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Chinese shipyard Shanghai Waigaoqiao Shipbuilding (SWS) has launched the Jaguar Floating Production Storage and Offloading vessel (FPSO) being constructed for ExxonMobil’s Whiptail development.  SWS announced on Friday that the vessel, a Multipurpose Floater 5 (MPF5), was launched and is on track...

Goldman Sachs has appointed John Hess to its board of directors, as reported by the Financial Times. This announcement comes as Goldman Sachs advises Hess' company on its $53 billion acquisition by Chevron. Hess will leave his roles at Hess...

MODEC Guyana Inc. (MOG) has issued a Request for Information (RFI) for Floating, Production, Storage and Offloading vessel (FPSO) mooring hook-up services for the Uaru Project.  The project involves the Errea Wittu FPSO, which will be situated 190 kilometers from...

Dates have been set by the International Court of Justice (ICJ) for written second round pleadings by Guyana and Venezuela in the ongoing border case.  Per the ICJ’s order, Guyana has until December 9 this year to make submissions. Venezuela...

Guyana plans to advertise its need for a storage facility and a marketer for the Natural Gas Liquids (NGL) from its Gas-to-Energy project soon. “The government is working to have an NGL storage facility and marketer for the NGL to...

Guyana’s High Court ruled on June 24 that the State and ExxonMobil Guyana has a right to be party to legal proceedings that affect petroleum operations.  According to a release from the Attorney General’s office, which represented the State, the...

A former ExxonMobil official, Jesus Bronchalo, is the Founder and Chief Executive Officer (CEO) of Fulcrum LNG—a U.S. firm Guyana identified to partner with the government and ExxonMobil on a major natural gas development. Bronchalo announced his association with Fulcrum,...

The Kersten Group of Companies announced the official opening of the Kersten Training Academy, an OPITO-certified training center focused on the onshore and offshore oil and gas industry in Suriname.  Kersten said the academy offers high-quality, mandatory energy and industry-related...

Guyana’s President, Irfaan Ali, has expressed readiness to renew diplomatic engagements with Venezuela following the conclusion of its current election period.  During a June 20 press briefing, President Ali addressed the importance of peaceful dialogue and regional stability while also...

CGX Energy and its Corentyne Block partner, Frontera Energy, are on the brink of losing the Corentyne Block.  This would make CGX’s third loss of a Guyana block, following the relinquishment of the Demerara and Berbice Blocks in June 2022....