News

Guyana to weigh local auditors’ contribution before next Exxon audit phase

Guyana's government is taking a contemplative approach to future audits of Exxon's costs. Vice President Dr. Bharrat Jagdeo recently revealed that the administration is awaiting conclusions from the 2018-2020 cost audit before deciding on the path forward for subsequent...

Two Guyanese nationals off to Massachusetts on Noble scholarships

Two deserving students, Dianna Persaud and Kavita Singh, have embarked on their higher education dreams at the Massachusetts Maritime Academy, a public university located in Buzzards Bay, Massachusetts. Noble Corporation, a critical drilling company for Exxon’s Guyana operations, has...

Bp, Subsea Integration Alliance pave way for enhanced project performance

Subsea Integration Alliance (SIA), a strategic global partnership between Subsea7 and OneSubsea™, has entered into a memorandum of understanding (MoU) with oil giant, bp. This MoU, announced by Subsea7, aims to create a foundational agreement to streamline integrated subsea...

GYSBI awards 11 technical scholarships out of 300 Guyanese applicants

Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July. The students are Venola Allen from Warapoka Village, Region One, and...

Oil nation clinches first CPL title; ‘nothing short of exceptional’ says President Ali

History was made on Sunday at Providence as the ExxonMobil-sponsored Guyana Amazon Warriors won the 2023 Republic Bank Caribbean Premier League (CPL) final, defeating the Trinbago Knight Riders by nine wickets. This marks Guyana’s maiden CPL title for the franchise.  In...

Exxon might have eight drillships operating simultaneously offshore Guyana in H2 2025

ExxonMobil Guyana is ramping up its exploration and drilling activities offshore Guyana. A recent report suggests that the company might deploy up to eight drillships simultaneously in the latter half of 2025, underscoring the scale of its operations in...

Guyana will hire company to track oil production

Guyana's Vice President, Dr. Bharrat Jagdeo, says government will be looking to establish an independent mechanism for monitoring ExxonMobil’s oil production. During a September 21 press conference, Dr. Jagdeo stated, "The next steps are to go to tender, a...

Shell, bp consortium set to explore TT deepwater blocks 

A consortium comprising BP and Shell has inked an agreement with Trinidad and Tobago, greenlighting the exploration of three deepwater blocks—25a, 25b, and 27—for hydrocarbon production. Trinidad and Tobago's Minister of Energy, Stuart Young, confirmed that the cabinet has approved...

McDermott secures contract for Wahoo field pipeline installation offshore Brazil

Offshore installation and construction services provider McDermott has been awarded a significant transportation and installation contract by PRIO (formerly PetroRio) for the Wahoo field, located offshore Brazil. The undisclosed-value contract entails the transportation and installation of approximately 19 miles (30...

Venezuela’s referendum on border controversy raises concerns with Guyana – gov’t

Guyana’s government has expressed deep concern over the recent decision by the Venezuelan National Assembly to conduct a referendum regarding Venezuela's claim to Guyana's territory of Essequibo. It views this move as having the potential to escalate tensions between...

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Capping stack now just weeks away from arriving in Guyana – Exxon 

The arrival of a capping stack in Guyana is imminent, ExxonMobil Guyana President, Alistair Routledge said. The government mandated...