News

G-Boats’ newest tugs were named by Guyanese students

Exxon is continuing to build support for its petroleum operations offshore Guyana, with the recent addition of two state-of-the-art tugs. These impressive vessels, named MV Kalina and A’Rinra, will play a crucial role in guiding oil tankers at the...

Guyanese-Italian JV wins contract to lay onshore aspect of Gas-to-Energy pipeline

The final major contract for the development of the Gas-to-Energy project has been awarded, for the onshore pipeline. A joint venture of the Guyanese company, GAICO Construction and General Services Inc., and the Italian company, SICIM, secured this work...

EPA issues enforcement notice to Exxon as court deliberates on stay of execution

Guyana’s Environmental Protection Agency (EPA) has served Stabroek Block operator, Esso Exploration and Production Guyana Limited (EEPGL) with a notice to provide an unlimited parent and/or affiliate company guarantee. This revelation was made on Wednesday by the EPA’s lawyer,...

Shell secures Stena Evolution for five years of US Gulf operations

Stena Drilling said it has signed a new contract with Shell Offshore Inc. for the mobile offshore drilling unit (MODU) Stena Evolution.  The operations for Stena Evolution in the United States Gulf of Mexico are due to commence in Q2...

Guyana gov’t asks to join appeal case to oppose order for ‘unlimited’ guarantee

Guyana’s Attorney General, Mohabir Anil Nandlall has applied to be a party to the court case concerning the provision of financial assurance for the ExxonMobil-operated Stabroek Block in the case of a spill. In this bid, Nandlall is warning...

Liza Phase Two production dips in second half of April

Production guidance from Hess Corporation for the Stabroek Block indicates a reduction in 2023 Q2 compared to the prior quarter, as Exxon moves to execute maintenance on the Liza Phase 2 project.  Net production for Hess, a 30% stakeholder in...

bpTT achieves milestone in ‘Small Pools’ drilling campaign

In a significant milestone for bpTT, the energy company has announced the successful completion of the first phase of its ambitious "small pools" drilling campaign. Launched in October 2022, the campaign focuses on accessing smaller gas accumulations near existing...

Update: Oil spill insurance appeal adjourned until Wednesday

A new date of Wednesday, May 31 has been set for the hearing of an appeal on a Supreme Court ruling concerning financial assurance for ExxonMobil’s Stabroek Block operations.  The case came up in the Appellate Court on Monday, May...

CNOOC, Tullow, SBM Offshore among 13 more with approved Local Content Plans

Guyana's Ministry of Natural Resources announced on May 29 the approval of thirteen additional Local Content Annual Plans for the reporting year 2023. Approved plans detail the utilisation of Guyanese goods and services for the year in question. Vickram Bharrat,...

Trinidad, Venezuela for more talks on Dragon gas development in June

Venezuela and Trinidad and Tobago are set to resume negotiations aimed at jointly developing a dormant offshore natural gas field, Reuters said with information from three sources familiar with the matter.  The two nations are scheduled to hold a meeting...

Latest News

Noble launches pre-qualification for offshore scaffolding services in Guyana

Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable...