News

ExxonMobil Guyana said it will host a June 19 virtual session for feedback on its Requests for Information (RFI) issued during July-December 2023.  The meeting will include an explanation of its RFI process, feedback on responses to the RFIs, and...

SBM Offshore marked its 11th annual Life Day on May 28, focusing on hand safety and overall workplace wellbeing. The event, themed “Every day is Life Day,” was celebrated globally and included a gathering at the Guyana Marriott Hotel. Martin...

Subsea7 has been awarded a super-major contract by Petrobras for the Búzios 9 field development. The field is located approximately 180 kilometers off the coast of Rio de Janeiro, Brazil, at a water depth of 2,000 meters in the...

Guyana Vice President Bharrat Jagdeo said draft oil spill legislation will be ready soon. “Within a week, we'll get the draft for the environmental spill legislation to ensure that we safeguard the country, fortify it with a law that forces...

Trinidad and Tobago's Minister of Energy and Energy Industries, Stuart Young, said the country is advantaged in terms of its ability to attract investment in gas exploration and development, due to its established gas infrastructure. During an early May...

El Dorado Offshore (EDO), Noble Corporation, and MATPAL have started a new scholarship program for six Guyanese cadet officers, EDO said in a May 30 release.  The Ramps Logistics subsidiary did not state the nature of the awards. However, it...

The Suriname Guyana Chamber of Commerce (SGCC) will host its inaugural trade delegation from Guyana to Suriname for the period June 5-9, 2024. It will include over 50 representatives from 23 companies, marking the largest such event to date,...

Trinidad and Tobago has about 10 years of gas production left based on less than 12 trillion cubic feet (tcf) of natural gas reserves, Minister of Energy and Energy Industries, Stuart Young said during a May 29 live press...

ConocoPhillips said it entered into a definitive agreement to acquire Marathon Oil Corporation in an all-stock transaction with an enterprise value of US$22.5 billion, inclusive of US$5.4 billion of net debt. Under the terms of the agreement, Marathon Oil shareholders...

Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion (approximately US$19.1 billion) for the first quarter of 2024.  This order includes 31 projects scheduled for delivery...