Showing results for:

Exxon schedules forum to discuss RFIs for Guyana environmental studies

ExxonMobil Guyana has issued a notice to suppliers that it will host a Request for Information (RFI) clarification forum for those who may be interested in participating in recent RFIs. The forum is scheduled for April 17 at the...

Eight Guyanese engineers complete training for placement on massive Prosperity FPSO

SBM Offshore Guyana said eight Guyanese engineers officially completed its Graduate Engineers’ Programme. A graduation ceremony was held for the engineers, who make up the first cohort to benefit from this training, on March 31.   The programme provided international...

Guyanese entrepreneurs going into pocket, bringing in partners to tackle access to finance issue

Access to finance continues to be the common theme in local content discussions, as it remains a main hindrance to the success of local enterprises desirous of tapping into Guyana’s expanding oil sector.  As the inaugural Local Content Summit 2023...

‘We are here to listen’ – Jagdeo to Guyana’s inaugural Local Content Summit

"We are here to listen," Vice President Dr. Bharrat Jagdeo said as keynote speaker for the opening of Guyana's first ever Local Content Summit, Tuesday at the Pegasus Corporate Centre. The summit comes as the government is gearing up to...

What Shell can add to Guyana’s oil story

Offshore competition could heat up in Guyana, with Shell Corp. mulling a stunning return after leaving the country 10 years ago.  ExxonMobil is currently the sole oil producer in the South American country and the only company that has found...

Saipem’s recent contract awards total US$650 million

Saipem said that it was recently awarded new offshore engineering, procurement construction and installation contracts and competitive front end engineering design (FEED) contracts, totaling US$650 million.  One award is from Azule Energy for the Agogo Full Field Development project, a...

McDermott will perform front-end work for Shell’s Manatee development in Trinidad

McDermott said it has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.  Under the contract scope, the Texan company will provide...

Role, capacity of environmental regulator critical to Guyana’s success with oil

Guyana’s Environmental Protection Agency (EPA) is a vital pillar in the country’s balancing act of being an oil producer, while also adhering to strict global climate goals.  And because of this, its institutional capacity must be strengthened to monitor and...

Development drilling continues at Exxon’s Yellowtail

Development drilling is progressing at the Yellowtail well site in the Stabroek Block offshore Guyana, according to a notice from the country’s Maritime Administration (MARAD).  A March 28 notice said that “Esso Exploration & Production Guyana Ltd (EEPGL) will continue...

Flaring down to 139 billion cubic metres in 2022 – World Bank Report

Gloabl flaring has shrunk by three percent to 139 billion cubic metres (bcm) in 2022, according to recent data from the World Bank Global Gas Flaring Tracker Report.  In 2021, the number stood at 144 bcm.  Gas flaring, the burning of...

Latest News

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...