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Voices from the DrillMAX: Guyanese talent is driving offshore operations

Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine - OilNOW’s sister agency - a spotlight was shone on a few of these hardworking...

Letter-to-the-Editor: I commend the Labour Ministry’s independent assessment of FPSOs

Dear Editor, I am pleased to acknowledge the strides made by local authorities in taking the lead in managing Guyana’s oil and gas sector. For some time now, the Ministry of Labour, through its Occupational Safety and Health Department, has...

With Chevron deal sealed, John Hess cleared for Board spot 

John Hess will now be able to sit on Chevron’s Board of Directors after the U.S. Federal Trade Commission (FTC) lifted its ban, just one day before the merger deal with Hess finally closed.  The FTC had concerns about Hess’s...

As Errea Wittu FPSO takes shape, MODEC deepens roots in Guyana with permanent office 

Mere days after the Errea Wittu FPSO arrived in Singapore for the next stage of construction, builder MODEC marked the opening of its permanent office in Guyana.   Errea Wittu is meant for Guyana's 5th oil development Uaru.  Guyana issues Uaru production...

Chevron secures prized stake in Guyana oil block with arbitration win against Exxon

Chevron has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalize its US$53 billion acquisition of Hess Corporation and secure a 30% stake in Guyana’s Stabroek Block, a prized asset that has won global attention in...

Suriname stands at turning point with new President, oil promise

PARIMARIBO-SURINAME: Nestled on South America’s northern coast, Suriname is now at the threshold of profound change.  On Wednesday, amid a fragile six-party coalition, Jennifer Geerlings-Simons was inaugurated as the country’s first female president. From her first address, President Geerlings-Simons carried...

Staatsolie Chief warns of ‘Dutch disease’ as Suriname’s oil ambitions grow

Staatsolie’s Managing Director, Annand Jagesar, says Suriname must act carefully to avoid the economic risks that come with oil wealth. “You can only mitigate the resource curse. You cannot completely eradicate it,” Jagesar warned during a side interview at the...

One well to go in Stena Carron’s Stabroek Block drill campaign

The Stena Carron drillship is nearing the end of its current campaign offshore Guyana, with one managed pressure drilling (MPD) well remaining. The vessel recently began operations at the Hamlet-1 exploration well in the southeastern section of the Stabroek Block....

TEDxTurkeyen conference to spark bold civic dialogue this August

A “space for fresh ideas, civic reflection, and visionary thinking”, TEDxTurkeyen is set to debut on August 29 at the George Walcott Lecture Theatre, University of Guyana. The event will follow the theme ‘Bold Voices, New Visions: Shaping Guyana’s Tomorrow’....

PPP/C outlines Energy Priorities: Gas-to-Energy, Local Content, post-oil planning

Maintaining Guyana’s “favorable” fiscal regime with no increase in royalties and bringing the Gas-to-Energy project online are among the energy sector focus areas on the cards for a People’s Progressive Party/Civic second-term government.  The party held a consultation on its...

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Energy Chamber Head urges Guyanese youths to embrace long-term opportunities in oil sector 

President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, has called on Guyanese youth to embrace...