Guyana’s attractive and competitive fiscal terms have been pushing its unrivaled pace of deep-water development in the Stabroek Block. This has seen the country move from a non-oil producer just seven years ago, to what is now projected to...

While the accelerated expansion of the oil and gas operations in the Stabroek Block has earned Guyana the title of being the fastest-growing economy in the world, weaknesses in its labour force could have harmful effects on its development...

QatarEnergy said it signed an agreement with Japan’s Qatar Petroleum Development Company (QPD) for the continued development and production of the Al-Karkara and A-Structures oil fields in the territorial waters of the State of Qatar. The five-year agreement commences on December 23, 2022, succeeding the...

Halliburton has invited Expressions of Interest (EOIs) for design and construction services for Sperry Drilling services at its Eccles, East Bank Demerara base. The oilfield services provider says Sperry Drilling delivers superior performance to reduce time to first oil, enhance...

President of ExxonMobil Guyana, Alistair Routledge, believes that early capacity building investments are paying dividends as seen in the growth of local content numbers in the local oil and gas industry. The company said on Wednesday that more than...

Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) has awarded the state-owned Petrobras operator status of three blocks located in the Campos Basin, offshore Brazil. The blocks are called Sudoeste de Sagitário, Água Marinha and Norte de Brava. Brazil’s pre-salt churns...

Qualco Guyana has received authorisation from the Environmental Protection Agency (EPA) for the country’s first rope access training facility located at Supply, East Bank Demerara. “This permit covers the company’s activities for a workshop and equipment storage facility at the company’s operations...

Eco Atlantic Oil and Gas has successfully upped its participating interest share in Block 3B/4B offshore South Africa by 6.25%. The company in an announcement on Monday said it received all the requisite regulatory approvals from the Department of Mineral Resources and...

Quanten Consortium Angola LLC, Environmental Solutions Inc. and SPEC Energy DMCC are the latest US-based companies bidding to build Guyana’s 30,000 barrels per day modular refinery. Quanten said it focuses on developing “transformational projects” in emerging markets with interventions that support deep,...

Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...