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“Guyana is a land of opportunity” says British High Commissioner

OilNOW -
British High Commissioner Jane Miller has declared that "Guyana is a land of opportunity" for UK businesses.  Speaking ahead of the International Business Conference (IBC) 2024, Miller underscored the vast potential for UK companies in key sectors such as infrastructure,...
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600 people to be hired during drilling stage of Suriname’s Block 58 project 

Shikema Dey -
Paramaribo, Suriname - TotalEnergies anticipates job opportunities for around 600 people during the drilling phase of its US$9 billion Block 58 development offshore Suriname.  However, it was outlined in the company's environmental and social impact assessment (ESIA) that this pool...
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Staatsolie boss in favour of local content policy instead of law    

Shikema Dey -
Paramaribo, Suriname - As plans continue to move forward for Suriname’s first offshore oil production project, Managing Director of state oil company Staatsolie, Annand Jagesar, believes the country would do well with a local content policy instead of a...
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TGS, Petrobras sign MoU to drive innovation, sustainability in Brazil’s energy sector

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TGS, a global leader in energy data and intelligence, and Petrobras announced the signing of a Memorandum of Understanding (MoU) to collaborate on scientific research and technological development in Brazil. The partnership aims to leverage the expertise and resources...
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TotalEnergies could potentially subscribe to Guyana-based capping stack service for its first development offshore Suriname

Shikema Dey -
Paramaribo Suriname - With Guyana now having a capping stack in country, TotalEnergies is considering a subscription as plans progress for Suriname’s first offshore development.  TotalEnergies Vice President - Health, Safety, Security, and Environment, Simon Byrne, confirmed this on Aug. 28...
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Jagdeo talks up hotel incentive regime as Hilton announces Guyana debut

OilNOW -
Guyana's Vice President, Bharrat Jagdeo, reaffirmed the government's hotel incentive regime during a press conference on Wednesday. This follows Hilton's announcement of its entry into the Guyanese market with the signing of the dual-brand Hilton Georgetown and DoubleTree Suites...
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Eco Atlantic completes farm down of South Africa Block, strengthens focus on Guyana and Namibia

OilNOW -
Eco (Atlantic) Oil & Gas Ltd. has completed a farm down of its 13.75% interest in Block 3B/4B offshore South Africa. The transaction involved the transfer of operatorship to TotalEnergies following regulatory approval. Eco Atlantic now holds a 6.25%...
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CRP Subsea secures ‘major’ contract for deepwater oil field project in Guyana 

OilNOW -
UK-based CRP Subsea has been awarded a “major” contract from an unnamed “leading energy technology company,” for an offshore oil field project located approximately 200 kilometers off the northern coast of Guyana. The announcement was made by AIS, CRP Subsea’s...
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Exxon projects oil, gas will continue to take up majority of world energy demand in 2050

OilNOW -
ExxonMobil released its Global Outlook 2050, which projects oil and gas will continue to take up a majority of energy demand.  Exxon projects that energy demand will rise in 2025 from 600 quadrillion British thermal units (BTU) to 664 quadrillion...
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GYSBI on hiring spree: 76 new employees in one day, more incoming to fill oil sector labor deficit

OilNOW -
Guyana Shore Base Inc. (GYSBI), in collaboration with Muneshwers Limited and its Joint Venture partners, has hired 76 individuals on the spot during a job fair held at the Everest Cricket Club. The event was part of a broader...
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TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future...

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