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Halliburton seeks contractors for wastewater treatment plant in Guyana

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the construction of a wastewater treatment plant. This global energy service provider, established in 1919, is seeking contractors for a comprehensive project to enhance its operations in Guyana. Halliburton...

Over US$800 million in oil revenue plugged into Guyana’s development agenda so far this year

The Government of Guyana has withdrawn US$850 million from its Natural Resource Fund (NRF) so far for 2024 to support its development agenda for the South American country. This is equivalent to approximately GY$177 billion. The NRF holds Guyana’s...

First pipe for Uaru development delivered to VEHSI base – Exxon official 

Exxon’s fifth Guyana development - Uaru - continues to progress with the first pipe being delivered to the Vreed-en-Hoop Shore Base (VEHSI).  ExxonMobil Guyana’s Global Projects Cost Engineering Manager, Rebecca Cvikota shared this detail during the first round of public...

Can Guyana’s economic boom reverse record migration? Only time will tell

Oil, the earth’s black gold, lies deep beneath waters in Guyana’s exclusive economic zone and has been propelling the South American country to new heights. Opportunities are boundless but a major problem exists - labor. And Guyana needs lots...

Offshore O&G sector poised for US$35 billion EPC surge this year 

Westwood Global Energy Group forecasts an additional US$35 billion in offshore oil and gas (O&G) related engineering, procurement, and construction (EPC) spending for the remainder of 2024. This will be driven by approximately 125 subsea tree unit awards, 2,230...

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...

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The Gas-to-Energy project could make electric vehicles more attractive in Guyana

What if the cost of powering your vehicle suddenly fell by half? That is the promise of Guyana's Gas-to-Energy (GtE)...