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New UK-based Trade Mission in Guyana exploring opportunities

The Energy Industries Council (EIC) in collaboration with Aberdeen International Associates (AIA) has fielded a trade mission that arrived in Guyana on April 18. It runs up to April 21. This trade mission aims to facilitate engagement with key...

Kosmos Energy to Host First Quarter 2023 Results and Webcast on May 9, 2023

DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its first quarter 2023 results: Earnings Release: Tuesday, May 9, 2023, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com. Conference Call: Tuesday, May...

Guyana’s Petroleum portal back up after hacking spurred by Court ruling on border case

Guyana’s Petroleum Management Programme has been restored one week after hackers vandalised the website. The malicious attack left the pages littered with graphics claiming ‘EL ESEQUIBO ES VENEZUELA’, a statement promoting Venezuela’s position on the border controversy, and maps...

SLB gets fresh impact study waiver from EPA for Guyana facility

Schlumberger, now SLB, has been granted a fresh exemption from the requirement to conduct an Environmental Impact Assessment (EIA) for its source storage and calibration facility in Guyana, located at Houston, East Bank Demerara.  The first was quashed by the...

Guyanese marine player acquires majority stake in Bourbon joint venture 

French offshore vessel player Bourbon said on Monday that Guyanese company Tethys Marine & Logistics, is now a 51% shareholder of the Bourbon Guyana Joint Venture. It said Guyanese now represent 75% of its directorship. A Guyanese company is defined...

Noble forging ahead with plans to increase local capacity in South America’s hottest basin 

Building Guyana’s local capacity remains paramount to Noble Corporation, the driller with the most rigs in the ExxonMobil-operated Stabroek Block.  Noble said its four-year Local Content Master Plan draws on set targets to use locals where applicable and invest in...

Ministry still accepting comments on Guyana’s model contracts – Jagdeo 

The Ministry of Natural Resources of Guyana continues to accept comments on the draft model Production Sharing Agreements (PSA), which will apply to the ongoing bid round. Despite the deadline for comments having passed, Vice President Dr. Bharrat Jagdeo...

Guyana will be “gift that keeps on giving” – Analyst 

Guyana’s value to ExxonMobil will be felt for decades to come, according to an Analyst at Seeking Alpha, a crowd-sourced content service provider that publishes news on financial markets.  In his latest piece on April 12, the analyst examined Exxon’s...

Eni’s Firenze floater sails for ‘Africa’s first net-zero emission project’ at Ivory Coast

Eni, in partnership with PetroCi, celebrated the sail away of the Firenze floating production, storage and offloading (FPSO) vessel to the Baleine field offshore Côte d'Ivoire in Dubai. The largest hydrocarbon discovery in the country was made at Baleine. The...

Exxon signals 25% dip in Q1 profits as energy prices fall

Recent Securities and Exchange Commission (SEC) 8-K filings by supermajor ExxonMobil shows a dip in its first quarter profits, which the company said it attributed to drop in oil and gas prices.  Operating results could drop to around US$9.6 billion,...

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Guyana has ‘clout’ at OTC 2026 as private sector delegation nears 100 businesses

Guyana is entering the Offshore Technology Conference 2026 with growing international attention, as the country’s private sector points to...