News

ExxonMobil Guyana said it initiated a quick response to a leak of approximately one barrel of crude from the Liza Unity floating production, storage and offloading (FPSO) vessel on Friday. The team had observed a sheen on the water in...

Although Guyana’s Local Content legislation prioritises the use of locals across 40 categories of work such as rentals, security, transportation, and catering, it still does not block the participation of foreign entities. It is this intelligent craftsmanship of the...

Cognizant that there are inherent risks associated with being an oil producing country, the Guyana government has paid keen attention to the development of the labour market. It said the government cannot go without preventative and mitigating strategies to guard...

Bristow Group announced a contract award on Wednesday from Equinor’s state oil company, Equinor. By virtue of this award, Bristow said Equinor will be tapping into its world leading innovative and sustainable vertical flight solutions. It will provide search and...

Staatsolie – Suriname’s state oil company – has its eyes set on becoming an operator in that nation’s shallow water blocks, according to its strategic goals 2022 through 2026. In its updated 2021 year-end report, Staatsolie’s Vice President – Offshore,...

Payment periods are now limited in Guyana as its government on Friday issued an ultimatum to all contractors and sub-contractors operating in its oil and gas industry to institute a 45-day payment period. According to Guyana’s Local Content Secretariat (LCS),...

Vreed-en-Hoop Shore Base Incorporated (VEHSI) is looking to provide employment to residents of Region Three, where the company is developing a shore base facility.  On Saturday, September 10, VEHSI is hosting a job fair to assess the hiring pool...

Considering their efforts at marrying environmental protection with accelerated production, ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), along with its partners, have clearly satisfied the government’s request for stellar operational performance in the Stabroek Block. This much was...

Capricorn Energy’s intended £1.4 billion all-share merger with Tullow Oil seems to be on a shaky path as its Chief Executive Officer (CEO) Simon Thomson recently hinted that the company is considering new investors. His comments have emerged amid shareholders’ calls for the board to pull out of the...

Career diplomat, Nicole D. Theriot is President Joe Biden’s nominee for the United States (US) Ambassador to Guyana position, a release from the White House said. According to the White House, Theriot, a career member of the Senior Foreign Service with...