News

The prolific Stabroek Block in Guyana is set to redefine the landscape of deepwater oil projects, marking a significant milestone in global energy production. Vice President and Business Service Manager of ExxonMobil Guyana, Phillip Rietema, during an appearance on...

SLB and TotalEnergies have unveiled a 10-year partnership to co-develop scalable digital solutions aimed at enhancing energy resource access with improved performance and efficiency. This collaboration will address key challenges across the energy value chain, including carbon capture, utilization,...

Guyana's burgeoning role in the global oil industry is taking shape, with ExxonMobil's investments poised to transform the country's economic landscape, according to the company’s Vice President and Business Services Manager, Phillip Rietema. He made an appearance on the...

Guyana’s Natural Resource Fund (NRF) received US$246 million (GY$51.3 billion) in revenue from oil sales in June, government data shows. The funds were paid for three lifts of Guyana’s crude entitlement from the ExxonMobil-operated Stabroek Block.  The NRF received:  US$81.6 million (GY$17...

Noble Corporation is seeking detailed information from qualified vendors for trucking services in Guyana.  Noble Bob Douglas continues development drilling at Yellowtail site | OilNOW  The scope of services includes daily trucking tasks such as transporting offshore supply containers to and...

SBM Offshore Guyana’s trainee technicians have completed their training at the Facility Simulator (FacTor) Unit of the Guyana Technical Training College Incorporated (GTTCI). A small ceremony on July 5 at GTTCI in Port Mourant, Berbice, honored the trainees. The 24...

ExxonMobil Guyana Limited (EMGL) has issued a request for information (RFI) for Waste Management Services, focusing on waste oil, hazardous waste, and non-hazardous waste.  EMGL aims to evaluate the services and capabilities of potential suppliers to manage these waste types...

Petrobras has signed an agreement with Brazil’s antitrust authority Cade, amending its natural gas and refining divestment deals. These deals, originally inked in 2019 during Jair Bolsonaro's administration, aimed to reduce Petrobras' dominant market position. In a statement, Petrobras affirmed...

SLB has secured a contract from TotalEnergies for its OneSubsea™ joint venture to deliver a 13-well Subsea Production System for the Kaminho project, offshore Angola. The project will be developed in two phases for the Cameia and Golfinho discoveries,...

As Guyana considers a second auction of offshore oil exploration licenses, the government may be open to easing some terms in its model petroleum contracts, to attract more investors.  During a Thursday press conference, Vice President Bharrat Jagdeo explained that...