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Halliburton seeking contractor for provision of drilling chemicals 

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the provision of drilling chemicals.  According to the public EOI, the chemicals - calcium chloride, hydrated lime, soda ash and mono ethylene glycol - must comply with the “quality...

Yard Foremen, Mechanics, Project Managers, Software Developers to be hired at upcoming GYSBI job fair

Guyana Shore Base Inc. (GYSBI), in partnership with Muneshwers Limited and its Joint Venture partners, will host a comprehensive career fair on Saturday, August 24th, 2024, at the Everest Cricket Club, Camp Road, Georgetown, from 09:00 hrs to 16:00...

Guyana’s 2022, 2023 EITI reports to be ready months ahead of deadlines

Guyana is preparing to submit reports as part of its obligations to the Extractive Industries Transparency Initiative (EITI) in the coming months.  Minister of Natural Resources, Vickram Bharrat, explained during an August 14 press conference that the 2022 and 2023...

Petrobras boosts 2024 Capex to US$14.5 billion, focused on O&G expansion

Petrobras, Brazil's state-owned energy giant, has raised its capital expenditure (CAPEX) projection for 2024, reflecting increased investments in oil and gas exploration and production (E&P).  After reporting a US$6.4 billion capex in Q1 2024—12.5% higher than the previous year—Petrobras has...

Technicians, Engineers, Maritime positions “most difficult” roles to fill in O&G sector – Labor Assessment Study

Labor scarcity in Guyana’s market is a known issue, especially in the oil and gas sector.  Currently, technicians, engineers and maritime positions are the “most difficult” to fill, according to data from a 2023 labor assessment study. An excerpt was...

Guyana shortlists seven firms for offshore seismic study 

Guyana’s Ministry of Natural Resources has shortlisted seven companies for consideration to conduct a seismic study offshore.  Minister of Natural Resources, Vickram Bharrat, told reporters at an August 14 press conference that around eight companies submitted or expressed interest. "We...

Longtail could be Exxon’s 8th development offshore Guyana

Guyana’s next Stabroek Block development could potentially be ExxonMobil’s Longtail discovery, Vickram Bharrat, the country’s Minister of Natural Resources said. “They are already moving ahead with Hammerhead, and we have heard talks that Longtail will come after that,” he said. The...

Guyana to contract audit of Exxon’s Stabroek Block 2021-2023 expenses by September 

Guyana's Minister of Natural Resources, Vickram Bharrat, said the government is on track to issue a contract award in September for the audit of Stabroek Block expenses for the period 2021-2023.  “We’re looking at the same model where we can...

Exxon expected to submit Hammerhead development plan to Guyana regulators early next year

The field development plan for ExxonMobil’s Hammerhead project is expected in the first quarter of 2025, according to Guyana's Minister of Natural Resources Vickram Bharrat.  “...then we will do our necessary due diligence with the view of issuing the license...

Corentyne Block with the State; gov’t in no hurry to consider next steps for CGX – Bharrat

Guyana’s Corentyne Block has returned to state hands, Minister of Natural Resources, Vickram Bharrat confirmed on Aug. 14. The asset was held by CGX Energy as operator in partnership with Frontera Energy.  “CGX license has expired. There is no license...

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Letter-to-the-Editor: Guyana’s oil and gas sector is experiencing responsible growth

Dear Editor, I am constantly engaged with reports across a range of industries—none more prominent in recent years than the...