Showing results for:

Preparing Guyanese women for opportunities in oil and gas a top priority for local NGO

Guyanese Non-Governmental Organization (NGO), Women in Oil and Gas, is seeking to change age-old stereotypes about the way women are perceived as to their readiness and suitability for technical fields, including those in the petroleum sector. So says Dr. Dawn...

Over 1,000 surveys conducted with Guyanese companies to guide capacity building activities for oil and gas

The Center for Local Business Development (CLBD) is continuing its push to improve the capabilities of Guyanese companies to tap into opportunities in the emerging oil and gas sector. A study has been conducted in this regard, which is...

Guyana can become world supplier of natural gas – Bobby Gossai Jr.

Guyana can become a world supplier of Liquified Natural Gas (LNG) in the coming years, given the vast hydrocarbon resources found offshore the South American country and the growing demand for gas, as economies wean themselves off of fossil...

Guyanese business operators taking risks, building capacity for emerging oil and gas industry

Guyana is on a rapid journey to becoming one of the top oil producers in the Latin America and Caribbean region, going from no known resources just five years ago, to having more than 8 billion barrels of oil...

Oil workers flee as third storm in month aims for U.S. offshore fields

(Reuters) - Royal Dutch Shell halted some oil production and began evacuating workers from a U.S. Gulf of Mexico platform, the company said on Friday, as a new tropical storm flared. Beta, the 23rd named storm of the Atlantic hurricane...

Upfront investment in proprietary data, technology behind multi-billion-barrel discoveries offshore Guyana – ExxonMobil

The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and technology the company has developed over the years. Company officials told participants at the Caribbean Virtual Oil and...

Respect for international law and norms critical at this time, vital for oil and gas – Mia Mottley

The emergence of Guyana and Suriname as key energy producers in CARICOM has the potential to significantly increase cross-border trade, investment, and regional prosperity. However, Prime Minister of Barbados, Mia Mottley, is warning that this will only be successful...

SBM Offshore plans to put more Guyanese on FPSOs and in shorebase offices – Michiel Heuven

SBM Offshore is looking to increase its local workforce and build the capacity of Guyanese to take up more leadership positions in its operations in the new oil producing South American country. This is according to the company’s Head...

SBM Offshore in talks for giant Brazil FPSO

Dutch floater specialist SBM Offshore has entered negotiations with Petrobras for a charter contract for the FPSO Almirante Tamandaré. The vessel will operate in the Buzios field in the Santos basin, offshore Brazil. SBM Offshore said Tuesday the anticipated production capacity of...

Opposed to flaring, open to offshore development – Guyana looking to maximise benefits from oil

In what is quite possibly its sharpest criticism of one aspect of ExxonMobil's offshore activities, Guyana's Vice President Bharat Jagdeo said last week that his government is “opposed to flaring.” His comment came at a press conference hosted by...

Latest News

AI work identifies four new Guyana discovery opportunities for ExxonMobil

ExxonMobil has identified four additional potential discovery opportunities in Guyana after applying artificial intelligence to its Stabroek Block exploration...