Oil, the earth’s black gold, lies deep beneath waters in Guyana’s exclusive economic zone and has been propelling the South American country to new heights. Opportunities are boundless but a major problem exists - labor. And Guyana needs lots...
Westwood Global Energy Group forecasts an additional US$35 billion in offshore oil and gas (O&G) related engineering, procurement, and construction (EPC) spending for the remainder of 2024. This will be driven by approximately 125 subsea tree unit awards, 2,230...
Last week, Guyana Shore Base Inc. (GYSBI) witnessed the arrival of 16 transformers and 244 accessories for the Gas-to-Energy (GTE) and Guyana Power and Light (GPL) Enhancement Projects, the company said.
The BBC Echo Vessel successfully berthed at the Muneshwers...
The proposed Hammerhead development is set to create up to 1,380 jobs, preliminary estimates from ExxonMobil indicate.Â
The jobs span four stages of the project.
A project summary filed with the Environmental Protection Agency (EPA) indicates that approximately 540 persons would...
At the end of 2023, ExxonMobil reported booked reserves equivalent to more than 12 years of its production, according to a report from Westwood Global Energy Group.
In contrast, the combined proved reserves for five supermajors - bp, Shell, Chevron,...
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for Block 5 offshore Suriname. Chevron, the operator, will retain a 40% interest, while Paradise Oil Company, an affiliate of Suriname’s...
Sispro Incorporated, a pioneering women-led indigenous energy company in Guyana, has appointed Ayodele Dalgety-Dean as Chairwoman following its Annual General Meeting held on July 3, 2024. Dalgety-Dean is esteemed for her extensive background in social justice and dedication to...
TOTALTEC is seeking talented graduate engineers for its comprehensive 3-year apprenticeship program in Georgetown, Guyana. The company outlined that the program offers hands-on experience, multidisciplinary training, and a strong career foundation in the engineering industry.
TOTALTEC teams up with Skills...
The development of new deepwater basins in Latin America and beyond presents significant growth opportunities for oilfield services giant SLB, according to Chief Executive Officer (CEO) Olivier Le Peuch. In a Friday conference call discussing the company's second-quarter earnings,...
DOF has announced several new contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil. The AHTS Skandi Jupiter and Skandi Mercury, managed by DOF, have been contracted by Petrobras to operate as AHTS 230t BP. This...
