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Push for rigorous training, establishment of joint ventures to build local content capacity – Consultant

Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil and gas industry, which he thinks Guyana could learn from. This is what he had...

24 Guyanese trainee technicians return for placement on Liza Destiny FPSO

The first group of Guyanese operations and maintenance trainees recently returned to the South American country after an extensive 18-month training programme in Canada organized by ExxonMobil Guyana. The company said in an update on Tuesday they will soon be...

Guyana Civil Aviation Authority issues new directive for operators of helipads/helidecks

The Guyana Civil Aviation Authority (GCAA) has issued a new directive mandating all operators of helidecks/heliports/helipads to be subject to approvals in accordance with the International Civil Aviation Organization (ICAO) Annex 14, Volume II and ICAO Document 9261 ‘Heliport...

Guyana, ExxonMobil discuss offsetting emissions from Payara

In keeping with Guyana's goal to achieve its climate change targets, Vice President, Dr. Bharrat Jagdeo, said discussions have been held with ExxonMobil about offsetting emissions from Payara, its third offshore development, which is currently being reviewed by a...

Over eight months in – Guyana producing oil ahead of its time – Francis Kiernan

US oil major ExxonMobil announced its first world class discovery in May 2015 at the Liza field offshore Guyana. The well encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs and was safely drilled to 17,825...

Guyana now in the big league – exporting crude to Europe, China and India – Bobby Gossai Jr.

Guyanese economist Bobby Gossai Jr says with the level of investment being made in Guyana’s oil and gas sector and the country becoming the newest oil producer in the region, it is no longer a “small country” but is...

Local content legislation for Guyana Parliament by year-end

Draft local content legislation should be ready for Parliament by the end of the year in South America’s newest oil producing nation – Guyana – where the recently installed government has been advocating for more benefits for the country...

‘Leaving the oil in the ground’ is not an option for Guyana – Vice President

Vice President of Guyana, Dr Bharrat Jagdeo believes that it is unrealistic to call for the developing South American country to leave its giant oil discoveries - made over the past five years – undeveloped, while the needs of...

Petrobras-led Libra Consortium awards TechnipFMC ‘large’ contract

TechnipFMC is reporting that it has been awarded a large contract for Engineering, Procurement, Construction, and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium. That consortium, which was formed by Petrobras,...

The approach of Guyana’s new government in developing its multi-billion-barrel oil resources

The newly installed government in Guyana says it is seeking to change the country’s approach to oil and gas by ensuring benefits to Guyanese from the offshore resources are maximized. Officials of the now two-week old administration have said...

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Guyana to fast-track second gas power plant as energy demand rises

Guyana’s government plans to accelerate construction of a second gas-fired power plant, President Irfaan Ali said this week, as...