News

Guyanese firm Strategic Recruitment Solutions Inc. (SRSGY) is looking to tap into opportunities at the Offshore Technology Conference (OTC) taking place this week in Houston, Texas. SRSGY is one of over a dozen companies from Guyana participating in this year’s event...

Guyana’s Head of State, Dr. Mohamed Irfaan Ali has indicated that oil and gas collaboration is one of the many topics up for discussion with the Surinamese President Chandrikapersad Santokhi, who will be leading a high-level delegation to Guyana...

(Reuters) - Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales. The American Petroleum Institute (API)...

Just a little over six years ago, Guyana’s economic prospects were based entirely on its traditional sectors such as gold, diamond, other mineral production, forestry and agriculture. Oil and gas production played no role in the country’s development. Then...

(S&P Global Platts) Crude oil futures were lower during mid-morning Asian trade Aug. 16 as investor concerns over the fast-spreading delta variant resurfaced amid restrictive movement curbs in oil consuming giant China and growing number of cases in the...

TechnipFMC is joining forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals, driving the energy transition and a sustainable future. Marine minerals have been identified by the World Bank, World Economic Forum, and...

A delegation from Guyana is in Houston, Texas, for the flagship Offshore Technology Conference (OTC) scheduled to be held from August 16 – 19 this year. OTC focuses on exchanging technical knowledge relevant to the development of offshore energy...

(Bloomberg) -- Schlumberger is pulling out of one of the biggest U.S. oil-industry conferences due to rising Covid-19 cases in the Houston area. The annual Offshore Technology Conference, which is scheduled to start Sunday, draws visitors from the around the...

Updated August 15, 2021 Over 100 exploration wells are expected to be drilled in South America outside Brazil over the next 5 years and Norway-based Rystad Energy has said most of the action could be found off the northern shelf...

The Office of the President in Guyana announced on Saturday that President of Suriname Chandrikapersad Santokhi will pay a four-day official visit to Guyana, from August 17- 20, 2021. This is at the invitation of Guyana’s President, Dr. Mohamed...