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SBM Offshore and Constellation complete minority ownership transaction

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SBM Offshore and Constellation Oil Services Holding S.A. said on Friday they have successfully completed the transaction regarding the sale to SBM Offshore of Constellation’s equity ownership in the lease and operating companies related to five Brazilian FPSOs. This follows...
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Half of ExxonMobil’s workforce for its exploration and development activities at Stabroek Block is Guyanese

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More than 3,400 people are working for ExxonMobil on its project for the exploration and development of hydrocarbon resources offshore the South American country of Guyana, and half of that number is Guyanese. The US oil major has been steadily...
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Three-day O&G conference and exhibition wraps-up in Georgetown

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The Guyana International Petroleum Exhibition (GIPEX) 2019 wrapped up on Friday November 22 at the Guyana Marriott Hotel in Georgetown, with its organiser reporting participation by over 250 companies, 40 of which were local businesses. Valiant Business Media, the company...
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Guyana engaging oil companies to close skills gap

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Head of Guyana’s Department of Energy (DE) Dr Mark Bynoe says a large part of the Department’s engagement with oil companies is their contribution to education as part of the larger agenda for the South American country’s national development. Speaking...
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Guyanese companies praise networking opportunities at GIPEX 2019

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As day two of the Second Annual Guyana International Petroleum Exhibition (GIPEX) continued on November 21, at the Guyana Marriott Hotel, local companies have reported that they are benefiting from immense networking as well as business opportunities. Additionally, the University...
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Bank account to receive Guyana oil revenue to be established next week

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The account to receive oil revenue through the Natural Resource Fund (NRF) will be established next week at the Bank of Guyana. This announcement was made by Guyana’s Minister of Finance, Winston Jordan, during an interview at the opening of...
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Halliburton, University of Guyana ink US$2.2 million MoU on sidelines of GIPEX

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The University of Guyana’s (UG) Faculty of Engineering and Technology today signed a Memorandum of Understanding (MoU) with Halliburton, one of ExxonMobil’s Prime Contractors, which will see the University benefiting from US$2.2 Million for laboratory equipment, staff development and...
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ExxonMobil 14th discovery at Stabroek pushes projected government revenue above US$120 billion – Rystad Energy

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The 14th oil discovery made by US oil major ExxonMobil off the Guyana coast pushes the total estimated revenue to be earned by the South American country to more than US$120 billion. Speaking at a press update on Day 1...
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GIPEX 2019: Long-term view of ExxonMobil, successive governments in Guyana responsible for success at multi-billion-barrel Stabroek Block

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Delivering the keynote address at the opening of the 2019 Guyana International Petroleum Exhibition and Summit (GIPEX), ExxonMobil's Senior Vice President, Hunter Farris told conference attendees of previous unsuccessful drill campaigns in Guyana, challenging depth of the water and...
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GIPEX 2019: Oil wealth should be the catalyst to move to clean energy – Dr Bynoe

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Dr Mark Bynoe, Head of Guyana's Department of Energy, on Wednesday, reemphasized his agency's commitment to pursuing the country's green economy and using the oil resources to propel the South American nation into becoming an exemplar of clean energy...
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Letter-to-the-Editor: The Guyana Super League is redefining cricket in Guyana

As an aspiring cricketer and proud Guyanese, I’m excited to see how the Guyana Super League (GSL) is not...

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