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Investor in new Exxon shorebase supporting major Demerara bridge project

OilNOW -
Azruddin Mohamed, a principal at Mohamed's Enterprise and an investor in the Vreed-en-Hoop Shore Base Inc. (VEHSI), announced on August 4 key support for the construction of the new Demerara Crossing. The project is one of the most important...
News

Local Content App being developed to bring “Guyanese closer to oil and gas contractors, licencees”

Shikema Dey -
Guyana’s Local Content Secretariat (LCS) is looking to develop an app to connect Guyanese contractors and licencees, said Director Dr. Martin Pertab on August 10.  Pertab, speaking at the Ghana-Guyana Local Content Conference explained that accessing information on opportunities in...
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GY$5B secured to advance Gas-to-Energy project in Guyana 

OilNOW -
Approval was granted on August 9 to the Guyana government for the additional GY$5 billion in funding to advance its Gas-to-Energy project.  Guyana’s Finance Minister, Dr. Ashni explained to the House that the sum will be used mainly for the...
News

Upcoming major shorebase seeking local suppliers for up to 90 services

OilNOW -
The Vreed-en-Hoop Shorebase Inc. (VEHSI) has taken a significant step towards its December completion date by seeking local service providers to meet its operational needs. The company recently published a request for information (RFI) to identify potential contractors offering...
News

Dragon Gas talks: Venezuela refusing to accept US terms – Rowley

OilNOW -
Negotiations concerning the ongoing Dragon Gas project have reached an impasse, as Venezuela and the United States appear reluctant to adjust their current positions, according to Prime Minister Dr. Keith Rowley of Trinidad and Tobago. The protracted negotiations have...
News

SBM Offshore Guyana Announces Scholarship Program for Indigenous Women

OilNOW -
SBM Offshore Guyana has taken a significant step towards fostering education with the launch of its Scholarship Programme for Indigenous Women in STEM. The program, unveiled on July 19 in the new oil producing South American country, aims to...
News

SBM Offshore Guyana advancing HSSE through multiple awareness programmes

OilNOW -
Over the last several years, safety has become a key topic in the local business sector, with the movement to improve and advance Health, Safety, Security and the Environment (HSSE) being propelled by the oil and gas industry. SBM...
News

Guyana expects over 700 technical, skilled oil and gas hires this year – Local Content Secretariat

OilNOW -
According to figures released by Guyana’s Local Content Secretariat (LCS), for 2023, over 700 hires are expected for the country’s oil and gas sector. The hires range from the technical and skilled categories to Information Technology (IT) and Health.  A...
News

Latin America a key driver in global upstream oil and gas investments: Rystad Energy

OilNOW -
Latin America, along with the Middle East and North Sea, is set to be a pivotal region for the next wave of global upstream oil and gas investments, according to Rystad Energy. The study underlines a significant surge in...
News

Gas-to-Energy: Indian company gets US$159M EPC contract for transmission lines, substations

OilNOW -
Indian company, Kalpataru Projects International Limited (KPIL), has been awarded a contract of approximately US$159 million  to establish transmission lines and substations in support of Guyana’s Gas-to-Energy project. Targeted for completion in 2024, the infrastructure is instrumental for integrating...
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TotalEnergies identifies additional wells to sustain GranMorgu plateau production

PARAMARIBO, SURINAME – TotalEnergies has identified additional wells that will be drilled to sustain plateau production at its landmark...

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