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OMNI Helicopters hits one year mark, over 50,000 passengers transported for Exxon’s Stabroek block operations 

OilNOW -
Since its first flight on Jan. 1, 2023 - six weeks ahead of schedule, OMNI Helicopters Guyana Incorporated (OHGI) has built a resilient team with 60 Guyanese in its employ.  Hitting the one-year existence mark, OHGI boasted of conducting 2,300...
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Guyana, Venezuela continue to pursue good relations after Brasilia talks 

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Guyana's Vice President Bharrat Jagdeo said his country has to have a relationship with Venezuela beyond the Essequibo border controversy, and that this is being pursued through the Argyle Declaration. His remarks, made during a Jan. 25 media conference,...
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45 Guyanese companies graduate CLBD’s HSSE Management System Mentorship Programme 

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The Centre for Local Business Development (CLBD), through the support of the Greater Guyana Initiative (GGI), plays a critical role in helping Guyanese companies understand and access increasing opportunities in the oil and gas industry, while improving their overall...
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Gas-to-Energy contractor on hiring drive ahead of Q2 construction start 

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LNDCH4 Guyana, the joint venture between CH4 and Lindsayca, has kickstarted a hiring drive in Guyana as it gears up for the construction of an integrated facility as part of Guyana’s Gas-to-Energy project. This facility, a cornerstone of Guyana's...
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SBM Offshore announces departure of Chabas, names successor

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Dutch floater specialist SBM Offshore announced on Wednesday the departure of its Chief Executive Officer (CEO) and Chair of the Management Board, Bruno Chabas, who has held the portfolio for 12 years. The company said Chabas decided not to...
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Competitive fiscal terms key to Guyana offshore growth; Suriname now being asked to provide more incentives  

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Head of Malaysia’s Petronas, Zamri Baseri, is quoted by Reuters as saying the company needs to speak to Staatsolie - Suriname's state oil company - about the commercial models that can be used to make a project at block...
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Guyana-Venezuela ‘joint commission of foreign ministers’ for meeting today in Brazil

OilNOW -
Guyana’s Minister of Foreign Affairs and International Cooperation, Hugh Todd, is leading a team to Brazil today to meet with his Venezuelan counterpart Yván Gil. The meeting is taking place within the framework of the Argyle Declaration in which...
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Schlumberger reports record year for Middle East operations with US$33 billion in revenue 

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Oilfield services giant Schlumberger (SLB) has achieved a net profit of US$4.2 billion in 2023, marking a 22% increase and establishing a record year for its Middle East operations in terms of revenue. The company posted a total revenue...
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Guyana-Suriname basin to add almost one million barrels per day to global oil supply

OilNOW -
The Guyana-Suriname basin is projected to add 950,000 barrels of oil per day (b/d) to market supply, with four projects to come on stream in the period 2025-2028. One floating production, storage and offloading (FPSO) vessel will start operations...
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CGG signs agreement with T&T for reimaging of deepwater seismic data

OilNOW -
France-based marine seismic data company CGG has agreed with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks.  The project, covering blocks 25a, 25b, 26, and 27...
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Patrick Brunings nominated to lead new Oil and Gas Ministry

PARAMARIBO, SURINAME - Suriname’s incoming coalition government has nearly finalized its Cabinet ahead of the July 16 inauguration, with...

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