Eleven major oil and gas support service providers including TechnipFMC and Stena Drilling received the stamp of approval from the Local Content Secretariat for their five-year Master Plans. On October 19, the Minister of Natural Resources, Vickram Bharrat, met with...

The second edition of the Guyana Basins Summit (GBS) is over 90% sold out and ready for its opening next week, October 4-6, 2022 at the new Pegasus Suites & Corporate Centre. The Georgetown Chamber of Commerce and Industry (GCCI) is the lead...

TechnipFMC said Shell granted it a significant engineering, procurement, construction, and installation (EPCI) contract for the Jackdaw development in the United Kingdom (UK) North Sea. Shell took its final investment decision (FID) on Jackdaw in July after securing regulatory approvals....

TechnipFMC said that TotalEnergies awarded it a significant engineering, procurement, construction, and installation (EPCI) contract for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. The contract is valued somewhere between US$75 million and US$200 million. TechnipFMC will reconfigure and install umbilicals and...

President of ExxonMobil Guyana, Alistair Routledge, said the company is committed to doing everything it can to ensure the Gas-to-Energy project, set to deliver lower cost and lower emission power to the new oil producing country, is successful. “It’s a...

Hess Vice President for Guyana and Suriname, Timothy Chisholm, said the Gas-to-Energy project would not only power industry and economic growth in Guyana but would help provide a reliable and cleaner source of energy to help meet rapidly growing...

TechnipFMC said Monday it was awarded a significant contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the Gas-to-Energy Project in Guyana. The company said ‘significant’ refers to agreements valued between US$75 million and US$200 million. The funds...

TechnipFMC (NYSE: FTI) has been awarded a significant engineering, procurement, construction, and installation (EPCI) contract by Equinor for subsea tiebacks for the Halten East development on the Norwegian Continental Shelf. For TechnipFMC, a “significant” contract is between $75million and $250million. The contract...

A new oil and gas corridor is quickly emerging in Guyana on the East Bank of Demerara where several oil field services companies have been setting up operations in recent years. “It seems as though Houston in Guyana is becoming like Houston in Texas;...

French American conglomerate, TechnipFMC has been awarded a fresh contract by ExxonMobil Guyana for its fourth development in the Stabroek Block – Yellowtail. The contract, worth between US$75 million and US$250 million, according to TechnipFMC, covers the supply of six flexible risers qualified to withstand...