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Saipem manufactures first subsea structure of its kind in Guyana for Exxon’s Uaru project

Italian oilfield services company Saipem announced that it has completed the first complex subsea structure ever built in Guyana, describing it as a milestone for the country’s local content initiative. The Pipeline End Termination (PLET), manufactured at the Vreed-en-Hoop Shorebase,...

Letter-to-the-Editor: A new era for Guyana’s oil industry

Dear Editor,  Not long ago, a friend told me how proud she felt pulling on her coveralls for her first offshore rotation. She laughed and said, “Who would’ve thought I’d end up on a rig?” For years, oil and gas...

Exxon’s Yellowtail oil project in Guyana to hit full 250,000 bpd in a month

ExxonMobil’s Yellowtail oil project offshore Guyana will ramp up to its full production capacity of 250,000 barrels of oil per day (b/d) in a month.  The company’s Guyana Production Manager Huzefa Ali made the announcement on Thursday during an Energy...

Warrau Booklet launch empowers Guyanese schools and preserves Indigenous language

The Guyana Marine Conservation Society (GMCS), in partnership with SBM Offshore Guyana, has launched a booklet featuring the culture and stories of the Warrau Indigenous people of Guyana.   The launch, held on September 29 at the National Center for...

Staatsolie CEO Jagesar: ‘Managing wealth is perhaps even more difficult than managing poverty’

PARAMARIBO, SURINAME – As Suriname prepares for first oil from Block 58 in 2028, Staatsolie CEO Annand Jagesar is urging discipline in how the windfall is managed, a point he emphasized in a September 24 interview with Het Financieele...

TotalEnergies trains Surinamese engineers for GranMorgu offshore operations

TotalEnergies Suriname has stepped up preparations for its GranMorgu project by hosting its second in-person technical training on floating production, storage and offloading (FPSO) process systems. Hércules Medeiros, Executive in Projects, Operations, and Asset Management at TotalEnergies, announced the update...

Suriname urged to focus on gradual workforce development in oil sector – Atlas Professional Director 

Suriname’s energy sector must align its local content ambitions with the country’s workforce capacity, advises Lourdes Landa Thierry, South America Business Director at Atlas Professionals.  “Local content should be something about developing the country. So it needs to be a...

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the industry to take a proactive approach to managing operations and become educated about those activities...

MODEC wins full scope for ExxonMobil’s Hammerhead FPSO in Guyana

Japan’s MODEC said on Tuesday it has been awarded the full engineering, procurement, construction and installation (EPCI) contract to deliver a floating production, storage and offloading (FPSO) vessel for ExxonMobil’s Hammerhead oil project offshore Guyana. The award, which follows a...

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services for offshore oil and gas production in Brazil. The award was won through an open...

Latest News

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s...