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MODEC Guyana seeks contractor for gas detector supply and maintenance on Errea Wittu FPSO

MODEC Guyana is soliciting proposals for the supply, servicing, and calibration of portable gas detectors to support operations on the UARU Floating Production Storage and Offloading (FPSO) unit.  MODEC said it aims to enhance safety and operational risk management for...

Brazil enacts law enabling flexible local content policies in oil and gas

The Brazilian government has enacted Law 15,075/2024, introducing significant changes to the regulation of local content and production sharing agreements in the oil and gas sector. Effective December 26, 2024, the law aims to boost investments and optimize the...

From Sandvoort to offshore success: The inspirational journey of Denzil Southwell

Denzil Southwell, a young Guyanese man from Sandvoort Village, Berbice, has quickly risen through the ranks in the offshore oil and gas industry, serving as Assistant Oxide Driller with Noble Drilling. Just three years ago, Denzil saw a job...

A look back at 2024 milestones in Guyana’s oil and gas industry 

The year 2024 marked pivotal advancements in Guyana's oil and gas sector, cementing the country's position as a key player in the global energy market. Here’s a look at the stories that made waves this year, highlighting the industry's...

Guyana Oil & Gas: What to look forward to in 2025

Every year, Guyana's oil and gas sector seems more monumental than the last. Lots of watershed moments are expected in 2025. Guyana will take its place as the world's largest per capita producer of crude oil. Here’s what to look...

Exxon continues appraisal of Haimara gas discovery

ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said the Stena Carron rig will be engaged in drilling at the Stabroek Block, with the operation set to conclude by...

Steam turbines, oil tanks in Guyana for Gas-to-Energy project

US-based group Lindsayca-CH4 said two state-of-the-art steam turbines and two oil tanks arrived in Guyana on December 21, 2024.  The infrastructure, the group said, are critical components for the Gas-to-Energy project. “These assets have been safely transported and will be...

Equinor and Shell join forces to form UK’s largest independent oil and gas producer

Equinor UK Ltd and Shell UK Ltd will merge their UK offshore oil and gas assets to create the UK North Sea's largest independent producer. The joint venture, equally owned by both companies, will focus on sustaining domestic production...

US$500M+ United States loan for Guyana gas project clears key hurdle

Guyana's Vice President, Bharrat Jagdeo, announced during a November 28 press conference that the United States Export-Import Bank (EXIM Bank) has given preliminary approval for a loan exceeding US$500 million to support Guyana's Gas-to-Energy project. Initially, the government applied...

Petrobras to bring 10 new offshore production systems online by 2029

Petrobras plans to deploy 10 new offshore production systems by 2029, focusing on efficiency and lower emissions. The company in a recent report said nine systems are already contracted, with five additional projects in progress and six under study. Petrobras...

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Chevron says US$2.2B Q1 earnings “solid” despite disruptions

Chevron reported first-quarter earnings of $2.2 billion on Friday, down from $3.5 billion a year earlier, but said performance...