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In a move to bolster its presence in the burgeoning Guyanese energy sector, Baker Hughes, a prime contractor for ExxonMobil Guyana, is actively seeking locally owned, qualified, and registered companies to provide residential and apartment solutions in the South...

In a significant milestone for the local workforce, twenty-four talented Guyanese have successfully completed the first phase of SBM Offshore Guyana's Trainee Technician Programme in Advanced Skills Training in Petroleum Operations.  The participants are now one step closer to obtaining...

ExxonMobil Guyana’s next targeted development - Whiptail - is expected to cost US$12.933 billion (GY$2.690 trillion) according to the project's Environmental Impact Assessment (EIA). Exxon said it has not yet made a final investment decision (FID) on Whiptail and...

Frontera Energy Corporation recently revealed to its investors that it has sunk approximately US$440 million into Guyana. During its 2023 second-quarter earnings update, executives told shareholders that US$400 million pertains to two wells in the Corentyne Block while the...

Things cannot be business as usual in Trinidad and Tobago if the country wants its energy sector to mend, according to head of its Energy Chamber, Dr. Dax Driver.  In an August 21 column, Dr. Driver lamented that TT would...

MODEC, Inc. announced a significant milestone in its ongoing partnership with Petróleo Brasileiro S.A. (Petrobras) as the FPSO Anita Garibaldi MV33 successfully achieved first oil production on August 16, 2023. The vessel, now operational at the Marlim field in...

ExxonMobil’s Whiptail project is slated to target up to 72 wells to develop the fields. This was outlined in the Whiptail Environmental Impact Assessment (EIA) submitted to Guyana’s Environmental Protection Agency (EPA) for review and approval, on August 20.  “...EEPGL has...

Guyana Shorebase Inc. (GYSBI) is set to expand its capacity with the construction of a new operations center at its Houston/McDoom location along the East Bank Corridor. To bring this vision to life, the company is actively searching for...

Guyana has catapulted to the forefront of nations with the most robust economic growth rate over a span of five years, driven by its oil industry. This revelation comes from a recent assessment conducted by the hedge fund data...

While Guyana’s Petroleum Activities Bill 2023 vests significant powers of administration for the oil sector in its Natural Resources Minister, those duties would migrate to a Petroleum Commission at the appropriate time. This was recently underscored by the country’s...