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Strohm secures largest pipe supply contract in its history from TotalEnergies for Brazil project

OilNOW -
Strohm has been awarded a contract by TotalEnergies EP Brasil to supply TCP Flowlines for an offshore field in the Santos Basin, part of the Brazilian pre-salt region. This contract, according to the company, is the largest commercial award...
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“I bet my whole career on Guyana” – former Hess Exec. Tim Chisholm 

OilNOW -
Tim Chisholm, a former executive at Hess Corp., made a bold career-defining bet on Guyana's oil potential. In 2014, Chisholm was instrumental in Hess taking a 30% stake in the Stabroek Block, a decision he passionately defended.  “I bet my...
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Subsea7 anticipates billion-dollar contract for Suriname Block 58 project

OilNOW -
Subsea7 is closely watching Suriname’s offshore oil sector, with hopes of winning a massive subsea contract to support TotalEnergies’ Block 58 project.  In a Q2 earnings presentation, Subsea7 listed the Suriname project among a selection of Invitations to Tender (ITT)...
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Tender out for 15 MWp solar system at Linden

OilNOW -
Guyana Power and Light Inc. (GPL), the main State electricity provider, has invited bids for a solar system at the town of Linden.  The contract is for engineering, procurement and construction of three utility scale ground mounted solar photovoltaic plants...
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Guyana, Suriname key players in global oil and gas development 

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Guyana and Suriname are becoming pivotal areas for oil and gas development, with the potential to significantly influence global energy dynamics, according to Patrick Jelinek, EY Americas Oil and Gas Leader. Jelinek notes that Guyana's nascent energy sector offers both...
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Proposals under review for deepwater port to boost global trade for Guyana, Brazil – Jagdeo

OilNOW -
Guyana Vice President Bharrat Jagdeo discussed plans for the development of a massive deepwater port in Berbice. The government is aiming for a port that could significantly improve trade logistics, reduce shipping costs, and integrate with northern Brazil’s trade...
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Guyana, Permian assets push Exxon Q2 earnings to 2nd highest in a decade

OilNOW -
ExxonMobil Corporation announced its second-quarter 2024 earnings, reporting US$9.24 billion in earnings for the quarter and US$17.5 billion year-to-date, compared to US$19.3 billion in the first half of 2023.  Earnings excluding identified items were US$17.5 billion, down from US$19.5 billion...
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Government not convinced CGX can fund operations, find a capable partner – Jagdeo

OilNOW -
A week after noting the Guyana government’s hesitance to give CGX Energy more time to appraise its Wei-1 discovery, Vice President Bharrat Jagdeo elaborated on why.  At a Wednesday press conference, Jagdeo said the company did not give satisfactory answers...
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Seven hotels to open by 2025 in Guyana, employ 3,000 – Jagdeo

OilNOW -
Guyana's Vice President Bharrat Jagdeo says seven hotels are under construction and are expected to open their doors by next year in the South American country. The government expects the expansion in the hospitality sector to employ approximately 3,000...
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Hess’ Guyana net to dip to 170,000 b/d in Q3, due to Liza downtime

OilNOW -
Hess said its net production in Guyana is expected to drop between the 170,000 to 175,000 barrels per day (b/d) range, its Q2 earnings report said. Hess has a 30% stake in the Stabroek Block, where Exxon produces oil...
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Letter-to-the-Editor: Strengthening Guyana’s oil spill response is a win for both the environment and the economy 

Dear Editor, The recent completion of the Oil Spill Response & Shoreline Cleanup Assessment Techniques Course and Incident Command System...

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