Chevron plans to lay off approximately 575 Houston-based employees on September 26, according to a Worker Adjustment and Retraining Notification (WARN) filed with the Texas Workforce Commission on Wednesday, the Houston Chronicle reported.  The affected employees are all from the...

President Dr. Irfaan Ali has revealed that a comprehensive feasibility study for the Berbice Deepwater Port is currently underway. Led by global engineering giant Bechtel, the project has full support of the government and key energy stakeholders. Addressing the Shipping...

Chevron Corporation has officially stepped into Guyana’s energy landscape through its recent acquisition of Hess Corporation, one of the original stakeholders in the Stabroek Block. This is Chevron’s formal entry into one of the world’s fastest-growing oil frontiers. The company,...

The Errea Wittu floating production, storage, and offloading vessel (FPSO) is expected to be the largest unit in ExxonMobil’s offshore Guyana fleet. This was shared by Country President Alistair Routledge during a recent MODEC event. MODEC is currently constructing the...

Dear Editor, I am pleased to acknowledge the strides made by local authorities in taking the lead in managing Guyana’s oil and gas sector. For some time now, the Ministry of Labour, through its Occupational Safety and Health Department, has...

Mere days after the Errea Wittu FPSO arrived in Singapore for the next stage of construction, builder MODEC marked the opening of its permanent office in Guyana.   Errea Wittu is meant for Guyana's 5th oil development Uaru.  Guyana issues Uaru production...

Staatsolie’s Managing Director, Annand Jagesar, says Suriname must act carefully to avoid the economic risks that come with oil wealth. “You can only mitigate the resource curse. You cannot completely eradicate it,” Jagesar warned during a side interview at the...

The Stena Carron drillship is nearing the end of its current campaign offshore Guyana, with one managed pressure drilling (MPD) well remaining. The vessel recently began operations at the Hamlet-1 exploration well in the southeastern section of the Stabroek Block....

SLB has completed its acquisition of ChampionX Corporation, expanding its portfolio in the production and reservoir recovery space.  In its announcement on July 16, SLB said ChampionX shareholders received 0.735 shares of SLB common stock for each share they owned....

Guyana's Ministry of Labour, through its Occupational Safety and Health (OSH) Department, conducted a routine physical inspection of the Liza Destiny oil production vessel on Monday, July 14. The exercise forms part of the ministry’s ongoing efforts to ensure compliance...