Featured

The Government of Guyana plans to pursue more opportunities for local workers and businesses as offshore oil production moves toward one million barrels per day. Minister of Natural Resources Vickram Bharrat made the commitment on August 21 following the arrival...

Approximately 900 direct operational jobs and between 1,500 and 2,000 construction roles could be created if the OMAI Gold Project is developed as projected. The project is being advanced by Omai Gold Mines Corp. through its Guyanese subsidiary, Avalon Gold...

Chevron has made an oil and gas condensate discovery at an exploration well offshore Angola, where drilling encountered a hydrocarbon column of more than 600 meters (2,000 feet). The discovery was confirmed on August 17 by Chevron subsidiary Cabinda Gulf...

The Guyana Development Bank is taking shape, with President Irfaan Ali saying the government is now putting together the bank’s board and wider structure. Ali said on August 18 that the government hopes to operationalize the institution within the coming...

Petrobras has made its first hydrocarbon discovery off the coast of Amapá, confirming the presence of hydrocarbons in an exploration well in the Foz do Amazonas Basin on Brazil’s Equatorial Margin. In a statement issued on August 14, the Brazilian...

The Errea Wittu floating production, storage and offloading vessel was positioned off Guyana’s coast on August 19, VesselFinder data showed. The automatic identification system data listed Georgetown, Guyana, as the vessel’s destination. It was traveling at 7.4 knots, with...

SLB has introduced a seismic interpretation technology designed to help oil and gas companies obtain reservoir rock and fluid information earlier in the exploration and development process. The QI-FWI™ quantitative interpretation full-waveform inversion solution generates key reservoir properties directly from...

MODEC is looking for companies in Guyana to provide laboratory equipment calibration and preventive maintenance services aboard the Errea Wittu floating production, storage and offloading (FPSO) vessel, which is expected to arrive in the country this week ahead of...

Bobby Gossai Jnr., Senior Petroleum Coordinator at the Ministry of Natural Resources, says Guyana’s local content policy must go beyond jobs and contracts by ensuring foreign expertise is transferred to local companies and workers.  Speaking on the August 17 edition...

Young Guyanese participating in the government’s Youth in Natural Resources Apprenticeship program gained firsthand exposure to the country’s oil and gas infrastructure through a visit to the Gas-to-Energy (GtE) project site at Wales, on the West Bank of Demerara.  In...