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Saipem’s Castorone vessel in Guyana for Whiptail development works 

OilNOW -
Saipem’s Castorone vessel has commenced its campaign for Guyana’s Whiptail development. This was confirmed by Saipem’s Company Supply Chain Manager, Diego Vicke in a LinkedIn post on October 9.  Saipem’s scope of work entails the detailed engineering, procurement, construction, and...
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GTTCI launches 18-month Advanced Oil and Gas Diploma Program in Berbice, Guyana

OilNOW -
The Guyana Technical Training College Inc. (GTTCI) has officially launched its 18-month accredited Advanced Diploma in Oil and Gas course at the new, soon-to-be-completed campus in Port Mourant, Berbice. On October 6, 28 trainees were welcomed by Professor Emeritus Clement...
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Over 130 wells drilled at Stabroek Block in over a decade – Exxon Global Exploration head 

OilNOW -
ExxonMobil has drilled more than 130 wells offshore Guyana in the decade since its first major discovery. This is according to the Vice President of Global Exploration at ExxonMobil Upstream Company, John Ardill during a Production Sharing Contract signing...
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Exxon and the Liza legacy: A decade of oil development in Guyana

Shikema Dey -
Liza was the biggest, best prospect in a basin with zero discoveries. It kicked into gear the development of what is now known as one of the world’s prolific deepwater assets, the Stabroek Block. It is now 10 years...
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Berbice emerging as a key development hub amid Guyana’s rapid growth

OilNOW -
Former Dutch colony along Guyana’s coastline, Berbice, is steadily emerging as the country's next hub for development, with increased investments, infrastructure upgrades, and growing interest from stakeholders.  Major projects have already been set in motion in the country’s ‘Ancient County’,...
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Hess maintains potential for up to 10 FPSOs offshore Guyana

OilNOW -
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,...
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Guyana receives seven bids for phase 2 of Gas-to-Energy project

Kemol King -
Guyana on Monday received seven bids for the second phase of its landmark Gas-to-Energy project, which includes the design, construction, and operation of a 300-megawatt (MW) combined cycle power plant and a natural gas liquids (NGL) facility with a...
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CNOOC says Payara project in Guyana helped lift 2024 overseas output by 10.8%

OilNOW -
China’s state-owned offshore oil and gas producer CNOOC Ltd. said on Thursday (March 27) that its overseas production surged by 10.8% in 2024, driven in part by the commissioning of new projects, including the Payara development in Guyana. In its...
News

Guyanese group launches first phase of world-class Port of Vreed-en-Hoop 

OilNOW -
The first phase of a world-class offshore support and fabrication facility called the Port of Vreed-en-Hoop was launched Saturday at Plantation Best, West Bank Demerara.  A ceremony attended by over 300 people took place at the facility, situated on 400...
News

Hammerhead project rivals Liza with superior reservoirs

OilNOW -
ExxonMobil’s Hammerhead project, its seventh development in Guyana’s Stabroek Block, boasts reservoirs “as good as, or even better than”, the flagship Liza field, according to Alistair Routledge, President of ExxonMobil Guyana. He shared this detail during a recent episode...
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Baker Hughes backlog hits record US$32.1 billion as LNG, offshore orders surge

Baker Hughes has reported a record $32.1 billion backlog in the third quarter of 2025, driven by strong orders...

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