Modern American Recycling Services Europe, A/S (MARS) said it was awarded a major EU Green Recycling contract for the retirement of SBM Offshore’s Capixaba floating production, storage and offloading (FPSO) vessel.
The contract includes engineering, preparation, dismantling and green recycling...
ExxonMobil Guyana said on Thursday that it supports the appeal made by the Environmental Protection Agency (EPA) of Guyana, of a High Court judgment requiring it to provide an ‘unlimited’ parent and/or affiliate guarantee. The undertaking would be tapped...
The recent ruling handed down by a Guyana Court Judge regarding ExxonMobil Guyana's insurance obligations for its operations offshore the South American country is engaging the attention of a number of stakeholders and experts in the oil and gas...
Guyana's Attorney General, Anil Nandlall, recently announced the initiation of a comprehensive review of the local content framework. This move comes, he said, amid complaints that some locals are still being disenfranchised.
The AG made the disclosure on his show...
Guyana’s Ministry of Education has been awarded a US$5M grant from the Global Partnership for Education (GPE) to boost its human capital development efforts. The Inter-American Development Bank (IDB) is the designated manager for the disbursements which will occur...
Petrobras said it found hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 kilometres (km) from the city of Santos, São Paulo, at a water depth of 1,979 metres.
The...
Big names in the global oil and gas industry Guyana and Qatar have forged closer ties with the establishment of an embassy in the nation’s capital city Doha. Inaugurated on May 16, Guyana's President Dr. Mohamed Irfaan Ali told...
A notice from Guyana’s Maritime Administration (MARAD) signalled the start of construction for the country’s new US$260 million Demerara River crossing. The completed structure is expected to be delivered within two years.
“As a result, an exclusive zone (Work Area)...
Equinor is operating the world's first wind farm designed specifically to power offshore oil and gas platforms. Known as Hywind Tampen, this innovative project has revolutionized the industry by combining offshore wind power with traditional oil and gas operations.
Located...
ExxonMobil Guyana and its contractors have demonstrated strong achievement on the local content front, investing over GY$80 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. Since the initial discovery in 2015, their total expenditure with...
