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Guyana moves to map out its natural gas development plan

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Guyana is on the brink of unveiling its draft national gas utilization strategy.  This was shared by Vice President Bharrat Jagdeo during a weekly press conference on October 12 where he indicated that public consultations would commence soon. Jagdeo announced, “We...
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Guyana reissues request for proposals for its largest renewable energy project

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The Government of Guyana has reissued a request for proposals (RFP) for the Amaila Falls hydropower project (AFHP), the country's largest renewable energy project.  The move comes after a previous RFP in 2021 failed to secure a lasting contract with...
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QatarEnergy, TotalEnergies to supply LNG to France for 27 years

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Affiliates of QatarEnergy and TotalEnergies have signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (mtpa) of liquefied natural gas (LNG) from Qatar to France. According to the...
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SBM Offshore set to begin front end engineering design for Exxon’s 6th Guyana FPSO

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Dutch floater specialist, SBM Offshore announced on Friday that it has been awarded contracts to perform front end engineering and design (FEED) for a floating production, storage and offloading vessel (FPSO) for ExxonMobil’s Whiptail development project in Guyana. Following FEED...
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Guyana expects development plan for Exxon’s sixth project this month

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The Guyana government expects ExxonMobil Guyana to submit its field development plan (FDP) for the Whiptail project before the end of October. “ EMGL has indicated their intention to submit their production license application and FDP by the end of...
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Early assessment in for oil bids; evaluation to be completed in a week – Jagdeo

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Guyana's Vice President Dr. Bharrat Jagdeo said during an October 12 press conference that its consultants from IHS Markit have returned an early assessment of the bids from the recent offshore licensing round to the Ministry of Natural Resources....
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Westwood forecasts global offshore EPC investments at US$62.5 billion in 2023

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Offshore engineering, procurement, and construction (EPC) investments for 2023 are set to reach a staggering total of US$62.5 billion, with US$29 billion already awarded, and an additional US$33.3 billion anticipated for the remainder of the year, according to Westwood...
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Ithaca Energy Partners targeting US$4.5 million warehouse in Guyana

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Ithaca Energy Partners, an umbrella supply chain execution platform for Guyana's Oil and Gas industry, is investing US$4.5 million in a 40,000 square-foot warehouse at Prospect, East Bank Demerara. ExxonMobil has been looking for warehousing facilities to support its...
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Ministry says it’s fully compliant with the law regarding Guyana’s first bid round

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Guyana’s Ministry of Natural Resources has stated categorically that its actions concerning the country's first-ever offshore licensing round are in full compliance with the law. The statement follows reports from local publication, Kaieteur News, which suggested that the government is...
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Builder of Guyana FPSOs hits major milestone with new energy solutions in France

OilNOW -
SBM Offshore has hit a new milestone under its Engineering, Procurement, Construction, and Installation scope. The company announced on Thursday that it has successfully installed three floating wind units for the Provence Grand Large pilot project located 17 kilometers...
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Eco Atlantic announces passing of Co-Founder and Chief Operating Officer Colin Kinley

Eco (Atlantic) Oil & Gas Ltd. has announced the sudden passing of its co-Founder and Chief Operating Officer, Colin...

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