SBM Offshore announced on Feb. 21 that the ONE GUYANA floating, production storage and offloading vessel (FPSO) has left drydock. OilNOW understands the vessel is now moored along quayside at the Seatrium yard in Singapore. It is the fourth...

Even with world-leading per capita oil production aspirations, the Guyana government believes the country can keep its long-standing environmental credentials. According to Vice President Bharrat Jagdeo, “We will remain carbon negative even when we are producing 1.5 million barrels...

Having a floating production storage and offloading vessel (FPSO) facilities simulator in the country is a massive achievement for Guyana. So says the country's President, Dr. Irfaan Ali, who believes it unlocks a whole world of new opportunities for...

Former U.S. Secretary of State, Mike Pompeo charged stakeholders at the Guyana Energy Conference and Supply Chain Expo to put priority on ensuring the South American nation realizes its potential. In a video message, Pompeo said, “We have to ensure...

Guyana’s Gas-to-Energy project has generally been marketed as a huge benefit for the domestic economy. However, the government is rolling out plans for the natural gas liquids (NGL) from the project to capture the markets of the entire Caribbean...

Offshore drilling contractor Transocean has announced significant contract acquisitions for three of its drilling rigs, enhancing its quarterly fleet status report with a notable boost in backlog to approximately US$9 billion. Transocean to deploy ultra-deepwater drillship for US$518M GoM job...

MODEC unveiled its 2023 financial results, spotlighting a significant profit uplift due to the successful advancement of its engineering, procurement, construction, and installation (EPCI) projects, alongside enhanced asset integrity of its older Brazil floating production, storage and offloading (FPSO)...

President Irfaan Ali has articulated Guyana's plan to be a global leader in tackling the challenges of climate change, energy sustainability, and food security. The country is using the momentum from its oil-fueled development to expand its influence and...

Ocean services provider DeepOcean has clinched a contract from ExxonMobil Guyana, marking its foray into the South American country's market and its first major collaboration with Exxon in the Americas. The contract entails the provision of subsea construction and...

ExxonMobil's Liza projects have been honored with the International Petroleum Technology Conference (IPTC) Excellence in Project Integration Award, recognizing outstanding achievements in executing oil and gas projects.  The award, presented during the 2024 IPTC in Dhahran, Nepal, highlighted the company's...