The wholly-Guyanese-owned Atlantic Alliance (AA) Maritime and Offshore Training Institute Guyana is well on its way to launching the country’s second OPITO-approved facility to offer internationally accredited training to locals. AA officially opened its doors in March this year at...

Repsol said it is partnering with United States multinational investor, EIG, in its upstream business, in a boost to its multi-energy transformation. EIG is set to acquire a 25% stake in Repsol’s upstream unit for US$4.8 billion. The transaction, approved...

Cognizant that there are inherent risks associated with being an oil producing country, the Guyana government has paid keen attention to the development of the labour market. It said the government cannot go without preventative and mitigating strategies to guard...

Bristow Group announced a contract award on Wednesday from Equinor’s state oil company, Equinor. By virtue of this award, Bristow said Equinor will be tapping into its world leading innovative and sustainable vertical flight solutions. It will provide search and...

Career diplomat, Nicole D. Theriot is President Joe Biden’s nominee for the United States (US) Ambassador to Guyana position, a release from the White House said. According to the White House, Theriot, a career member of the Senior Foreign Service with...

The Joe Douglas Jack Up rig has returned to Trinidad and Tobago for bp Trinidad and Tobago’s (bpTT) new round of drilling next month. According to bp, the drilling rig arrived in Trinidad on 30 August 2022 at Chaguaramas, headed to its Mango drilling site – situated...

Guyana on Monday condemned the treatment of Guyanese fisherfolk by Suriname authorities and urged its Dutch-speaking neighbour to uphold a commitment it had made to issue fishing licenses to them. In a strongly worded statement, the government reminded that Suriname...

Qualco Guyana was established in 2019 on the wave of massive discoveries being made offshore the South American country at the ExxonMobil-operated Stabroek Block. Although its operations were impacted by the COVID-19 pandemic just a year later, activities have...

By Joel Bhagwandin - OilNOW Summary The full project lifecycle of the oil and gas business is around 30 years or more. During the exploration and development stage which may span about 20 years before production, the oil companies continuously...

Playing up its extensive forest cover, the Guyana government says the country is already at net zero status. And with ExxonMobil announcing plans to ramp up production offshore, regulators will be keeping tabs on how Stabroek Block operations impact...