News

ExxonMobil Guyana President, Alistair Routledge said ExxonMobil is “looking very closely at the potential for gas development” offshore Guyana. He noted during a media conference in Georgetown on Thursday, that such development(s) would be somewhat unique given the presence of...

Quality Companies LLC, with its local affiliate Qualco Guyana, has joined forces with three Guyanese companies – HHSL Safety Systems Guyana Inc., Nexus Machining & Fabrication and Latitude Geospatial – to increase its service offers to Guyana’s nascent oil...

Vice President Dr. Bharrat Jagdeo last Friday defended the government’s position to support ExxonMobil recovering the US$160 million cost of its Guyana onshore facility, through the cost oil mechanism in the Stabroek Block Production Sharing Agreement (PSA). ExxonMobil Guyana President,...

An offshore command centre is being built within ExxonMobil Guyana’s new operating base, currently under construction at Ogle, East Coast Demerara. Its President, Alistair Routledge told a news conference on Feb. 9 that the building – which recently gained the...

Transocean said that one of its wholly owned subsidiaries has agreed to invest in Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling interest in the company. GSR is the deep-sea mineral exploratory division of DEME Group NV...

Guyana President Dr. Mohamed Irfaan Ali said Friday that discourse in Guyana about the Stabroek Block Production Sharing Agreement (PSA), particularly the call for renegotiation, has become one of obsession and paranoia. “Don’t ask me the question a hundred times,”...

Guyana Shore Base Inc. (GYSBI) commissioned its heavy lift berths and “Commander in Chief” Crane on Friday at its Houston compound. Engineering Manager, Bhageshwar Murli, said the expansion cost US$25 million. The four berths form part of 1,400 feet of waterfront...

ExxonMobil is gearing up to commence construction on the Gas-to-Energy pipeline and associated infrastructure for the Gas-to-Energy project in Guyana as soon as all regulatory hurdles are cleared. President of ExxonMobil Guyana, Alistair Routledge said the company submitted revisions to...

Guyanese firm, Panthera Solutions Inc., said it has achieved Industrial Rope Access Trade Association (IRATA) certification, the first such case in-country. Panthera, which describes itself as a leading provider of offshore maintenance services and equipment in the oil and gas...

ExxonMobil Guyana has announced another round of public meetings earmarked for the Guyana coast, as it pursues environmental authorisation for the Uaru development project. This time, the meetings will raise awareness about the findings of the recently completed Environmental Impact...