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Guyana Energy Director tours Stena Forth drillship

OilNOW -
Director of Energy, Dr. Mark Bynoe recently visited the Stena Forth drillship which is currently exploring for oil at the Orinduik block offshore Guyana, after making its first discovery at the Jethro-Lobe well a few weeks ago. Dr. Bynoe said...
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Guyana to set up Local Content Compliance Unit to validate information submitted by oil companies – Dr Bynoe

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The Guyana Government has announced plans for the imminent establishment of a Local Content Compliance Unit to validate information submitted by oil companies operating in its offshore basin. The disclosure was made on Wednesday, August 29, by Director of Guyana’s...
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Guyana poised to be the ‘new Qatar’ – AMI Snr Director

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Guyana is the new Qatar, poised to become a ‘juggernaut’ in the global energy circle, given the discoveries of voluminous deposits of hydrocarbons offshore the South American nation. This is according to Americas Market Intelligence’s (AMI) Senior Director, Remi...
Exploration

S-Cube algorithm helped Tullow strike oil at Guyana well

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(Offshore Energy) Tullow Oil has discovered oil at its Jethro-1 well in Guyana using the XWI algorithm developed by technology company S-Cube. The XWI algorithm allows entirely data-driven earth model building with more automation and accuracy. The cloud solution helps...
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Guyana’s 1st floating oil production complex arrives

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The 120,000 barrels per day Liza Destiny Floating Production Storage and Offloading (FPSO) vessel has sailed into Guyana waters where installation activities will soon get underway in preparation for first oil, just months away. “This is a historic and momentous...
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Total, Qatar Petroleum ink asset transfer deals

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French oil major Total said Tuesday Qatar Petroleum is farming into its offshore acreage in Namibia, Kenya and Guyana, further strengthening their international partnership, Kallanish Energy reports. Following approval of the deals, Qatar Petroleum will gain a 30% stake in Namibia’s Block...
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More than GY$29 billion spent on goods and services since 2015 from Exxon’s operations in Guyana

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Since 2015, ExxonMobil Guyana and its major contractors have expended more than $29 billion Guyana dollars on the procurement of goods and services ranging from foodstuff to engineering. This has led to the evolution of new services, which include,...
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TechnipFMC’s 600th subsea tree arrives in Brazil for installation at Guyana’s Liza field

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UK based oil services company TechnipFMC recently celebrated the delivery of the company's 600th subsea tree in Brazil, which will be installed at ExxonMobil’s Liza field offshore Guyana. The event, which took place at the company’s assembly plant in Rio...
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Positioning Guyanese to benefit from opportunities in oil and gas

OilNOW -
A consulting firm in Guyana is seeking to educate stakeholders on the various employment and business opportunities in the country’s emerging oil and gas sector. Guyana Global Consulting Group (GGCG) will host an information and networking event entitled, “Building...
News

Tullow spuds second Guyana wildcat at Orinduik

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Tullow Oil’s junior partner at the Orinduik Block, Eco (Atlantic) Oil & Gas Ltd. on Tuesday announced that it has commenced drilling of the Joe prospect offshore Guyana. The company spud Joe-1, the second exploration well on the Orinduik...
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Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The...

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