News

SBM Offshore has been awarded contracts by Brazil's state-run oil company Petrobras to design, build and operate two floating production, storage and offloading (FPSO) vessels for the Sergipe-Alagoas basin offshore northeastern Brazil, the Dutch company said on Friday. The projects,...

Guyana’s fourth annual Local Content Summit will place practical business concerns at the center of this year’s agenda, with proposed changes to local content legislation, financing, workforce development, and supplier readiness among the main areas for discussion. The summit is...

The Centre for Local Business Development (CLBD) is offering businesses and individuals entry into Guyana’s oil and gas sector through strategic courses designed to build industry knowledge and strengthen procurement capabilities. CLBD is a Guyana-based organization that provides training, mentoring,...

ExxonMobil Guyana Limited (EMGL) has commenced subsea pipeline inspection activities for Guyana’s Gas-to-Energy (GtE) project, stretching from the West Coast of Demerara to offshore sections within the country’s exclusive economic zone (EEZ). According to a notice from the Maritime Administration...

ExxonMobil Guyana’s proposed Haimara development is introducing a new technical term to Guyana’s oil and gas industry: retrograde gas. The term appears in the company’s project summary for Haimara, which has been submitted for environmental review. The project has not...

Members of Guyana's Private Sector Commission (PSC) opted for continuity in leadership at the organization's Annual General Meeting on Friday, re-electing three of its four principal office bearers. Chairman Gerry Gouveia Jr., Vice Chairman Kathy Smith and Treasurer Imran Saccoor...

Lindsayca, the contractor developing the integrated gas processing facility under Guyana’s Gas-to-Energy (GtE) project, said it installed three heat-recovery steam generator (HRSG) bypass stacks at the Wales, West Bank Demerara site. The U.S.-based contractor, in a LinkedIn post on May...

Guyana is among a group of oil-exporting countries benefiting from higher global crude prices amid disruptions in the Strait of Hormuz, according to Clyde Russell, Asia Commodities and Energy columnist at Reuters. Russell, in a May 28 column, said rising...

ExxonMobil Guyana’s project summary for the intended Haimara gas development noted plans to also tap the Hatchetfish and Bluefin wells.  Published on the Environmental Protection Agency’s website, the summary outlined “The proposed Haimara Development Project…will develop the Haimara, Bluefin and...

SBM Offshore has received a Statement of Maturity from the American Bureau of Shipping (ABS) for its seawater intake riser (SWIR) technology, a subsea cooling system designed to improve energy efficiency and reduce emissions on floating production, storage, and...