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ExxonMobil sees oil market in ‘early stages of recovery’, Guyana offshore remains top priority

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Even as it reported a third-quarter loss of $680 million on Friday following its largest-ever loss of $1.1 billion in Q2 2020, ExxonMobil Corporation said it sees the global oil market as being in the ‘early stages of recovery’...
News

ActionINVEST is latest Guyanese company to achieve ISO 9001 certification

OilNOW -
With support from the Centre for Local Business Development (CLBD), ActionINVEST Caribbean Inc. (ACI), formerly ActionCOACH Guyana, has achieved the ISO 9001:2015 certification from the Global Compliance Service USA. This certification is the international standard for quality management systems. Executive...
News

TechnipFMC seeks Guyanese firms for subsea project facilities

OilNOW -
TechnipFMC has invited Guyanese companies to submit Expressions of Interest (EOIs) for the construction of facilities it needs to support its subsea projects related to ExxonMobil’s production activities offshore Guyana. The date for the submission of EOIs is September 13,...
News

CLBD set to host webinar on evolution of Guyana’s safety culture this week

OilNOW -
The Centre for Local Business Development (CLBD) will host a Health, Safety, Security and Environment (HSSE) webinar on the evolution of Guyana’s safety culture this week. The discussion will focus on the evolution of safety standards in Guyana and...
News

Post-election chaos could threaten long-awaited oil windfall in Guyana

OilNOW -
By David E. Lewis and Anthony T. Bryan - Caribbean News Global At the end of last year, the tiny South American nation of Guyana made headlines as the country predicted to register the world’s fastest economic growth rate in...
News

Over 2,400 Guyanese suppliers now accessing O&G procurement opportunities

OilNOW -
More than 2,400 Guyanese businesses are now registered on the Centre for Local Business Development’s (CLBD) Supplier Registration Portal where they are able to access procurement opportunities in the oil and gas sector. Since the start of operations in July...
Exploration

ExxonMobil spent over US$35 million on Guyanese suppliers in Q1 2020

OilNOW -
ExxonMobil Guyana has spent over US$35 million or approximately 7.1 billion Guyana dollars on more than 500 local suppliers in the first quarter of this year. The company said local suppliers remain important to the success of its operations...
News

Saipem seeking EOIs for construction of Guyana fabrication yard

OilNOW -
Italian engineering and drilling services firm Saipem is inviting companies to express interest in bidding for the construction of a fabrication yard to support its operations at the Stabroek Block offshore Guyana. The contracting period has been given as second quarter...
News

O&G pushing Guyanese companies to adopt international standards

OilNOW -
Nabi Construction Inc. the Guyanese partner in the Nabi/KCL Oilfield Construction Services joint venture is one of a number of local companies benefiting from knowledge transfer and capacity building initiatives that are helping these firms tap into opportunities in...
News

Halliburton advertises more positions to support Guyana operations

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As oilfield services and drilling technology giant Halliburton continues to increase its workforce for its Guyana operations, it has advertised for a number of technical positions including accountant, mechanic/technician, demand planner and forklift driver. The vacancies were published online by...
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ExxonMobil drilling Hamlet-1 well in gas-rich southeastern Stabroek Block

ExxonMobil has started drilling the Hamlet-1 exploration well in the southeastern section of Guyana’s Stabroek Block. This area near...

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