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Over 2,000 Guyanese trained by ODITC-3t EnerMech to boost oil & gas workforce

OilNOW -
ODITC—3t EnerMech has trained more than 2,000 Guyanese to date, providing essential skills for the energy industry in Guyana, the company noted in a LinkedIn post on Sept. 19.  The organization, established in 2021, offers a comprehensive range of training...
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TotalEnergies’ Block 58 project key to US$31 billion offshore O&G spend forecast – Westwood 

OilNOW -
TotalEnergies' Block 58 development offshore Suriname is a major contributor to an expected US$31 billion offshore oil and gas expenditure for the remainder of 2024, according to Westwood forecasts. The project will tap into an estimated 700 million barrels...
News

Guyana moves forward with second power plant, RFP now open for submissions

OilNOW -
The Government of Guyana (GoG) has invited qualified firms to submit proposals for the design, financing, and operation of Phase II of the Gas-to-Energy (GTE) project. The project will be governed by a 20-to-25-year Power Purchase Agreement (PPA), according...
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GYSBI expands scholarship programme amid Gas-to-Energy project commitment

OilNOW -
The Guyana Shore Base Inc. (GYSBI) has awarded technical scholarships to eleven outstanding students as part of its commitment to community development as it undertakes critical work on the Gas-to-Energy project at Wales, West Bank Demerara. GYSBI in a release...
News

TechnipFMC secures subsea contracts from Petrobras for Brazil’s pre-salt fields

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TechnipFMC has been awarded two significant subsea contracts by Petrobras to support Brazil’s pre-salt offshore fields. The first contract, valued between US$250 million and US$500 million, involves the design, engineering, and manufacturing of riser flexible pipe. It also includes associated...
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Guyana stands out globally; will maintain cost competitiveness despite expected drop in future oil prices – Norway firm

OilNOW -
South America's newest oil producer, Guyana, continues to stand out as a highly competitive destination for deepwater projects around the world. U.S. oil major ExxonMobil is currently spending around 20% of its total exploration and production (E&P) investments in...
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Saipem extends contract with Aker BP for Scarabeo 8 rig until 2026

OilNOW -
Italian oilfield services company Saipem has secured an extension of its contract with Norwegian energy firm Aker BP for the semi-submersible rig Scarabeo 8. The extension will keep the rig working on the Norwegian Continental Shelf until the end...
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ONE GUYANA FPSO completes final module lifts at Seatrium Yard

OilNOW -
SBM Offshore announced today that the ONE GUYANA floating, production storage and offloading vessel has completed its final module lifts at the Seatrium yard in Singapore.  This vessel, destined for ExxonMobil’s Yellowtail field in the Stabroek Block offshore Guyana, is...
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Guyana seeking crude marketers

OilNOW -
Guyana needs marketers to maximize returns from the sales of its growing crude oil production. The government, through the Ministry of Natural Resources, has issued an invitation for bids for the provision of marketing services for its oil entitlement...
Exploration

Exxon conducting drilling operations at Redmouth

OilNOW -
ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled the Redmouth-1 well in the second quarter of 2024.  The ‘A’ notation indicates that ExxonMobil has re-spud the well to relocate...
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OPITO takes lifting frameworks to new heights in the Caribbean

OPITO sets a new benchmark for lifting standards in the region, with dedicated training centers in Guyana, Suriname, and...

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