The latest Offshore Rig Market Snapshot from Evercore ISI - a US-based economic research firm - notes a positive uptick in deepwater drilling rig contracting activity this year driven by recently sanctioned projects.
Guyana’s fifth development - Uaru is on...
Guyana's Environmental Protection Agency (EPA) has released the final terms of reference (TORs) for the Environmental Impact Assessment (EIA) which is to be conducted for ExxonMobil's sixth project offshore the South American country.
Prepared by the Agency and London-based...
Modern American Recycling Services Europe, A/S (MARS) said it was awarded a major EU Green Recycling contract for the retirement of SBM Offshore’s Capixaba floating production, storage and offloading (FPSO) vessel.
The contract includes engineering, preparation, dismantling and green recycling...
ExxonMobil Guyana said on Thursday that it supports the appeal made by the Environmental Protection Agency (EPA) of Guyana, of a High Court judgment requiring it to provide an ‘unlimited’ parent and/or affiliate guarantee. The undertaking would be tapped...
By Terrence Blackman, Ph. D. & Utamu Bell
Guyana's oil and gas industry is rapidly growing, and with it comes an opportunity to empower the country's youth, particularly the marginalised, to actively participate in its economy.
During the most recent "Transforming...
The recent ruling handed down by a Guyana Court Judge regarding ExxonMobil Guyana's insurance obligations for its operations offshore the South American country is engaging the attention of a number of stakeholders and experts in the oil and gas...
Guyana's Attorney General, Anil Nandlall, recently announced the initiation of a comprehensive review of the local content framework. This move comes, he said, amid complaints that some locals are still being disenfranchised.
The AG made the disclosure on his show...
Guyana’s Ministry of Education has been awarded a US$5M grant from the Global Partnership for Education (GPE) to boost its human capital development efforts. The Inter-American Development Bank (IDB) is the designated manager for the disbursements which will occur...
Petrobras said it found hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 kilometres (km) from the city of Santos, São Paulo, at a water depth of 1,979 metres.
The...
Big names in the global oil and gas industry Guyana and Qatar have forged closer ties with the establishment of an embassy in the nation’s capital city Doha. Inaugurated on May 16, Guyana's President Dr. Mohamed Irfaan Ali told...
