News

TechnipFMC secures US$1B contract for Shell’s Gato do Mato project

TechnipFMC has won a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield development offshore Brazil. The project will incorporate TechnipFMC’s Subsea 2.0® configure-to-order subsea production systems, streamlining project management through a...

ExxonMobil Guyana sponsors 75 women for upcoming Local Content Summit

ExxonMobil Guyana is sponsoring 75 women to attend the 2025 Local Content Summit this April 8. The sponsorship is in alignment with its commitment to fostering partnerships for Guyana's development, according to a company statement issued on March 28.  The...

USA and Guyana deepen ties with security pact and economic cooperation

The United States and Guyana have reinforced their partnership through enhanced cooperation in security, trade, and regional stability following high-level talks between President Irfaan Ali and US Secretary of State Marco Rubio. President Ali highlighted the enduring partnership between the...

Gas pipeline to be built for industrial park in Berbice – Guyana Finance Minister 

A second natural gas pipeline will be built to land in Berbice, Guyana’s Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh said on Wednesday. The second pipeline would follow one Exxon installed last...

It would be ‘a very bad day’ if Venezuela attacks Guyana or Exxon’s Stabroek Block operations – U.S. Secretary of State says

Marco Rubio, United States Secretary of State, has taken an assertive stance against Venezuelan President Nicolás Maduro's attempted bullyism of the South American nation. He said a conflict with Guyana or an attack on Exxon’s Stabroek Block would lead...

Qualco expands Guyana presence with new base on East Bank Corridor

Qualco Guyana, a subsidiary of the U.S Quality Companies, expanded its footing in Guyana and officially launched its operations with a new location at Friendship on the East Bank corridor. The company first established a presence in South America's oil...

Guyana security is a key priority of Trump administration; Venezuela threat ‘unacceptable’ – U.S. envoy

The United States is committed to Guyana’s security in the face of threats from neighboring Venezuela, with a top U.S. official calling recent incidents around ExxonMobil’s offshore operations “unacceptable”. Speaking at a special briefing on Tuesday, U.S. Special Envoy for...

‘We want to see Guyana succeed’ – U.S. backs Guyana’s energy future 

U.S. Special Envoy for Latin America Mauricio Claver-Carone has restated the United States' full support for Guyana’s rapid energy development as it emerges as a global oil powerhouse. Speaking during a special briefing on March 25, ahead of Secretary of...

Shell takes FID on Gato do Mato project, awards MODEC FPSO contract

Shell Brasil has finalized its investment decision for the Gato do Mato deepwater project in the Santos Basin offshore Brazil. The company has awarded Japan’s MODEC a multi-year operations and maintenance contract for the floating production, storage, and offloading...

Guyana extends healthcare partnership with Hess Corp.: New cancer center, digital health system, and hospital upgrades by 2030

The Government of Guyana, Mount Sinai Health System, and the Hess Corporation have announced a five-year extension of the National Healthcare Initiative. The initiative, launched in 2022, aims to transform Guyana’s public health system by 2030, ensuring world-class healthcare...

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Saipem secures US$720 million offshore contracts, including a major Guyana project

Italian engineering firm Saipem has been granted a Limited Notice to Proceed (LNTP) from ExxonMobil Guyana Limited for subsea...