In his strongest rebuke yet, Guyana's Vice President, Bharrat Jagdeo has expressed strong distaste with CGX Energy's handling of their contractual obligations for the Corentyne Block.
“Let me make it clear, CGX will not play the Government of Guyana” was...
The Guyana government has reaffirmed its commitment to full transparency as plans advance on a landmark gas development project.
“The Government of Guyana has every intention of advancing, in the most transparent manner possible, the development of the infrastructure needed...
CGX Energy and Frontera Energy have announced a bid to hold on to the Corentyne Block, just days before a deadline that could see them relinquish the acreage if government approval is not secured.
“The Joint Venture has submitted a...
CNOOC Petroleum Guyana Limited (CPGL) is set to lease a complex for office and residential use in support of its activities in Guyana for 20 years.
This move is part of CPGL's expansion in the region, which began with its...
DOF Group has been awarded two significant long-term contracts by Petrobras. These include a major contract for the pipelay support vessel (PLSV) Skandi Niterói and a very large contract for the anchor handling support vessel (AHTS) Skandi Botafogo.
The Brazilian-built...
Chinese shipyard Shanghai Waigaoqiao Shipbuilding (SWS) has launched the Jaguar Floating Production Storage and Offloading vessel (FPSO) being constructed for ExxonMobil’s Whiptail development.
SWS announced on Friday that the vessel, a Multipurpose Floater 5 (MPF5), was launched and is on track...
Goldman Sachs has appointed John Hess to its board of directors, as reported by the Financial Times. This announcement comes as Goldman Sachs advises Hess' company on its $53 billion acquisition by Chevron.
Hess will leave his roles at Hess...
MODEC Guyana Inc. (MOG) has issued a Request for Information (RFI) for Floating, Production, Storage and Offloading vessel (FPSO) mooring hook-up services for the Uaru Project.
The project involves the Errea Wittu FPSO, which will be situated 190 kilometers from...
ExxonMobil has selected Hammerhead as its seventh development in Guyana’s Stabroek Block.
The company filed for environmental authorization on June 25.
The development is expected to target between 120,000 and 180,000 barrels per day (b/d).
Unlike the previous developments, Hammerhead is expected...
Dates have been set by the International Court of Justice (ICJ) for written second round pleadings by Guyana and Venezuela in the ongoing border case.
Per the ICJ’s order, Guyana has until December 9 this year to make submissions. Venezuela...
