News

Energy Chamber inks ‘capacity building’ agreements at Houston conference

President of the Guyana Oil & Gas Energy Chamber (GOGEC), Manniram Prashad on Tuesday signed two Memorandums of Understanding at the Offshore Technology Conference (OTC) in Houston, Texas. GOGEC said the MOUs are underpinned in the spirit of mutual...

Guyana Liza Project takes centre stage on day 1 of OTC

A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...

Guyanese recruitment firm targeting opportunities in Houston

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...

Oil on agenda as high-level Suriname delegation set to begin 4-day visit to Guyana

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...

Major U.S. oil industry groups sue Biden administration

(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)...

Guyana looking to use deepwater resources for above ground prosperity

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...

Delta tightening grip on oil market

(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 targeting seabed minerals in energy transition push

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...

Guyana delegation in Houston for flagship oil and gas conference

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...

Schlumberger walks from OTC over pandemic concerns

(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...

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Survey says Exxon is ‘Most Admired Explorer’ propelled by mega wins in Guyana

ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a...