Featured

US$700 million annually needed to fund biodiversity. Here’s how Guyana plans to help with a global alliance

Let’s face it, climate change is here, and its impacts are glaring. The world no longer needs planning; it demands real action and tangible results. That is what is expected to come out of the Global Biodiversity Alliance Summit,...

Guyana’s deepwater port project enters feasibility stage with Bechtel at the helm – Ali

President Dr. Irfaan Ali has revealed that a comprehensive feasibility study for the Berbice Deepwater Port is currently underway. Led by global engineering giant Bechtel, the project has full support of the government and key energy stakeholders. Addressing the Shipping...

Key facts about Chevron, the latest oil heavyweight in Guyana’s Stabroek Block 

Chevron Corporation has officially stepped into Guyana’s energy landscape through its recent acquisition of Hess Corporation, one of the original stakeholders in the Stabroek Block. This is Chevron’s formal entry into one of the world’s fastest-growing oil frontiers. The company,...

Tenaris secures key contracts for Suriname’s first offshore oil project

TotalEnergies has awarded Tenaris a contract to supply casing, tubing, and Rig Direct® services for the GranMorgu project, Suriname’s first major offshore oil development. Tenaris said it will supply around 47,000 tons of casing and tubing featuring TenarisHydril Blue® and...

Four of the top oil and gas companies operating in Guyana 

Guyana, among the few super basins left in the world, has attracted the presence of four of the largest movers and shakers in the global energy arena: ExxonMobil, TotalEnergies, CNOOC and now Chevron.  Guyana’s oil production journey began with ExxonMobil...

Welligence says Chevron must tread carefully operating in Guyana because of border controversy 

Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30% stake in Guyana’s Stabroek Block, to act with caution amid the ongoing border controversy with Venezuela. The Stabroek Block operated by...

Errea Wittu to be ‘largest FPSO in Guyana’ fleet – Routledge 

The Errea Wittu floating production, storage, and offloading vessel (FPSO) is expected to be the largest unit in ExxonMobil’s offshore Guyana fleet. This was shared by Country President Alistair Routledge during a recent MODEC event. MODEC is currently constructing the...

MODEC to introduce new offshore training programme in Guyana 

MODEC is expected to unveil a new training programme to bolster Guyana’s existing offshore capabilities, Country Manager Rafeal Fumis announced at the recent launch of MODEC’s permanent Guyana office.  “Our voyage is far from over. We are preparing to launch...

Letter-to-the-Editor: OSH Centre of Excellence is a step in the right direction

Dear Editor,  As a recent graduate from the University of Guyana, with a great interest in technical education and awareness, I am pleased by the decision to establish an Occupational Safety and Health Centre of Excellence in New Amsterdam. This...

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with the critical requirements for a Petroleum Production Licence (PPL) – the Application and the accompanying...

Latest News

Guyana drilling surges as ExxonMobil and Halliburton deliver first fully automated closed-loop well placement

Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies...