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...

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,...

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...

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...

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," 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...

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 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 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...

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...