TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant.
The contract extension has an estimated duration of 100...
Guyana’s Private Sector Commission (PSC) said on Thursday that the country’s local content law does not violate the Revised Treaty of Chaguaramas, the central document which governs the establishment of the Caribbean Community (CARICOM).
Members of the business service organisation...
Former Prime Minister of Guyana Samuel Hinds, now the country’s Ambassador to the USA and OAS, says a report which appeared in several sections of the media on the offshore Canje block recklessly repeats malicious distortion of the facts.
Below...
Guyanese businessman Suresh Beharry, Chairman of Edward B. Beharry and Company Limited, said on Thursday he fully supports the South American country’s Local Content Legislation and is in no way playing a role in lobbying the Guyana government for...
China National Offshore Oil Corporation (CNOOC) which has a 25 percent working interest in the Stabroek Block, outlined on Tuesday, key details of its 2022 business strategy.
The company said that it has 13 new projects coming on stream that...
Private sector representatives in Guyana are outraged over a leaked email from Chairman of the CARICOM Private Sector Organization (CPSO), Gervase Warner, who is quoted as stating that Guyana’s Local Content Law contains several provisions that are in contravention...
(S&P Global Platts) China's offshore giant CNOOC targets to lift its oil and gas output by 6% on the year to 1.66 million boe/d in 2022, with most of its effort to go into boosting domestic production, CFO Xie...
(Reuters) - Exxon Mobil on Tuesday launched the sale of shale gas properties stretching across 27,000 acres in the Appalachian basin of Ohio, the company confirmed, part of an ongoing divestiture of U.S. assets.
The top U.S. oil producer is marketing...
For a country with no known oil resources just over six years ago, Guyana has emerged as a growing giant in the deepwater arena, catapulting to number 17 on the top 20 list of countries by oil reserves and...
Guyana’s Senior Finance Minister, Dr. Ashni Singh on Tuesday met with visiting Commonwealth Secretary-General, Patricia Scotland QC and her delegation at the Ministry of Finance in Georgetown where the two officials discussed the important role Guyana can play on...
