News

Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract using a wireless underwater intervention drone and an ROV. This contract will make Equinor the first user of technology expected to be completed in 2020. “This is...

With the discovery of large quantities of oil off its coast, the South American country of Guyana began preparations for becoming the newest oil producing nation in the region which saw the construction of its first oil production complex...

CGX Energy and its partner FEC have entered discussions with the University of Guyana (UG) and Trent University on a programme to address major deficits in training and research in the South American country, related to the development of...

Bourbon said on Tuesday it mourns the death of two other crew members of the Bourbon Rhode vessel that sunk in the Atlantic Ocean after encountering a hurricane while en route to Guyana. “The bodies of our two mariners were...

Adopting a different format geared towards maximising interaction with the public, ExxonMobil Guyana staged an ‘open house’ on its proposed 220,000 barrels per day Payara project on Monday, September 30 at the Pegasus Hotel in the country’s capital, Georgetown. The...

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO. Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air compressors,...

Explorers on the Canje Block offshore Guyana are targeting two prospects for drill campaigns in 2020 according to co-venturer Total. The Bulletwood and Jabillo wells, located in the north-west portion of the block, are two in a series of campaigns...

Dutch floater specialist SBM Offshore said on Monday it intends to bid for the interests held by Brazil's Servicos de Petroleo Constellation in five floating production, storage and offloading vessels. SBM said the auction consists of the minority stake held...

As momentum picks up in Guyana’s emerging oil and gas industry, the demand for various goods and services is steadily rising. One of the areas already being impacted is the agriculture sector. In recent months, it has been found that...

The search for tug supply vessel Bourbon Rhode continues with the full support of Cross AG (Regional Operational Center of Surveillance and Rescue) and the French navy, under the authority of the Prefect representing the French national maritime authority. Five...