Ambipar, a global leader in environmental solutions, and SBM Offshore, a key player in the ocean infrastructure sector, have jointly unveiled an advanced robotic solution for cleaning cargo oil tanks on floating production, storage, and offloading (FPSO) units, aiming...
Guyana’s new Demerara River Bridge is on track to be completed by the end of August, with the final concrete slab to connect its eastern and western spans set to be poured on August 25, Public Works Minister Juan...
Alma Del Toro, Co-Founder and Co-President of Blue Wave International Supplier Development Program Corporation, says three-quarters of small and medium enterprises (SMEs) in the company’s supplier development programs have expanded their business within a year of graduating.
“In aggregate, we...
Trinidad and Tobago’s Minister of Energy and Energy Industries, Roodal Moonilal, today announced the signing of a “historic” Production Sharing Contract (PSC) with global giant ExxonMobil for an offshore deepwater block larger than the nation’s landmass.
This marks the company’s...
The Local Content Secretariat says oil companies in Guyana delivered more than 1,600 technical and non-technical programs for Guyanese in 2024, reflecting what Head of the Employment Unit Nicole Haynes described as “the continued commitment to upskilling the Guyanese...
Guyana’s Ministry of Foreign Affairs and International Cooperation said on Monday that the International Court of Justice (ICJ) is expected to hold one final round of oral hearings before delivering its judgment in the border case with Venezuela, after...
Guyana would be open to exploring a proposal from fellow Caribbean Community (CARICOM) states for crude oil sales, even one that could link discounted barrels to cheaper refined fuel supplies, Vice President Bharrat Jagdeo said on Thursday.
Late last month,...
Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost in oil capacity -125,000 barrels per day (b/d).
According to SBM Offshore’s half year report, this increase comes from debottlenecking work...
Japan’s MODEC Inc. said on Friday its net profit for the first half (H1) of 2025 rose 17% from a year earlier, buoyed by revenues from engineering, procurement, construction and installation (EPCI) projects and a record order book, even...
The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled ‘Understanding Invoicing in the Oil & Gas Industry’ on August 18.
The event, which is part of the Centre’s ‘Managing Growth:...
