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T&T, China governments partner on ship facility construction

OilNOW -
Trinidad and Tobago’s CNC3 is reporting that the government of the oil producing Caribbean nation is working closely with the Chinese government to build a ship servicing facility there as part of an initiative to diversify the economy away...
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Guyana Shore Base eyeing expansion to double its capacity

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Guyanese majority owned Guyana Shore Base Inc. (GYSBI) will double its capacity in phase 2 of its expansion programme which will see the facility’s usable area and wharfage increasing by over 100%. Under its Phase 2 Expansion Programme, GYSBI plans...
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Dyna-Mac awarded contract for Liza Unity topsides

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Singapore-based Dyna-Mac will be working on the topside modules for the 220,000 bpd Liza Unity floating production storage and offloading vessel for ExxonMobil’s second development offshore the South American country of Guyana. According to a report in Upstream, Dyna-Mac confirmed...
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‘Guyana’s 1 barrel per person per day will be truly transformative’ – Chatam House Researcher

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The South American country of Guyana is on course to produce 750,000 barrels of oil per day by the mid-2020s, which, with its small population of equal number, makes the potential for massive transformation tremendous. Speaking at the Guyana Petroleum...
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Guyana’s Energy Department seeking multiple specialists

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Guyana’s Department of Energy (DE) is seeking a number of specialists as efforts continue to build capacity for the South American country’s emerging oil and gas sector. Speaking at a press conference in Georgetown, Guyana, on May 3, DE Director,...
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14 Saipem workers hurt in fire off Azerbaijan

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Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....
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OTC 2019: Guyana regulator encourages investors to consider shallow waters

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Acting Commissioner of the Guyana Geology and Mines Commission (GGMC) Newell Dennision on Wednesday on the second night of the Offshore Technology Conference (OTC) in Houston Texas, encouraged oil companies to look at the shallow waters offshore Guyana as...
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SBM confirms award of Liza 2 floater contract

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SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...
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Occidental set to acquire Anadarko in $57 billion deal

OilNOW -
Occidental (NYSE: OXY) on Thursday entered into a definitive agreement that will see it acquiring Anadarko Petroleum Corporation (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a...
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Schlumberger hires 12 Guyanese from TOTALTEC Academy Program for Oilfield Operations

OilNOW -
Schlumberger has hired 12 persons from the 5th graduating class of the TOTALTEC International Petroleum & Maritime Academy (IPMA). According to a press release from TOTALTEC, six will begin their careers with additional training in Trinidad while the other...
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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...

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