Featured

SLB and TotalEnergies in 10-year partnership for digital energy solutions

SLB and TotalEnergies have unveiled a 10-year partnership to co-develop scalable digital solutions aimed at enhancing energy resource access with improved performance and efficiency. This collaboration will address key challenges across the energy value chain, including carbon capture, utilization,...

“It’s not just about the revenues, it’s what we can do with the investment dollars” – Exxon VP on Guyana operations

Guyana's burgeoning role in the global oil industry is taking shape, with ExxonMobil's investments poised to transform the country's economic landscape, according to the company’s Vice President and Business Services Manager, Phillip Rietema. He made an appearance on the...

Guyana got US$246 million from oil sales in June

Guyana’s Natural Resource Fund (NRF) received US$246 million (GY$51.3 billion) in revenue from oil sales in June, government data shows. The funds were paid for three lifts of Guyana’s crude entitlement from the ExxonMobil-operated Stabroek Block.  The NRF received:  US$81.6 million (GY$17...

Driller with largest fleet in Guyana seeking vendors for trucking services

Noble Corporation is seeking detailed information from qualified vendors for trucking services in Guyana.  Noble Bob Douglas continues development drilling at Yellowtail site | OilNOW  The scope of services includes daily trucking tasks such as transporting offshore supply containers to and...

First batch of trainee technicians graduate from Guyana Technical Training College’s FacTor Unit

SBM Offshore Guyana’s trainee technicians have completed their training at the Facility Simulator (FacTor) Unit of the Guyana Technical Training College Incorporated (GTTCI). A small ceremony on July 5 at GTTCI in Port Mourant, Berbice, honored the trainees. The 24...

ExxonMobil seeks information on waste management services in Guyana

ExxonMobil Guyana Limited (EMGL) has issued a request for information (RFI) for Waste Management Services, focusing on waste oil, hazardous waste, and non-hazardous waste.  EMGL aims to evaluate the services and capabilities of potential suppliers to manage these waste types...

Petrobras and Brazil’s Cade amend natural gas and refining divestment deals

Petrobras has signed an agreement with Brazil’s antitrust authority Cade, amending its natural gas and refining divestment deals. These deals, originally inked in 2019 during Jair Bolsonaro's administration, aimed to reduce Petrobras' dominant market position. In a statement, Petrobras affirmed...

Guyana may be willing to ease some ‘penalties’ in new oil contracts

As Guyana considers a second auction of offshore oil exploration licenses, the government may be open to easing some terms in its model petroleum contracts, to attract more investors.  During a Thursday press conference, Vice President Bharrat Jagdeo explained that...

Gas to Energy control center to monitor power outages in real-time

The Gas to Energy project in Guyana will feature a state-of-the-art control center in Eccles, East Bank Demerara, to improve nationwide power reliability. This center will employ real-time monitoring to identify and address power outages promptly. Vice President Bharrat Jagdeo...

SLB OneSubsea and TotalEnergies partner on major offshore Angola project

SLB has secured a contract from TotalEnergies for its OneSubsea™ joint venture to deliver a 13-well Subsea Production System for the Kaminho project, offshore Angola. The project will be developed in two phases for the Cameia and Golfinho discoveries,...

Latest News

Future oil growth likely centered in Guyana-Suriname, GlobalData finds

The oil and gas industry has long underpinned the global economy, with demand growing steadily except during the COVID-19...