Former Prime Minister of Jamaica, Bruce Golding says a number of examples in the region point to mistakes that can be made by oil producing nations and while time will tell how successful Guyana is in avoiding pitfalls, Jamaica,...
BP has awarded TechnipFMC the engineering design contract for the Tortue/Ahmeyim fields floating production, storage and offloading (FPSO) unit.
TechnipFMC is the same company that has been awarded a contract by ExxonMobil Guyana for the engineering, manufacture and delivery of...
BP and state-owned Brazilian oil company Petrobras have announced they have signed a Memorandum of Understanding (MoU) to form a strategic alliance to jointly explore potential business opportunities both in Brazil and beyond.
Petrobras is globally recognized as the world’s...
Guyana’s Private Sector Commission (PSC) is pushing for the country’s government to outline a clear framework for the development of the emerging oil and gas sector.
PSC presented its Action Plan for the Sustainable Development of Guyana to Minister of...
The Bahamas-flagged Tina Very Large Crude Carrier (VLCC) – the vessel being converted to the Liza Destiny FPSO – has successfully dry-docked for the first time at Keppel’s shipyard in Singapore.
ExxonMobil Guyana says the vessel is expected to be...
Guyana, in its filing against Venezuela at the International Court of Justice, is asking the body to declare that the Bolivarian Republic immediately withdraw from the eastern half of Ankoko Island and refrain from threatening or using force against...
Deodat Indar was on Thursday reelected to serve a second term as President of the Georgetown Chamber of Commerce and Industry (GCCI).
The business group held its 128th Annual General Meeting at the Roraima Duke Lodge in Guyana’s capital Georgetown on...
Australia based BHP Billiton could begin its hunt for petroleum in the Caribbean territory of Barbados as early as 2019. The island’s Minister with responsibility for Energy, Senator Darcy Boyce, speaking at a symposium in Trinidad held in March,...
CNOOC Limited, the owner of Nexen which is a 25% joint venture partner in the Stabroek Block offshore Guyana along with ExxonMobil and HESS, recently announced that for 2017 its reserves and profit improved significantly.
In announcing its performance for...
TOTALTEC Oilfield Services Limited on February 28, 2018 successfully completed its second equity finance raising from a large international investor. However the price has not been disclosed.
TOTALTEC is a partner in a major onshore infrastructure development project in Guyana...