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GYSBI handles arrival of ‘heaviest cargo’ for Gas-to-Energy project 

Last week, Guyana Shore Base Inc. (GYSBI) witnessed the arrival of 16 transformers and 244 accessories for the Gas-to-Energy (GTE) and Guyana Power and Light (GPL) Enhancement Projects, the company said.  The BBC Echo Vessel successfully berthed at the Muneshwers...

Guyana’s seventh deepwater project to create over 1,300 jobs

The proposed Hammerhead development is set to create up to 1,380 jobs, preliminary estimates from ExxonMobil indicate.  The jobs span four stages of the project.  A project summary filed with the Environmental Protection Agency (EPA) indicates that approximately 540 persons would...

ExxonMobil leads majors in reserve replacement – Westwood 

At the end of 2023, ExxonMobil reported booked reserves equivalent to more than 12 years of its production, according to a report from Westwood Global Energy Group.  In contrast, the combined proved reserves for five supermajors - bp, Shell, Chevron,...

QatarEnergy joins Chevron in Block 5 offshore Suriname

QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for Block 5 offshore Suriname. Chevron, the operator, will retain a 40% interest, while Paradise Oil Company, an affiliate of Suriname’s...

Ayodele Dalgety-Dean takes reins as Sispro’s new Chairwoman

Sispro Incorporated, a pioneering women-led indigenous energy company in Guyana, has appointed  Ayodele Dalgety-Dean as Chairwoman following its Annual General Meeting held on July 3, 2024. Dalgety-Dean is esteemed for her extensive background in social justice and dedication to...

TOTALTEC launches graduate engineer apprenticeship program in Guyana

TOTALTEC is seeking talented graduate engineers for its comprehensive 3-year apprenticeship program in Georgetown, Guyana. The company outlined that the program offers hands-on experience, multidisciplinary training, and a strong career foundation in the engineering industry. TOTALTEC teams up with Skills...

SLB eyes growth in Guyana, Brazil with deepwater opportunities

The development of new deepwater basins in Latin America and beyond presents significant growth opportunities for oilfield services giant SLB, according to Chief Executive Officer (CEO) Olivier Le Peuch. In a Friday conference call discussing the company's second-quarter earnings,...

DOF secures multiple contracts with Petrobras in Brazil

DOF has announced several new contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil. The AHTS Skandi Jupiter and Skandi Mercury, managed by DOF, have been contracted by Petrobras to operate as AHTS 230t BP. This...

The key legal instruments governing Guyana’s oil and gas industry

By Chevy Devonish In the first article of this column, I indicated the intention to map and distill the entirety of the legal framework directly (specifically governs oil and gas production and related activities) and indirectly (does not directly govern...

Bourbon Clear vessel in Guyana to support Yellowtail development operations 

Offshore marine services company – Bourbon Guyana Inc. – now has seven vessels supporting oil and gas operations offshore in the Stabroek Block.  “The Bourbon Clear joins our local Bourbon Guyana fleet, increasing the number to 7 OSVs operating...

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SBM Offshore gets front-end engineering contract for ExxonMobil’s Longtail FPSO

ExxonMobil Guyana awarded contracts to SBM Offshore to perform front end engineering and design (FEED) studies for the Longtail...