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MODEC seeking Guyanese firms to provide steel, fabrication services 

OilNOW -
Builder of Guyana’s fifth production vessel - Mitsui Ocean Development & Engineering Company Inc. (MODEC) - is seeking Guyanese firms that can provide steel and steel fabrication services.  MODEC in a public Expression of Interest (EOI) said it is looking...
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Guyana among countries pushing non-OPEC oil supply this year

OilNOW -
The oil supply outlook for non-OPEC producers for 2023 has hiked to 66.9 million barrels of oil per day (b/d) with Guyana, Brazil, the United States, Norway and Canada leading the pack.  Its estimate for global oil demand in...
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Major oil services company needs caterers for Guyana operations 

OilNOW -
Halliburton - one of the world's largest providers of products and services to the energy industry - is preparing to tender for catering services in support of its activities in Guyana. In a public Expression of Interest (EOI), Halliburton outlined...
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Two-thirds of Guyana offshore development costs pumped into wells, subsea infrastructure – Routledge

OilNOW -
ExxonMobil’s projects in Guyana’s Stabroek Block carry hefty prices. Its fifth – Uaru – carries the highest thus far: US$12.683 billion, since it will be the biggest offshore development, rivalling neighbouring Brazil. These projects require massive floating, production, storage and offloading...
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Exxon impact studies cater for higher production at projects offshore Guyana

OilNOW -
ExxonMobil's projects offshore Guyana are guided by environmental impact assessments (EIA) which consider the potential impacts of oil production beyond the design capacity.  These EIAs form part of the pool of documents which are reviewed and approved by regulators, before...
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Guyana’s Stabroek Block produced 11.5 million barrels of crude in January 2023

Kemol King -
ExxonMobil produced 11.5 million barrels of crude oil from the Stabroek Block’s Liza projects in January, marking a strong open to 2023. Production averaged 372,000 barrels per day (bpd), according to data from Guyana’s Petroleum Management Programme. The Liza Phase...
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Exxon seeking onshore/offshore emergency medical services for Guyana operations

OilNOW -
ExxonMobil Guyana is planning to put in place agreements for the provision of general and emergency medical services as its operations in the South American country continue to rapidly expand. According to two public Requests For Information (RFI), EEPGL is...
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With increasing offshore projects, SBM Offshore looks to expand Guyana supplier base

OilNOW -
SBM Offshore held a vendor forum on Friday, the closing day of the International Energy Conference and Expo 2023, at the Marriott Hotel. The company needs an expanded supplier base, as it is building, delivering and operating an increasing number...
News

OPEC expects Guyana to up 2023 crude production by more than 90,000 bpd

OilNOW -
The Organisation of Petroleum Exporting Countries (OPEC) expects Guyana to add about 90,000 barrels of crude per day (bpd) to its current output, according to the  January monthly oil market report. This would lift Guyana’s 2023 output 32 million barrels...
News

Fast4Ward concept revolutionised offshore projects – SBM Offshore CEO

OilNOW -
SBM Offshore’s Fast4Ward® concept is transforming the way offshore projects are developed.  “It really has changed the way we are doing projects in the industry,” said the company's Chief Executive Officer (CEO), Bruno Chabas, during the Naming Ceremony for the...
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MODEC completes delivery of Errea Wittu topsides modules with zero carry-over work

MODEC said it has successfully completed and delivered the Errea Wittu FPSO topsides modules at the BOMESC yard in...

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