News

First exploration well to be drilled in Bahamas next year

Bahamas Petroleum Company (BPC) has entered into a series of agreements as part of a coordinated approach toward drilling its first exploration well in The Bahamas in 2020. The company has entered into a framework agreement with Seadrill, one of...

Guyanese trained in Dynamic Positioning for offshore placements

Guyanese human resource provider Strategic Recruitment Solutions has sent 4 of their candidates to Kongsberg Maritime in Houston Texas to attend a 4-day course in Dynamic Positioning (DP) Induction. The DP induction programme is the first step in the...

Business group staging public forum on local content policy

The Georgetown Chamber of Commerce and Industry (GCCI) will bring together several prominent members of Guyana’s business community and other stakeholders for a roundtable discussion on the highly anticipated third draft of the Local Content Policy released by the...

The most profitable deep-water projects on the planet are in Guyana

The colossal discoveries ExxonMobil has made in Guyana to date will help expand production and revenue generation through a number of projects analysts say will be the most profitable on the planet. “The colossal discoveries Exxon has made in Guyana...

Guyana delegation all set for UK O&G conference

The Georgetown Chamber of Commerce and Industry is currently seeking to strengthen its relationship with international oil and gas companies, as well as increase Guyana’s prominence as a prime location for foreign investment, by attending an upcoming major oil...

Rapid development of Guyana oil fields will maximise benefits to country – WoodMac

With volatility in global oil prices and a high degree of uncertainty about the long-term value of these resources, UK-based global consultancy group, Wood Mackenzie says rapid development of Guyana’s oil fields will maximise benefits to the South American...

Substantial oil resources to be unlocked in Norway through increased recovery projects

Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics company. Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, comments: “Field expansion projects in Norway...

Suriname hoping to replicate Guyana’s ‘one find after the other’ lucky run

As oil discoveries in Guyana continue to ramp up in what industry analysts have described as a ‘remarkable series of results’ since the world class Liza find in 2015, neighbouring Suriname says it hopes to replicate this soon. The country’s...

Halliburton introduces children to oil and gas

On Wednesday, US-based oil services company Halliburton, in collaboration with the University of Guyana, hosted day two of a three-day introduction to oil and gas for children. The program, entitled, The Science of Energy: A Children’s Workshop, was held...

Guyana on the radar of every major oil company in the world

The South American country of Guyana is on the radar of every major oil company in the world now that a total of 14 discoveries have been made offshore in just four years and it has been proven that...

Latest News

Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...