Guyana’s Department of Energy (DE) said on Tuesday it has successfully completed the evaluation of eleven Expressions of Interest from international firms for support services in review and evaluation of ExxonMobil’s Payara Field Development Plans.
The Expressions of Interest received...
(The Maritime Executive) On December 23, the court overseeing the reorganization of Bourbon Offshore chose a purchase bid from Société Phocéenne de Participations (SPP), a company owned by Bourbon's creditors. The transfer of ownership of Bourbon's holding company, Bourbon...
(S&P Global) Brazilian crude and natural gas production soared to a fresh record high in November as oil output topped 3 million b/d for the first time ever in Latin America's largest producer, the country's National Petroleum Agency, or...
(Forbes) This December Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) made one of its largest oil and gas discoveries of the past three decades. The formation, dubbed Quesqui, is located onshore in Tabasco state, and is estimated to contain...
Former Minister of Energy of Trinidad and Tobago Kevin Ramnarine believes that three recent discoveries of oil or natural gas in South Eastern Trinidad are a significant development and proves that land-based oil production can possibly be resuscitated in...
Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.
Maersk said Monday the contract has an estimated duration of 322 days and is...
The Joint Venture partners at the 1,800km2 Orinduik Block offshore Guyana have opted to enter the next exploration phase of the Orinduik Petroleum Agreement and have since submitted their official notice to the South American country’s Department of Energy.
The JV...
Majority Guyanese-owned port company – Guyana Shore Base Inc. (GYSBI) has moved from operating on a 12-hour basis employing just a handful of Guyanese to what is now a 24-hr facility with a 94% local workforce.
Muneshwers Limited, Pacific Rim...
Support from National Hardware Guyana and Concepts & Services Company of Trinidad and Tobago has led to the formation of a new oil services company based in Guyana which is set to become the region’s newest oil producer in...
JHI Associates Inc. in collaboration with the American Chamber of Commerce Guyana (AMCHAM) on Tuesday held a forum in Georgetown targeting high school and university students on the geology and geophysics of oil exploration.
During the event held at Roraima...
