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Driller with largest fleet in Guyana seeking vendors for trucking services

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Noble Corporation is seeking detailed information from qualified vendors for trucking services in Guyana.  Noble Bob Douglas continues development drilling at Yellowtail site | OilNOW  The scope of services includes daily trucking tasks such as transporting offshore supply containers to and...
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First batch of trainee technicians graduate from Guyana Technical Training College’s FacTor Unit

OilNOW -
SBM Offshore Guyana’s trainee technicians have completed their training at the Facility Simulator (FacTor) Unit of the Guyana Technical Training College Incorporated (GTTCI). A small ceremony on July 5 at GTTCI in Port Mourant, Berbice, honored the trainees. The 24...
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ExxonMobil seeks information on waste management services in Guyana

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ExxonMobil Guyana Limited (EMGL) has issued a request for information (RFI) for Waste Management Services, focusing on waste oil, hazardous waste, and non-hazardous waste.  EMGL aims to evaluate the services and capabilities of potential suppliers to manage these waste types...
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Petrobras and Brazil’s Cade amend natural gas and refining divestment deals

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Petrobras has signed an agreement with Brazil’s antitrust authority Cade, amending its natural gas and refining divestment deals. These deals, originally inked in 2019 during Jair Bolsonaro's administration, aimed to reduce Petrobras' dominant market position. In a statement, Petrobras affirmed...
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Guyana may be willing to ease some ‘penalties’ in new oil contracts

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As Guyana considers a second auction of offshore oil exploration licenses, the government may be open to easing some terms in its model petroleum contracts, to attract more investors.  During a Thursday press conference, Vice President Bharrat Jagdeo explained that...
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Gas to Energy control center to monitor power outages in real-time

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The Gas to Energy project in Guyana will feature a state-of-the-art control center in Eccles, East Bank Demerara, to improve nationwide power reliability. This center will employ real-time monitoring to identify and address power outages promptly. Vice President Bharrat Jagdeo...
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SLB OneSubsea and TotalEnergies partner on major offshore Angola project

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SLB has secured a contract from TotalEnergies for its OneSubsea™ joint venture to deliver a 13-well Subsea Production System for the Kaminho project, offshore Angola. The project will be developed in two phases for the Cameia and Golfinho discoveries,...
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Oil contract terms key to Exxon’s multi-billion U.S. dollar investments in Guyana 

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The fiscal regime of the Stabroek Block Production Sharing Agreement (PSA) continues to be a key factor behind ExxonMobil's decision to continue investing billions of U.S. dollars into Guyana. So says Vice President and Business Services Manager at ExxonMobil Guyana...
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Kaieteur Block failed to meet ‘investment hurdle’ – Exxon Official

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ExxonMobil's Vice President in Guyana, Philip Rietema, said that the company's decision to withdraw from the Kaieteur Block last year was driven by the project's failure to meet ‘investment hurdles’ given the complex realities of oil and gas exploration.  “We...
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DOF Group announces acquisition of Maersk Supply Service in US$1.11 billion deal

OilNOW -
Norwegian offshore supply vessel company DOF Group has confirmed its agreement to acquire Denmark-based Maersk Supply Service (MSS) in a significant US$1.11 billion cash and stock transaction, announced on Tuesday. The merger will consolidate under the DOF Group banner, creating...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

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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