s deepwater port project enters feasibility stage with Bechtel at the helm – Ali

OilNOW -
President Dr. Irfaan Ali has revealed that a comprehensive feasibility study for the Berbice Deepwater Port is currently underway. Led by global engineering giant Bechtel, the project has full support of the government and key energy stakeholders. Addressing the Shipping...
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Key facts about Chevron, the latest oil heavyweight in Guyana’s Stabroek Block 

OilNOW -
Chevron Corporation has officially stepped into Guyana’s energy landscape through its recent acquisition of Hess Corporation, one of the original stakeholders in the Stabroek Block. This is Chevron’s formal entry into one of the world’s fastest-growing oil frontiers. The company,...
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MODEC completes delivery of Errea Wittu topsides modules with zero carry-over work

MODEC said it has successfully completed and delivered the Errea Wittu FPSO topsides modules at the BOMESC yard in...

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