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Bourbon said on Tuesday it mourns the death of two other crew members of the Bourbon Rhode vessel that sunk in the Atlantic Ocean after encountering a hurricane while en route to Guyana. “The bodies of our two mariners were...

Adopting a different format geared towards maximising interaction with the public, ExxonMobil Guyana staged an ‘open house’ on its proposed 220,000 barrels per day Payara project on Monday, September 30 at the Pegasus Hotel in the country’s capital, Georgetown. The...

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO. Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air compressors,...

Explorers on the Canje Block offshore Guyana are targeting two prospects for drill campaigns in 2020 according to co-venturer Total. The Bulletwood and Jabillo wells, located in the north-west portion of the block, are two in a series of campaigns...

Dutch floater specialist SBM Offshore said on Monday it intends to bid for the interests held by Brazil's Servicos de Petroleo Constellation in five floating production, storage and offloading vessels. SBM said the auction consists of the minority stake held...

As momentum picks up in Guyana’s emerging oil and gas industry, the demand for various goods and services is steadily rising. One of the areas already being impacted is the agriculture sector. In recent months, it has been found that...

The search for tug supply vessel Bourbon Rhode continues with the full support of Cross AG (Regional Operational Center of Surveillance and Rescue) and the French navy, under the authority of the Prefect representing the French national maritime authority. Five...

Billions of dollars in oil revenue and a plethora of new opportunities could potentially transform one of South America’s smallest nations into a regional powerhouse, but for this to occur, a concerted effort must be made by its people...

Oil earnings for an emerging economy such as Guyana should be turned into public investments rather than into increased private consumption. Most poor countries are severely constrained in their development by the under-provision of public goods. Economic development, though undoubtedly...

Following search operations of tug supply vessel Bourbon Rhode which started on September 26, the mobilized rescue teams have recovered a lifeboat with 3 crew members on board, the lifeboat having been identified by a Falcon 50 especially equipped...