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Gas-to-Energy: GAICO completes materials offloading facility, forges ahead with pipeline work

OilNOW -
GAICO Construction and General Services Inc. announced that it completed the materials offloading facility (MOF) for the Gas-to-Energy project and is currently undertaking the laying of 26 kilometers of onshore pipelines.  “As a local company we are excited about this...
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ExxonMobil Guyana seeks suppliers for architectural and engineering support in Berbice

OilNOW -
ExxonMobil Guyana Limited (EMGL) is actively pursuing partnerships for architectural and engineering support services to bolster future construction endeavors within the Port Mourant, Berbice area. The company aims to identify suppliers capable of facilitating upcoming projects in the region. Currently,...
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Trinidad, Venezuela, Shell sign Dragon gas license 

OilNOW -
President of PDVSA and Minister of Petroleum for Venezuela, Rafael Tellechea, said the company, as well as Shell and the National Gas Company of Trinidad and Tobago, signed a license for the development of the Dragon gas field, in...
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Guyana oil production hits 500,000 bpd as Payara ramp-up outpaces previous projects  

Kemol King -
Oil production in Guyana hit the half a million barrels per day milestone at the close of November with the addition of the Prosperity floating production, storage and offloading (FPSO) vessel at the ExxonMobil-operated Stabroek Block. This is according to...
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Putin says Guyana, Venezuela should settle ‘dispute’ through ‘political, diplomatic’ means

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In a recent telephone conversation with Venezuelan President Nicolas Maduro, Russian President Vladimir Putin advocated for “a settlement of the territorial dispute between Venezuela and Guyana through political and diplomatic means.” The discussion, held on December 21, 2023, touched...
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DOF secures major decommissioning contracts totaling US$30 million

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DOF Subsea has recently clinched two significant decommissioning contracts.  The first project involves an exclusive purchase and removal deal (EPRD) for a North Sea operator, encompassing a comprehensive scope of services. DOF will spearhead project management, engineering, logistics, and execution...
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Major wells to be targeted in Guyana, Suriname and Jamaica next year – S&P Global 

OilNOW -
The global landscape for high-impact wells (HIWs) in 2024 is poised for significant activity, with a predominant focus on the Caribbean, Latin America and Africa, according to a new S&P Global Commodity Insights report. This follows a successful 2023,...
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Exxon seeking multiple warehouse facilities in Guyana

OilNOW -
ExxonMobil Guyana Limited (EMGL) is actively searching for warehouse facilities in strategic locations across Guyana to improve its operational capacity and logistics network.  The company has identified various areas, including: Georgetown: EMGL views the capital as vital for its logistical operations...
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TotalEnergies’ expansion bolsters Suriname’s offshore oil prospects

OilNOW -
TotalEnergies' concerted efforts in expanding its portfolio in Suriname's offshore basin, notably with the recent signing of a production sharing contract for Block 64 alongside QatarEnergy and Petronas, hold significant promise for the country's offshore oil production landscape. Block 64,...
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Iran-style sanctions will befall Venezuela if Maduro makes catastrophic mistake with Guyana – fmr U.S. energy envoy

OilNOW -
David Goldwyn, President of Goldwyn Global Strategies LLC, and former US State Department’s special envoy and coordinator for international energy affairs, recently delved into the implications of Venezuela's heightened claim on Guyana's Essequibo region and its impact on U.S....
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Letter-to-the-Editor: Guyana’s oil and gas sector is experiencing responsible growth

Dear Editor, I am constantly engaged with reports across a range of industries—none more prominent in recent years than the...

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