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Petrobras leads scientific expedition to explore Equatorial Margin

OilNOW -
Petrobras, in collaboration with the Geological Survey of Brazil (SGB) and 10 regional universities, commenced a scientific expedition to unlock the potential of the Equatorial Margin, hailed as the new frontier in oil and gas exploration. Petrobras said the expedition,...
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Media heavyweights join Guyana energy conference top brass 

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The Secretariat of the Guyana Energy Conference and Supply Chain Expo announced the appointment of Fareeza Haniff as its new Media and Operations Director and Kiana Wilburg as the new Chief Executive Officer. The organization said the two women...
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Six FPSOs at peak production will utilize just 7% of Guyana’s massive carbon sink capacity annually – VP Jagdeo 

Kiana Wilburg -
Even with six floating production, storage and offloading (FPSOs) vessels operating at peak production, Guyana’s oil operations would only utilize 7% of the 150 million tonnes of emissions sequestered by its forests annually. So said Guyana’s Vice President, Bharrat...
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Guyana emerges as hotspot for operator-owned FPSOs amid global fabrication yard lead time challenges

OilNOW -
As lead times at fabrication yards across key regions lengthen, Guyana's prominence in the FPSO (floating production, storage and offloading vessel) market grows, fueled by major ExxonMobil-led developments. According to a recent report by Rystad Energy, competition among projects...
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Global oil and gas well completion rates rebound, stability projected through 2025

OilNOW -
Global oil and gas well completion rates have experienced a significant rebound, following a period of decline triggered by the 2014 oil price crash and further exacerbated by the COVID-19 pandemic, according to a March 24 report by Norway’s...
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UK-based power titan wants to help Guyana become premier industrial hub with fool-proof metering system, other reforms at GPL

Kiana Wilburg -
InterEnergy, one of the largest private sector power operators in the Dominican Republic (DR), is eager to help Guyana become a premier industrial hub for the region through key reforms at its publicly owned utility company, the Guyana Power...
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MODEC seeks accommodation vessel services for offshore operations

OilNOW -
MODEC has issued a Request for Information (RFI) for appropriate accommodation vessel services, catering to a minimum of 150 personnel on board (POB), for operations spanning August 2026 to March 2027. The RFI outlines requirements for the accommodation vessel, emphasizing...
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UK donates drone to GMCS, empowering indigenous youth to protect mangroves in Barima Mora Passage

OilNOW -
To bolster conservation efforts in the Barima Mora Passage, the United Kingdom has donated a state-of-the-art drone to the Guyana Marine Conservation Society (GMCS). The drone, presented by British High Commissioner Jane Miller, aims to enhance mangrove monitoring and...
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Can’t meet energy needs of today if “we just turn the lights off” – Exxon Guyana President

OilNOW -
‘Oil production needs to stop if the world has any chance of fighting climate change.’ This is the position of environmentalists as the world pushes the pathway to net zero. But industry analysts say that oil will continue to...
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MODEC, SBM Offshore competing for Suriname FPSO award

OilNOW -
MODEC and SBM Offshore are competing for an engineering, procurement and construction (EPC) award from TotalEnergies for Suriname’s first floating production, storage and offloading (FPSO) vessel, Upstream said in a March 25 report.  The publication said the companies have stepped...
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