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Guyana Shore Base is now a 24hr facility employing 94% locals

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...

Guyana, TT O&G JV rapidly expanding to serve offshore industry

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...

Guyanese students learn about offshore exploration at public forum

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...

600 Guyanese companies working in oil and gas – CLBD

Guyanese companies working in the South American country’s emerging oil and gas industry face a race against time to bring themselves up to the required industry standards and the Centre for Local Business Development (CLBD) is supporting such entities...

ExxonMobil briefs City Council on Guyana offshore operations

As first oil from the giant Liza field offshore Guyana draws near, ExxonMobil – operator in the 6.6 million acres Stabroek block - updated officials of the Georgetown Mayor and City Council on the company’s operations in the South...

Hundreds flock to oil and gas job fair in Guyana as industry preps for take off

Hundreds of Guyanese flocked to a job fair on Thursday organized by El Dorado Offshore (EDO), one of the companies in the South American country providing human resource services to the emerging oil and gas industry. The event, the second...

SBM Offshore secures contracts for 3rd Guyana FPSO

SBM Offshore said on Thursday ExxonMobil Guyana has awarded the Company contracts to perform Front End Engineering and Design (FEED) for the Floating Production, Storage and Offloading vessel (FPSO) for the Payara development project located in the Stabroek block...

Oil to shore can be a “magnet for corruption” – Bloomberg column warns

An opinion piece by Bloomberg columnist, Mac Margolis, published on Tuesday, November 5, outlines a number of observations and recommendations for South America’s newest oil and gas hotspot - Guyana, on how the country can best navigate the road...

Guyana, Ghana companies partnering to supply workers for offshore rigs

Ghana headquartered Unicon Western Engineering Services –a subsidiary of Unicon Western Holdings –has teamed up with a Guyanese company, Amazonia Expert Services Limited, to launch UNICON Guyana Inc. (UGI). UGI will be responsible for recruiting and training labourers for work...

Bloomberg: Giant Brazil offshore oil find might be expensive for Exxon

Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios field up for auction next week, Bloomberg said in a report on Thursday. The Irving, Texas-based oil titan...

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Petrobras, partners secure long-term access to gas processing facility in Bahia

Petrobras and three private-sector gas producers have extended long-term access agreements for natural gas processing at the Catu Natural...