News

QatarEnergy announced Sunday that it has selected Shell as its second international partner in the North Field South (NFS) expansion project. The project comprises two liquefied natural gas (LNG) mega trains that will have a combined capacity of 16...

As the Ramps Logistics' Local Content spat continues, Guyana's private sector body has come out to condemn recent statements by its Chief Executive Officer (CEO) Shaun Rampersad. He had made the suggestion that dark forces from Guyana's private sector "want...

American energy company, Hess Corporation disclosed on Wednesday that it made a net income of US$515 million, or US$1.67 per common share, in the third quarter of 2022, compared with net income of US$115 million, or US$0.37 per common...

ExxonMobil on Wednesday announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made more than 30 discoveries on the block since 2015, and...

Offshore marine services company – Bourbon Guyana Inc. – currently has six vessels supporting oil and gas operations offshore in the Stabroek Block and those vessels will remain until the end of the decade. Managing Director of the Company, Edward...

A new Materials Offloading Facility (MOF) and heavy haul road are set to be built on the West Bank of Demerara to complement the construction of Guyana’s Natural Gas Liquids (NGL) Facility and Power Plant for the Gas-to-Energy project...

President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, said the body’s annual Business Development Forum 2022 is on for November 11-12 at the Pegasus Corporate Centre, Kingston, Georgetown. Known for its lobbying and advocacy on the...

Oilfield services company and major ExxonMobil contractor in Guyana, Schlumberger, has rebranded to SLB – a company focused on energy innovation and decarbonisation, to address the world’s energy needs and chart a future for the global energy transition. Beginning October...

Drilling operations are set to continue at the Fangtooth reservoir in the Stabroek Block offshore Guyana. Operator of the block, ExxonMobil, is utilizing the Stena Carron rig for this latest operation. OilNOW understands the well site is situated approximately 100.8...

The partners in the Orinduik Block offshore Guyana are targeting an exploration well in early 2023, according to a report from 15% stakeholder, Eco Atlantic Oil & Gas. This well is expected to be drilled in the second renewal period...