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Saipem strikes $230M in offshore agreements

Saipem, the same company that was earlier this year awarded a subsea contract by ExxonMobil for its Liza project offshore Guyana, has recently entered agreements to the value $230M for other offshore drilling activities in the Mediterranean, Black Sea...

GOGA pushing for development of technical skills in oil & gas

Developing technical skills among Guyanese for jobs in the oil and gas sector is being treated as a top priority by the Guyana Oil and Gas Association (GOGA). The entity is actively engaging a number of external partners which...

Dutch Fugro willing to support training, education of Guyanese in oil & gas

Dutch company, Fugro, says it is willing to participate in efforts to educate Guyanese on offshore exploration and production operations. Fugro is already providing specialized training to a number of persons employed at Ground Structures Engineering Consultants Inc.; a Guyanese...

Global offshore mooring systems market expected to reach USD1.32B by 2025

Increasing oil and gas production and exploration from the offshore fields and the rising development of shale drilling regions are expected to drive the demand for the offshore mooring market. Innovation of new technologies for development of new systems in...

Guyanese and Dutch company forging ahead with new partnership in oil & gas sector

Guyanese firm, Ground Structures Engineering Consultants Inc. and Dutch company, Fugro, are forging ahead with a new partnership in the South American country’s emerging oil and gas sector. Already, several Guyanese are receiving specialized training in sea survival and...

Onshore Base: Crab Island location not final but has advantages – Trotman

Guyana’s Minister of Natural Resources, Raphael Trotman, on Wednesday disclosed that while Crab Island is considered to have some comparative advantages for the establishment of an onshore supply base for the country's emerging oil and gas industry, no final decision...

SBM Offshore wins OTC ‘Spotlight on New Technology’ award for its innovative FPSO system

SBM Offshore has received the prestigious 2017 Offshore Technology Conference (OTC) Spotlight on New Technology award. OTC recognizes innovative technologies each year with this accolade. This awards program is exclusively for OTC exhibitors and showcases the latest and most advanced...

Discussions on Guyana’s emerging oil & gas industry taken to Berbice

Several dozen people attended a discussion on Guyana's emerging oil and gas industry on Wednesday afternoon in East Berbice, Region 6. This is the same geographic area the Guyana government has signaled plans to have an Onshore Supply Base established,...

British investors signal interest in Guyana oil and gas sector

During a recent state visit by Guyanese officials to the United Kingdom, British investors signalled their intention to invest in Guyana’s oil and gas sector. Late April, First Vice President and Minister of Foreign Affairs, Carl Greenidge accompanied Guyana's...

Fugro boosts specialist oil & gas services in Guyana

Fugro is to boost its marine site characterization services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The new relationship will facilitate training for Guyanese...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...