The need for engineers in Guyana’s booming oil industry has led to students from the country’s premier university being absorbed by companies even before they graduate.  Vice Chancellor (VC) of the institution, Dr. Paloma Mohamed shared in a recent discussion...

Wood Mackenzie's recent analysis revealed a shift in the oi and gas industry, characterized by a wave of consolidation, which it said is poised to persist through the energy transition phase.  In a Jan. 9...

Guyana’s third oil production vessel - Prosperity - has achieved background flare in a record 39 days, according to an announcement by ExxonMobil Guyana Limited (EMGL) on Wednesday.  EMGL said the accomplishment marks a significant milestone in the company’s commitment...

LONDON--(BUSINESS WIRE)--Hunting PLC (LSE: HTG), the precision engineering group, today issues a year-end trading update ahead of announcing its 2023 Final Results on Thursday 29 February 2024. All financial data noted below remains subject to audit. Highlights 2023 trading and financial outturn...

According to a recent article by S&P Global Commodity Insights, the upstream oil and gas activity in Mexico is anticipated to experience a slowdown in 2024. This situation has emerged as companies foresee limited new opportunities following the election...

GAICO Construction and General Services is set to commission a US$30 million marine facility in Guyana, located at Nismes Foreshore, West Bank Demerara, housing a wharf, dry dock laydown, and storage yard.  In its project summary to the Environmental Protection...

The oil majors ExxonMobil, TotalEnergies, Chevron, and Shell are gradually expanding their presence in the Guyana-Suriname Basin. With some contracts expected to be finalized in 2024, these four companies will have stakes in 15 offshore blocks, amounting to more...

Vice President Bharrat Jagdeo believes Guyana may need to start planning for another energy generation project to satisfy the country’s growing demand.  Current output has trouble meeting demand, and this leads to frequent power outages sometimes countrywide. A reliable solution...

Talos Energy said it successfully started oil and natural gas production at Talos's Lime Rock and Venice discoveries, in a Jan. 3 release. The discoveries are located near its 100% owned and operated Ram Powell platform in the U.S....

ExxonMobil will host an informational forum for Guyanese businesses interested in supporting local oil and gas drilling activities. The January 11 forum will be held at the Marriott Hotel in Kingston, Georgetown from 1 p.m.  The company said its major partners...