The offshore oil and gas industry is expected to see a slight 1% year-on-year growth in engineering, procurement, and construction (EPC) contract awards in 2025, reaching US$54 billion, according to Westwood Global Insights.  This increase is supported by 53 field...

Guyana Deep Water Operations Incorporated (GDO), the local affiliate of SBM Offshore, has issued a Request for Information (RFI) to identify Guyanese manufacturers capable of supplying construction-grade coveralls. The company aims to engage local suppliers to meet its operational needs...

Michael Harding, Assistant Safety Officer aboard the Prosperity floating, production, storage, and offloading vessel (FPSO), offers a unique perspective on the oil and gas industry. “The great part about safety is that you're working with every department,” he explained...

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...

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...

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...

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...

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...

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...

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...