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Siemens awarded EPC contract for South America FPSO

OilNOW -
Siemens Energy said Friday it was awarded a topside EPC contract by MISC Berhad for eight complete topside modules that will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression...
News

Infrastructure to support Guyana oil industry being aggressively pursued, official tells summit

OilNOW -
While Guyana’s offshore oil and gas industry rapidly expands, infrastructure will have to be developed onshore to support the activities in the industry. Participants at the Guyana Basins Summit were told this week that the Guyana government is pursuing...
News

Trinidad LNG industry in decline as Guyana eyes pipeline, regional export potential

OilNOW -
Trinidad and Tobago (TT) is one of the region’s largest producers and suppliers of Liquified Natural Gas (LNG), however, the twin-island republic has been experiencing a steady decline over the years. Now, analysts are reporting a more worrying future...
News

Guyana government in discussion with oil company on deepwater harbour project

OilNOW -
The Guyana government has commenced discussions on the much-anticipated deepwater harbour being developed in Berbice by an oil and gas operator. Minister within the Ministry of Public Infrastructure, Deodat Indar, during a Globespan24X7 interview on March 15, disclosed that...
News

Guyana mega discoveries, exploration potential shine at opening of oil summit

OilNOW -
Guyana’s oil basin took center-stage as the virtual ‘Guyana Basins Summit 2021’ opened on March 17 with presenters declaring that the nation’s vast hydrocarbon resources could propel rapid development of the petroleum industry across the Guianas in north-eastern South...
News

Guyana to become energy epicentre of Western Hemisphere – President Ali

OilNOW -
Given the resource development model his government intends to roll out, President of Guyana, Dr. Mohamed Irfaan Ali, confidently asserted today that Guyana will no doubt emerge as the economic and energy epicentre of the Western Hemisphere. The Head of...
News

Stena DrillMAX to spud Sapote-1 later this year, drilling at Jabillo to continue in May

OilNOW -
Oil exploration at the Canje Block offshore Guyana is moving into high gear with drilling at one well already completed, another underway and a third to be targeted later this year in what analysts say is a major foray...
Exploration

Guyana discoveries redefining Caribbean region’s oil potential – Dr. Anthony Bryan

OilNOW -
With 18 discoveries offshore Guyana equating to nine billion barrels of recoverable oil resources, the record-making results of oil exploration in the South American country has resulted in the re-examination of the Caribbean region as an oil-rich area. This is...
News

Guyanese businesses can now acquire API world-class certification through CLBD

OilNOW -
The Centre for Local Business Development has signed a Memorandum of Understanding (MoU) with the American Petroleum Institute, paving the way for ISO 9001 certified companies in Guyana to expand their training and acquire certification for the manufacturing of...
News

Guyana drilling operations being closely watched, success welcomed across industry

OilNOW -
After a year of significantly reduced activity in oil and gas operations, production shut-ins and a major decline in investments brought on by the pandemic, deepwater success in places such as Guyana will provide its own shot in the...
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Kumu’s new small-scale hydropower plant now operational

Guyana commissioned a new 1.5 megawatt (MW) hydropower station in the southeastern community of Kumu on Friday, part of...

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