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Guyana and Oil – Lessons from Kazakhstan?

By Greg Quinn - OilNOW I’ve served as a British diplomat in both Guyana and Kazakhstan. There are some interesting lessons to be learnt from comparing and contrasting both countries. There does not seem to be a natural connection but they...

Guyana looking to Rubio for strong hand in controversy with Venezuela

With Florida Senator Marco Rubio named as Donald Trump’s pick for Secretary of State, the Guyana government expects strong support from the upcoming United States administration in its border row with Venezuela.  “We’re very pleased also that Senator Rubio will...

Saipem, TechnipFMC hired for subsea work on Block 58 development

Saipem and TechnipFMC said they were hired to undertake subsea work in support of the first oil development offshore Suriname. The Gran Morgu project is being pursued by TotalEnergies, in partnership with APA Corporation. The project will combine TechnipFMC’s subsea...

Touchstone averages 5,211 boe/d production in third quarter

In the third quarter of 2024, Touchstone Exploration achieved an average quarterly production of 5,211 barrels of oil equivalent per day (boe/d), 75% of which was natural gas, marking a 54% increase from 3,391 boe/d in the same period...

Halliburton setting up shop in Namibia

Halliburton said it will open new facilities in Namibia, the growing oil frontier in southern Africa. The company said its in-country operations will be supported by facilities at Windhoek, Walvis Bay, Swakopmund, and Lüderitz—a combined footprint of 20,000 m². The...

Guyanese companies to fabricate over 300 tonnes of steel for Jaguar FPSO

Three skilled Guyanese companies have cinched contracts to conduct specialized fabrication services with a view to deliver more than 300 tonnes of steel for the Jaguar floating production, storage and offloading (FPSO) vessel. The massive ship is being constructed...

Touchstone boosting production with Cascadura wells 

Touchstone Exploration announced well test results on November 11 from its Cascadura-2ST1 and Cascadura-3ST1 wells, as it undertakes a production boost in Trinidad and Tobago. The production came through the Cascadura C onshore well pad in the Ortoire Block. Touchstone said that during...

El Dorado announces application period for Marine Cadet scholarships

El Dorado Offshore, in collaboration with Noble Corporation and MATPAL Marine Institute, announced on November 4, the opening of applications for the Noble Marine Cadet Program, an initiative aimed at empowering young Guyanese for careers in the country’s energy...

Guyana, Suriname can meet 11% of mid-2030s LNG supply gap – WoodMac

Energy data analytics provider Wood Mackenzie said Guyana and Suriname can supply up to 12 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) by the next decade.  This output would account for approximately 11% of the anticipated...

Touchstone achieves initial production at Cascadura C well pad in Trinidad 

Touchstone Exploration Inc. has achieved initial production from its Cascadura C onshore well pad during the testing phase. In a November 4 release, Touchstone said it safely commissioned the flowline connecting the Cascadura C surface location to the Cascadura natural...

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CARICOM reaffirms support for Guyana’s sovereignty; urges member states to be mindful of int’l law

The Caribbean Community (CARICOM) on April 28 maintained its support for Guyana’s sovereignty while warning against the use of...