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GYSBI handles arrival of ‘heaviest cargo’ for Gas-to-Energy project 

OilNOW -
Last week, Guyana Shore Base Inc. (GYSBI) witnessed the arrival of 16 transformers and 244 accessories for the Gas-to-Energy (GTE) and Guyana Power and Light (GPL) Enhancement Projects, the company said.  The BBC Echo Vessel successfully berthed at the Muneshwers...
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Guyana’s seventh deepwater project to create over 1,300 jobs

OilNOW -
The proposed Hammerhead development is set to create up to 1,380 jobs, preliminary estimates from ExxonMobil indicate.  The jobs span four stages of the project.  A project summary filed with the Environmental Protection Agency (EPA) indicates that approximately 540 persons would...
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ExxonMobil leads majors in reserve replacement – Westwood 

OilNOW -
At the end of 2023, ExxonMobil reported booked reserves equivalent to more than 12 years of its production, according to a report from Westwood Global Energy Group.  In contrast, the combined proved reserves for five supermajors - bp, Shell, Chevron,...
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QatarEnergy joins Chevron in Block 5 offshore Suriname

OilNOW -
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for Block 5 offshore Suriname. Chevron, the operator, will retain a 40% interest, while Paradise Oil Company, an affiliate of Suriname’s...
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Ayodele Dalgety-Dean takes reins as Sispro’s new Chairwoman

OilNOW -
Sispro Incorporated, a pioneering women-led indigenous energy company in Guyana, has appointed  Ayodele Dalgety-Dean as Chairwoman following its Annual General Meeting held on July 3, 2024. Dalgety-Dean is esteemed for her extensive background in social justice and dedication to...
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TOTALTEC launches graduate engineer apprenticeship program in Guyana

OilNOW -
TOTALTEC is seeking talented graduate engineers for its comprehensive 3-year apprenticeship program in Georgetown, Guyana. The company outlined that the program offers hands-on experience, multidisciplinary training, and a strong career foundation in the engineering industry. TOTALTEC teams up with Skills...
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SLB eyes growth in Guyana, Brazil with deepwater opportunities

OilNOW -
The development of new deepwater basins in Latin America and beyond presents significant growth opportunities for oilfield services giant SLB, according to Chief Executive Officer (CEO) Olivier Le Peuch. In a Friday conference call discussing the company's second-quarter earnings,...
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DOF secures multiple contracts with Petrobras in Brazil

OilNOW -
DOF has announced several new contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil. The AHTS Skandi Jupiter and Skandi Mercury, managed by DOF, have been contracted by Petrobras to operate as AHTS 230t BP. This...
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Bourbon Clear vessel in Guyana to support Yellowtail development operations 

OilNOW -
Offshore marine services company – Bourbon Guyana Inc. – now has seven vessels supporting oil and gas operations offshore in the Stabroek Block.  “The Bourbon Clear joins our local Bourbon Guyana fleet, increasing the number to 7 OSVs operating...
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Halliburton reports US$709 million net income in Q2 2024

OilNOW -
Halliburton announced a net income of US$709 million, or us$0.80 per diluted share, for Q2 2024. This marks an increase from Q1 2024, which saw a net income of US$606 million, or US$0.68 per diluted share, and an adjusted...
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Linden-Mabura road to soon link South America’s oil giants, boost trade and integration

Guyana’s Linden to Mabura Hill road project will be spotlighted at the Caribbean-Brazil Summit on June 13 in Brasilia....

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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