News

Tom Madden rig moves to Whiptail field as drilling development campaign advances

ExxonMobil Guyana Limited (EMGL) is continuing developmental drilling at the Whiptail Project’s WT_3P01 Drill Center, located within the Stabroek Block of Guyana’s Exclusive Economic Zone, according to a notice issued by the Maritime Administration Department (MARAD). MARAD stated that the...

Bourbon’s Mistral and Ruby vessels to deliver offshore fuel support for Exxon’s Guyana projects

Bourbon Guyana Inc. has applied to the Environmental Protection Agency (EPA) for approval to provide offshore bunkering services to ExxonMobil Guyana Limited’s Whiptail, Yellowtail, and Uaru projects within the Stabroek Block.  According to Bourbon’s project submissions, the operations will involve...

A look at Guyana’s engineering masterpiece, the New Demerara Bridge

Guyana’s skyline has a new landmark. On October 5, the much-anticipated New Demerara River Bridge officially opened, a 2,800-meter marvel that is already being hailed as a symbol of modern engineering, local collaboration, and strengthened China–Guyana relations. President Dr. Mohamed...

Number of high-impact exploration companies halves as discovered volumes slide – Westwood

A new report by Westwood Global Energy Group indicates that, despite shifting market conditions, high-impact exploration (HIE) remains a key focus, although the sector has become increasingly concentrated among fewer players over the past decade.  According to Westwood’s October 7...

Staatsolie’s 2024 Sustainability Report outlines low-carbon growth and offshore ambitions

PARAMARIBO, SURINAME - Staatsolie’s 2024 Sustainability Report showcases a year of major progress in responsible energy development, anchored by the company’s participation in the GranMorgu offshore project and a stronger focus on low-carbon, transparent and socially responsible growth.  The company’s...

Trinidad’s Dragon gas deal is back, but with a twist

The Dragon gas deal between Trinidad and Tobago and Venezuela has been resurrected, but its return comes with new elements.  On April 8, the U.S. government revoked licenses previously granted to Trinidad and Tobago for the Dragon and Manakin-Cocuina cross-border...

Saipem’s Castorone vessel in Guyana for Whiptail development works 

Saipem’s Castorone vessel has commenced its campaign for Guyana’s Whiptail development. This was confirmed by Saipem’s Company Supply Chain Manager, Diego Vicke in a LinkedIn post on October 9.  Saipem’s scope of work entails the detailed engineering, procurement, construction, and...

Project FLOW launches to provide clean water access for more than 58,000 students in Guyana 

The Greater Guyana Initiative (GGI), in collaboration with the Ministry of Education and Recover Guyana, officially launched its Signature Project: FLOW: National Water Purification and Sustainability Initiative for Public Secondary Schools, TVET Institutions, and Special Needs Schools in Guyana.  According...

Saipem’s Guyana workforce now 80% local, says Country Manager

Saipem Guyana’s operations are powered largely by Guyanese talent, according to Country Manager Gianluigi Della Rosa. In a LinkedIn post on October 8, Della Rosa said that of the 220 people employed at the company’s Vreed-en-Hoop shore base in...

Noble Regina Allen rig set to drill Korikori-1 exploration well offshore Suriname

Suriname's state oil company Staatsolie announced on Wednesday that drilling of the Korikori-1 exploration well at Block 5 will be carried out by the Noble Regina Allen rig, which is expected to arrive in the first half of October.  The...

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French firm gets five-year tech support contract from ExxonMobil Guyana

French geophysical technology company Sercel announced on Tuesday that it has been awarded a five-year contract for technical support...