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Authorities to meet East Bank residents on Gas-to-Energy project

OilNOW -
The Government of Guyana has issued a notice inviting residents of Friendship, East Bank Demerara, to attend a public consultation regarding the proposed Gas-to-Energy project. The meeting is scheduled to take place on Saturday, July 22, 2023, at 10:00hrs,...
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Exxon seeking local contractor to build access road for its new office complex in Guyana

OilNOW -
ExxonMobil Guyana is actively seeking the services of a Guyanese contractor for the construction of a critical access road to its Ogle operations centre, currently under construction. In a bid to streamline the selection process, the company has recently...
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Sierra Leone hoping to recreate Guyana’s exploration bounty

OilNOW -
Following remarkable successes in the deepwater plays of South America, Sierra Leone is hoping to mirror the fortunes of Guyana, aiming for an exploration boom in its prolific oil and gas fields. In recent years, the Guyana-Suriname basin has witnessed...
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Guyana going after visa-free travel to EU’s Schengen Area

OilNOW -
South America’s rising oil star, Guyana, is looking to secure visa-free travel to the European Schengen Area which comprises 27 countries that have officially abolished all passport and border control measures at their mutual borders. President, Dr. Mohamed Irfaan Ali,...
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Guyana Committee simulates fuel spill in Berbice River during Exercise Tradewinds 2023

OilNOW -
As part of the ongoing multi-disciplinary response exercise, EXERCISE TRADEWINDS 2023, a simulated oil spill activity was held on Tuesday in Region 6, Berbice. The simulation consisted of response and proactive phases towards a fictional scenario involving a fuel...
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Guyana oil fund earns over GY$7 billion interest income in H1 2023

OilNOW -
Guyana's Natural Resource Fund witnessed a surge in interest income in the first half of 2023, earning US$35.6 million (approximately GY$7.42 billion). This development is attributable to higher deposit account balances and escalated interest rates set by the Federal...
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Halliburton’s Latin America revenue jumps 9% in second quarter

OilNOW -
Oilfield services company Halliburton reported a 9% sequential revenue growth in Latin America for the second quarter of 2023. The US$994 million revenue was driven by increased pressure pumping and wireline activity in Argentina, higher completion tool sales in...
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Gas-to-Energy: Indian company gets US$159M EPC contract for transmission lines, substations

OilNOW -
Indian company, Kalpataru Projects International Limited (KPIL), has been awarded a contract of approximately US$159 million  to establish transmission lines and substations in support of Guyana’s Gas-to-Energy project. Targeted for completion in 2024, the infrastructure is instrumental for integrating...
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Guyana’s premier shorebase offers scholarships, employment opportunities

OilNOW -
Guyana Shore Base Inc. (GYSBI), the leading onshore support facility for the oil and gas industry in Guyana, is launching a new Technical Scholarship to boost education for young Guyanese individuals aged 16 to 25.  This initiative will provide support...
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Guyanese suppliers being sought to craft local content framework for Exxon’s new FPSO builder

OilNOW -
MODEC’s local affiliate, MODEC Guyana Inc., is moving to craft its local content compliance strategy in line with legal requirements. The company is setting up shop in Guyana, after being hired to build and deliver the Errea Wittu floating...
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QatarEnergy deepens presence in Suriname with stakes across six offshore blocks

QatarEnergy has expanded its exploration footprint in Suriname’s offshore basin to six blocks, following the signing of Production Sharing...

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