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Subsea7 awarded major contract amendment for Petrobras’ Mero 4 field development 

Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field, located approximately 200 kilometers off the coast of the state of Rio de Janeiro, Brazil. The field is situated...

Guyana seeks ICJ intervention to block controversial Venezuela referendum on Essequibo

Guyana has turned to the International Court of Justice (ICJ) to block Venezuela’s December 3 referendum which seeks to garner support for the annexation of the Essequibo region - approximately two-thirds of Guyana’s territory.  The official request was filed on...

Energy expert says Guyana’s strategies for managing oil wealth are first rate

David Goldwyn, an energy expert with experience in the U.S. State Department and specialized work in extractive industry transparency, recently expressed high regard for the strategies Guyana has in place to manage its emerging oil wealth.  Speaking at a press...

Exxon targeting three wildcats in search of “anchor prospects” to underpin new developments

ExxonMobil aims to churn out even more discoveries in Guyana’s Stabroek block with three wildcats planned for the new year, said its senior vice president, Neil Chapman, on October 27.  Exxon has already racked up a resource count of over...

DNV qualifies SBM Offshore’s carbon capture technology for FPSOs

Classification society DNV, serving as a third party, has granted a statement of qualified technology to SBM Offshore in partnership with Mitsubishi Heavy Industries (MHI) for their innovative carbon capture plant, designed for deployment on SBM Offshore's EmissionZERO® floating...

Guyana invites consultations on gas monetization strategy

The Guyana government has announced the initiation of a public consultation for Guyana's gas monetization strategy. A release from the Ministry of Natural Resources (MNR) said the strategy aims to serve as a "pivotal roadmap for managing the nation's...

SBM Offshore Guyana awards scholarships to indigenous women pursuing STEM degrees

In a ceremony held on October 19, SBM Offshore Guyana announced the recipients of their Scholarship Programme for Indigenous Women in Science, Technology, Engineering, and Mathematics (STEM). Kimberly Kenyon and Graziella Abraham have been awarded full scholarships to pursue...

CGX, Frontera and the Corentyne block: What to look out for

CGX Energy and Frontera Energy are expected to report to the market soon about their plans for the Corentyne block offshore Guyana. Frontera’s earnings report for the third quarter is expected on November 9, and CGX’s usually falls in...

Exxon seeking oceanology, meteorology consulting services for Stabroek block operations

ExxonMobil Guyana Limited (EMGL) is actively searching for meteorology and oceanography consulting services for its Stabroek Block operations in Guyana. Stabroek Block supplied 12 million crude barrels to market in July | OilNOW  In a public Request for Information (RFI),...

Guyana-Venezuela land boundary was settled 124 years ago

Historical Context The 1899 Arbitral Award, which definitively settled the land boundary between Guyana and Venezuela, was the result of a legitimate process that was set in train in 1897. Prior to 1897, the boundary between British Guiana and Venezuela...

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Capping stack now just weeks away from arriving in Guyana – Exxon 

The arrival of a capping stack in Guyana is imminent, ExxonMobil Guyana President, Alistair Routledge said. The government mandated...