International engineering giant Bechtel is working closely with the Government of Guyana to develop a deep-water port in Berbice, Region Rix (East Berbice-Corentyne). This is according to President of the South American country, Dr. Mohamed Irfaan Ali.
The facility is...
Muneshwers Limited and John Fernandes Limited, through its joint venture Cranes Guyana Inc., will invest over US$285 million for a modern port facility in Berbice.
The project, which was first announced during this year’s Local Content Summit, is expected to...
Venezuelan state oil firm Petroleos de Venezuela SA (PDVSA) has ordered Chevron Corporation to return nearly one million barrels of oil, amid payment uncertainty related to U.S. sanctions.
Reuters - citing shipping data and sources - reported on April 14...
Hess Corporation said in its 2024 annual report that potential remains for up to 10 floating, production, storage and offloading vessels (FPSOs) offshore Guyana, as operator ExxonMobil progresses with a multi-phased development plan in the South American nation.
To date,...
ExxonMobil produced 4.3 million oil-equivalent barrels per day in 2024, the company’s highest rate in over a decade, according to its recently published annual report.
“This record production helped meet record global demand in 2024,” Chief Executive Officer Darren Woods...
Guyana’s first Artificial Intelligence (AI) Data Center will be built in Berbice, powered by energy from the country’s second gas development project, President Dr. Irfaan Ali announced on April 12.
A second natural gas pipeline will be built to land...
As of April 10, 1,250 local companies have registered with Guyana's Local Content Secretariat, and 75 of those companies are 100% female-owned.
Women's participation in the energy sector is rising, with their involvement becoming crucial as the industry expects to...
Muneshwers Ltd. and John Fernandes Ltd. are working through their joint venture, Cranes Guyana Inc., to bring a modern port to the South American nation’s coast.
The two leading shipping and logistics companies are setting the stage for what could...
Noble Corporation has secured a 390-day contract extension from Petrobras Colombia for its Noble Discoverer semi-submersible rig.
In an April 10 LinkedIn post, Noble said the extension pushes operations through to around August 14, 2026.
Exxon Guyana drilling operations providing exciting...
Guyana is weighing the use of bonds as a financing tool to deepen local participation in its growing oil and gas sector. This is according to Vice President Bharrat Jagdeo during his weekly press briefing on April 10. The...
