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Suriname’s first FPSO capable of producing 220,000 barrels per day – TotalEnergies CEO 

The floating, production, storage and offloading vessel (FPSO) for Suriname’s first offshore development will be capable of producing 220,000 barrels per day (b/d), according to TotalEnergies Chief Executive Officer, Patrick Pouyanné.  The initial target was 200,000 b/d.  Pouyanne, at an energy...

Canje Block still with oil companies, as government reviews second relinquishment

The Canje Block offshore Guyana is still with operator ExxonMobil and co-venturers TotalEnergies, JHI Associates and Mid-Atlantic Oil & Gas. Vice President Bharrat Jagdeo confirmed this at a press conference on Thursday, pointing out that 20 percent of the...

Stena DrillMAX returns to continue exploration drilling at Haimara-3 

Exploration drilling continues at ExxonMobil’s Haimara-3 well in Guyana’s Stabroek Block. The campaign is being undertaken by the Stena DrillMAX rig.  Guyana’s Maritime Administration Department (MARAD) said activities will conclude on November 1 at the site, situated approximately 123.3 nautical...

TechnipFMC’s Brazil team completes “largest ever loadout” of manifolds for Exxon’s Yellowtail development 

Over 50 people from TechnipFMC’s Brazil team completed the load out of six manifolds for ExxonMobil’s fourth Stabroek Block development - Yellowtail.  According to TechnipFMC, it was the team’s largest ever, resulting from “teamwork, collaboration, and safety.”  The Yellowtail Development includes...

TechnipFMC seeks small bore welding services for Guyana projects

TechnipFMC, a global leader in oil and gas technology, has issued an Expression of Interest (EOI) for the provision of small bore welding services in Guyana.  This step demonstrates the company's ongoing commitment to the region as it backs ExxonMobil's...

Guyana moves forward with second power plant, RFP now open for submissions

The Government of Guyana (GoG) has invited qualified firms to submit proposals for the design, financing, and operation of Phase II of the Gas-to-Energy (GTE) project. The project will be governed by a 20-to-25-year Power Purchase Agreement (PPA), according...

Guyana stands out globally; will maintain cost competitiveness despite expected drop in future oil prices – Norway firm

South America's newest oil producer, Guyana, continues to stand out as a highly competitive destination for deepwater projects around the world. U.S. oil major ExxonMobil is currently spending around 20% of its total exploration and production (E&P) investments in...

ONE GUYANA FPSO completes final module lifts at Seatrium Yard

SBM Offshore announced today that the ONE GUYANA floating, production storage and offloading vessel has completed its final module lifts at the Seatrium yard in Singapore.  This vessel, destined for ExxonMobil’s Yellowtail field in the Stabroek Block offshore Guyana, is...

Procurement spending from contractors hits US$314 million with addition of Prosperity FPSO – Mid Year Report 

According to Guyana’s 2024 mid-year report, procurement spending in the oil and gas sector totaled US$314 million. The report highlights growth in engineering and machining services, accommodation, equipment rental, and catering. The hike is largely attributed to the increased activity...

OSRL to expand in-country oil spill response capabilities in Guyana

Oil Spill Response Limited (OSRL) is ramping up efforts to enhance oil spill response capabilities in Guyana, with plans to broaden its in-country services to meet the growing demands of the region’s oil and gas industry. While the capping stack,...

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Guyana pledges responsive policy approach to keep energy sector attractive, fair

Guyana intends to continue refining its legal, fiscal and regulatory framework for the energy sector, according to Director of...