News

Tiling, related material being sought for Exxon’s new HQ in Guyana

Nabi/KCL Oilfield Construction Services is looking for suppliers of tiling and related material for ExxonMobil’s new headquarters in Guyana. An Expression of Interest (EOI) has been published for the supply and installation of ceramic and porcelain tiling (walls and floors),...

Guyana is world-class leader in fast-tracking oil resources – T&T Energy Chamber Head

The record pace at which Guyana is developing its oil and gas resources has been lauded by the President and Chief Executive Officer (CEO) of the Energy Chamber of Trinidad and Tobago, Dr. Dax Driver. And with the world’s...

Argentina positioning for global gas supplier role

(S&P Global Platts) Argentina's natural gas producers are setting their sights on exporting supplies to the world market as a project gets underway to build a new pipeline that will allow them to boost production from the Vaca Muerta...

Enermech nets US$128M in Africa, Middle East, Caspian contracts

Enermech announced Wednesday that it was able to net several operating expenditure (OPEX) and capital expense (CAPEX) contracts totaling US$128 million for work in African, Middle Eastern and Caspian locations. Eight key clients awarded 11 core competency projects, across a...

Tullow to merge with Capricorn to form leading African energy company

Tullow Oil and Capricorn Energy have proposed to merge to form a leading energy company in Africa. Chief Executive Officer of Tullow Oil, Rahul Dhir said in a July operational update that the company is preparing a circular and prospectus...

Chamber taps gov’t for easier access to financing, strengthening local content law

The Georgetown Chamber of Commerce and Industry (GCCI), led by President Timothy Tucker, met with Guyana’s Attorney General, Mohabir Anil Nandlall, Tuesday to discuss several legislative matters critical to the advancement of the businesses in Guyana. Of interest to companies...

Guyana profiting more from oil production than Exxon, Hess and CNOOC combined – Analyst

A new review of the consolidated financial statements for ExxonMobil Guyana, Hess and CNOOC for the period ended December 2021 confirms that the South American country is profiting more from the offshore oil production activities than all three companies combined. Financial...

Anna Nery FPSO in voyage to Brazil

Petrobras said last Friday that the Anna Nery floating production storage and offloading (FPSO) vessel began its voyage to Brazil, from the Cosco Qidong shipyard in China. The platform is expected to start producing oil in 2023 in the...

Rich countries have “no moral authority” to tell Guyana, Suriname, T&T to keep oil in the ground

The climate crisis has seen wealthy countries that have built and transformed their economies with oil and gas, calling on countries in Africa, South America and the Caribbean, to hold off on developing their hydrocarbon resources. Calls have mounted for...

Ramps in new bid for local company status

Ramps Logistics Guyana has made its second attempt at gaining local company status from Guyana’s Local Content Secretariat (LCS) with a new application. The company said that the new application to the Local Content Registry submitted on July 14, included...

Latest News

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...