News

PETRONAS extends drillship contract for additional well in Suriname’s Block 52

PETRONAS Suriname E&P B.V. has opted to extend the contract for the 7th generation drillship Noble Voyager to drill an additional well in Block 52 offshore Suriname, Noble Corporation said in a LinkedIn post.  The contract, valued at a day...

Direct flights now connect America’s oil capital to Georgetown

United Airlines inaugurated its nonstop flight from Houston to Georgetown, Guyana, operated by a Boeing 737-MAX 8, the Cheddi Jagan International Airport (CJIA) said in an April 1 release.  The new service, which runs four times a week, will give...

Ali meets with power companies as frequent blackouts plague Guyana 

The commissioning of Guyana’s Gas-to-Energy project is a year away - too for consumers as skyrocketing demand is contributing to chronic power instability. Guyana's President Irfaan Ali convened an urgent meeting with the Board of Directors and management of...

Petrobras leads scientific expedition to explore Equatorial Margin

Petrobras, in collaboration with the Geological Survey of Brazil (SGB) and 10 regional universities, commenced a scientific expedition to unlock the potential of the Equatorial Margin, hailed as the new frontier in oil and gas exploration. Petrobras said the expedition,...

Media heavyweights join Guyana energy conference top brass 

The Secretariat of the Guyana Energy Conference and Supply Chain Expo announced the appointment of Fareeza Haniff as its new Media and Operations Director and Kiana Wilburg as the new Chief Executive Officer. The organization said the two women...

Six FPSOs at peak production will utilize just 7% of Guyana’s massive carbon sink capacity annually – VP Jagdeo 

Even with six floating production, storage and offloading (FPSOs) vessels operating at peak production, Guyana’s oil operations would only utilize 7% of the 150 million tonnes of emissions sequestered by its forests annually. So said Guyana’s Vice President, Bharrat...

Guyana emerges as hotspot for operator-owned FPSOs amid global fabrication yard lead time challenges

As lead times at fabrication yards across key regions lengthen, Guyana's prominence in the FPSO (floating production, storage and offloading vessel) market grows, fueled by major ExxonMobil-led developments. According to a recent report by Rystad Energy, competition among projects...

Global oil and gas well completion rates rebound, stability projected through 2025

Global oil and gas well completion rates have experienced a significant rebound, following a period of decline triggered by the 2014 oil price crash and further exacerbated by the COVID-19 pandemic, according to a March 24 report by Norway’s...

UK-based power titan wants to help Guyana become premier industrial hub with fool-proof metering system, other reforms at GPL

InterEnergy, one of the largest private sector power operators in the Dominican Republic (DR), is eager to help Guyana become a premier industrial hub for the region through key reforms at its publicly owned utility company, the Guyana Power...

MODEC seeks accommodation vessel services for offshore operations

MODEC has issued a Request for Information (RFI) for appropriate accommodation vessel services, catering to a minimum of 150 personnel on board (POB), for operations spanning August 2026 to March 2027. The RFI outlines requirements for the accommodation vessel, emphasizing...

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What happens to the parts of Guyana’s offshore blocks that contractors give back?

When ExxonMobil drilled the Liza-1 well in 2015, it confirmed the first major offshore oil discovery in Guyana —...