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Stena Drilling secures TotalEnergies contract for Suriname well

OilNOW -
Stena Drilling has been awarded a contract by TotalEnergies to drill a well in Suriname, the Aberdeen-based company announced on Wednesday. The Stena Drillmax will begin operations in Suriname in the second quarter of 2025  under a one-well program, with...
News

Yellowtail project is 95% completed – John Hess 

OilNOW -
Guyana’s fourth Stabroek Block development, Yellowtail, is approximately 95% complete, according to an update from Hess's Chief Executive Officer, John Hess, speaking at the recent Goldman Sachs conference.  The Yellowtail Development includes six drill centers and up to 67 wells,...
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Exxon forging ahead with development drilling at Yellowtail 

OilNOW -
ExxonMobil Guyana is progressing with developmental drilling at the Yellowtail well site in Guyana's Exclusive Economic Zone. According to Guyana's Maritime Administration Department (MARAD), the Noble Tom Madden is leading the operations, which are expected to conclude by October 31. The...
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South American ‘model oil producer’ launches fourth edition of flagship conference

OilNOW -
The Guyana Energy Conference and Supply Chain Expo officially launched the fourth edition of the country’s flagship event, set to be held February 18-21, 2025 at the Marriott Hotel in Georgetown.  Themed ‘Connecting the Dots: Integrating the Future, 82 companies...
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DOF Group secures major contracts with Petrobras

OilNOW -
DOF Group has been awarded two significant long-term contracts by Petrobras. These include a major contract for the pipelay support vessel (PLSV) Skandi Niterói and a very large contract for the anchor handling support vessel (AHTS) Skandi Botafogo. The Brazilian-built...
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Noble Bob Douglas continues development drilling at Yellowtail site 

OilNOW -
ExxonMobil Guyana is forging ahead with developmental drilling operations at the Yellowtail well site within Guyana’s Exclusive Economic Zone.  According to a June 19 notice from Guyana’s Maritime Administration Department (MARAD), the Modu Bob Douglas is spearheading the drilling activities,...
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SBM Offshore, Technip Energies tackle floating offshore wind with new JV

OilNOW -
SBM Offshore and Technip Energies have announced their collaboration through the signing of a Memorandum of Understanding to establish a new joint venture entity named EkWiL. The venture aims to be a leading player in the floating offshore wind...
News

ExxonMobil to host forum for Guyanese drilling suppliers with major contractors

OilNOW -
ExxonMobil will host an informational forum for Guyanese businesses interested in supporting local oil and gas drilling activities. The January 11 forum will be held at the Marriott Hotel in Kingston, Georgetown from 1 p.m.  The company said its major partners...
News

86 subsea tree awards anticipated in H2 2023, H1 closes with 196 – Westwood

OilNOW -
The first half of 2023 closed with 196 subsea tree awards, according to new data by Westwood Global Energy Group, released on August 14. The industry's gaze now turns to the remaining months of 2023, when the anticipation of...
News

Uaru FID among major projects pushing 2023 rig contracting activity

OilNOW -
The latest Offshore Rig Market Snapshot from Evercore ISI - a US-based economic research firm - notes a positive uptick in deepwater drilling rig contracting activity this year driven by recently sanctioned projects.  Guyana’s fifth development - Uaru is on...
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NewsShikema Dey -

Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector...

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