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Exxon to host virtual feedback session for Guyana vendors

OilNOW -
ExxonMobil Guyana Limited (EMGL) is organizing a Contracting Activity Feedback Session for vendors on Thursday, December 12, 2024.  ExxonMobil initiates search for telecom cabling services in Guyana | OilNOW  The company indicated that the virtual meeting would run from 9:00 a.m....
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Exxon testing Guyana market for fabrication, machining, and repair services

OilNOW -
ExxonMobil Guyana Limited (EMGL) is conducting a Local Market Condition Survey to assess the capabilities of local suppliers for fabrication, machining, and repair work.  The company in a public request for information said the survey aims to identify qualified suppliers...
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Suriname Awareness Symposium for Jan. 2025 as country gears for first offshore oil development

OilNOW -
Suriname Awareness Symposium 2025 (SAS2025) aims to build Suriname's future through the development of the energy sector. This event will bring together key stakeholders to discuss and strategize on local economic development, stakeholder collaboration, and economic diversification.  On a rainy...
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SBM Offshore expects US$1.9 billion in EBITDA this year, driven by Guyana FPSO sales

OilNOW -
SBM Offshore has updated its 2024 guidance for earnings before interest, taxes, depreciation and amortization (EBITDA)to US$1.9 billion, representing a 46% increase from the previous US$1.3 billion projection.  This significant boost is primarily attributed to the completion of the US$1.23...
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Guyana looking to Rubio for strong hand in controversy with Venezuela

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With Florida Senator Marco Rubio named as Donald Trump’s pick for Secretary of State, the Guyana government expects strong support from the upcoming United States administration in its border row with Venezuela.  “We’re very pleased also that Senator Rubio will...
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Saipem, TechnipFMC hired for subsea work on Block 58 development

OilNOW -
Saipem and TechnipFMC said they were hired to undertake subsea work in support of the first oil development offshore Suriname. The Gran Morgu project is being pursued by TotalEnergies, in partnership with APA Corporation. The project will combine TechnipFMC’s subsea...
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SBM Offshore, Technip Energies to deliver ‘all-electric drive’ FPSO for Suriname’s first deepwater development

OilNOW -
SBM Offshore said it has been awarded, in partnership with Technip Energies, contracts for the Gran Morgu field development project in TotalEnergies’ Block 58. Under these contracts, the duo will construct and install an all-electric drive floating production, storage and...
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Guyana inks deal for second powership as holiday season approaches

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The Guyana government has inked a contract for a second powership to be deployed in Guyana by UCC Holdings, for the delivery of 75 megawatts (MW) of additional generating capacity. The agreement was signed on November 13 in Georgetown, by...
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Touchstone averages 5,211 boe/d production in third quarter

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In the third quarter of 2024, Touchstone Exploration achieved an average quarterly production of 5,211 barrels of oil equivalent per day (boe/d), 75% of which was natural gas, marking a 54% increase from 3,391 boe/d in the same period...
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Halliburton setting up shop in Namibia

OilNOW -
Halliburton said it will open new facilities in Namibia, the growing oil frontier in southern Africa. The company said its in-country operations will be supported by facilities at Windhoek, Walvis Bay, Swakopmund, and Lüderitz—a combined footprint of 20,000 m². The...
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Guyana gas resources set to power new state-of-the-art AI data centre

In a bold step toward shaping the future of technology in South America and the Caribbean, the Government of...

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