News

ExxonMobil Guyana Technical Training Manager Jewel Collier-Swan said building a world-class Guyanese workforce will depend on developing technical expertise and ensuring local talent can progress within the energy sector. During her address at the launch of MODEC’s development programs on...

Guyana’s growing oil production, alongside increased output from the United States and Brazil, is helping to reduce the impact of disruptions to the Strait of Hormuz on global oil markets, according to Nick Wayth, Chief Executive Officer of the...

Halliburton will support Kuwait Oil Company’s (KOC) development of a new research and technology hub aimed at creating solutions for the country’s evolving oil and gas operations. The multiyear agreement, announced by Halliburton on July 22, will see the U.S.-based...

Prime Minister Mark Phillips said an independent commission of inquiry will determine responsibility for the MV Barima tragedy and examine whether established regulations and operating procedures were breached. Phillips told journalist Gordon Moseley on the GoMoseley radio programme Wednesday morning...

The number of bodies recovered following the sinking of the MV Barima has increased to 53, Prime Minister Mark Phillips said during a press conference on Tuesday evening. Authorities have also verified that 76 people were rescued. Based on the...

Historical oil shows, reservoir-quality sands, and potential hydrocarbon traps indicate what Guyana’s onshore Berbice Block could hold, although no commercial petroleum accumulation has been established. Former operator CGX Energy outlined the block’s geological potential in a technical presentation published in...

Oil and gas plays opened in recent years are not expanding along the same trajectory as major earlier successes that included Guyana, according to Westwood Global Energy Group. Jamie Collard, Westwood’s Senior Exploration Research Manager, made the assessment during a...

Suriname plans to use workforce and industry data to build a local content strategy that prepares citizens and businesses for opportunities from the country’s expanding offshore oil sector. Minister of Oil, Gas and Environment Patrick Brunings said the government wants...

Twenty-seven bodies have been recovered following the sinking of the MV Barima, while 83 people remain missing, Prime Minister Mark Phillips said during a press conference on Monday evening. The number of rescued passengers and crew has increased from 67...

MODEC Guyana has launched two workforce development initiatives to prepare Guyanese for careers supporting the country’s offshore oil industry. While both programs are designed to lead to long-term employment with the company, they target different applicants and follow different...