News

South American neighbours Guyana and Suriname are emerging as key regional players in the oil and gas industry with growing discoveries off their coasts and multiple projects on the horizon. Three are already in production on the Guyana side...

MODEC Guyana Inc. is seeking qualified suppliers to provide annual recertification and maintenance services for a critical safety component known as the frog basket, used on floating production storage and offloading (FPSO) units.  A frog basket is a personnel transfer...

Dutch floater specialist SBM Offshore is currently operating three oil production vessels offshore Guyana. The company’s Fast4Ward® program, built on an innovative “design one, build many” concept, has been a key driver behind ExxonMobil's unprecedented project expansion and execution...

The hull block for Guyana’s Errea Wittu floating production storage and offloading vessel (FPSO) has been completed.  “We are proud to share that the FPSO Errea Wittu has achieved another significant milestone. We successfully completed the hull block assembly 40...

Moody's Ratings has upgraded Suriname's long-term local and foreign-currency issuer ratings from Caa3 to Caa1. The outlook is now positive, reflecting the anticipated economic benefits from a significant offshore oil project. This change is driven by TotalEnergies' recent decision...

SBM Offshore Guyana has partnered with One Communications as the Lead Hero for Hope in their ongoing cancer awareness campaign, particularly focusing on the Champions of Hope program. This marks the third consecutive year of SBM Offshore's involvement in...

LNDCH4 Guyana announced the arrival of two advanced gas turbines from Sweden, marking an important step in Guyana’s Gas-to-Energy project. The turbines will be installed at the project’s site in Wales, West Demerara. They will form the core of...

Guyana Deep Water Operations Incorporated (GDO), a subsidiary of SBM Offshore, is inviting suppliers to provide technical and operational solutions for on-site natural gas sampling and Gas Chromatography (GC).  SBM Offshore on track to deliver ‘near zero emission’ FPSO to...

The seismic acquisition for bpTT’s Manakin-Cocuina field has been completed, according to David Campbell, President of bpTT. The data collected is now in the processing stage. Campbell shared this update during a meeting with Stuart Young Trinidad’s Minister of...

UK-based BB Energy Trading Limited and JE Energy have secured contracts to market Guyana’s share of crude oil from the country's three floating production storage and offloading (FPSO) vessels.  The contracts were awarded through a competitive bidding process managed by...