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Guyana’s largest shore base, sister company receive approval for Local Content Master Plans

The largest shore base in South America’s newest oil and gas hotspot, Guyana Shore Base Inc. (GYSBI), and its sister company, Sustainable Environmental Solutions (SES), on October 19 had their Local Content Master Plans approved by the Ministry of...

New local catering consortium to get tax waivers for Guyana oil sector market

Guyana’s government is working to see major local caterers tap into the multi-million-dollar catering industry for the nation's petroleum sector. To achieve this, the Minister of Natural Resources Vickram Bharrat; Director of the Local Content Secretariat Martin Pertab and other...

Exxon joins Guyana court case in defense of its Liza Phase 1 permit

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has been granted a court order to join proceedings in a suit brought to the Guyana Supreme Court that challenges the validity of its Liza Phase 1 environmental permit. Danuta Radzik, a local activist and...

PETRONAS implements Halliburton’s well construction technology

Halliburton Company announced Thursday the implementation of the Halliburton Digital Well Program® and Digital Well Operation DecisionSpace® 365 cloud solutions as the foundation for PETRONAS enterprise digital Well Integrated Operation (WIO). The selection marks the culmination of a two-year technology assessment with multiple technology providers. Halliburton said...

Guyana engaging Facebook for removal of false maps, information about its border with Venezuela

Representatives of the government of Guyana on October 19 met with senior personnel from popular social media platform, Facebook, the state information arm said. The parties, in a virtual meeting, discussed the removal of illegal maps and false narratives...

Saipem awarded largest single offshore contract in its history

Encompassing two offshore gas compression complexes in Qatar, Italian oilfield services company Saipem said on Wednesday it has been awarded the largest single offshore contract by total value in its history. The agreement was made with Qatargas for the North...

Some Guyana offshore blocks reserved for government-to-government partnerships – Ali

President of Guyana Dr. Mohamed Irfaan Ali said Tuesday that some of the country’s offshore oil blocks have been set aside for state partnerships. “We’re going to move to the auctioning of some blocks, and we have some blocks that...

Ramps Guyana subsidiary talks up achievements ahead of court hearing for Local Content Certificate

El Dorado Offshore (EDO), a subsidiary of Ramps Logistics Guyana Inc, proudly informed industry stakeholders in a press release that it has created more than 400 job opportunities for citizens. The affiliate company sees this as a noteworthy feat considering that it...

Delay in Suriname FID shows TotalEnergies hesitant to fully commit to country – AMI analyst

When it comes to answering the question of a final investment decision on the TotalEnergies-operated Block 58, Suriname’s wait has been long. And the country will have to wait at least a few months more, until 2023, for the decision. This...

Touchstone eyes three onshore blocks in T&T’s current bid round

“It’s probably the best package we have ever seen in Trinidad.” Those were the comments from the Chief Executive Officer (CEO) and President of Trinidad’s Touchstone Exploration, Paul Baay as he signalled the company’s interest in grabbing up at least...

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Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The...