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Guyana’s gas strategy will explore opportunity for joint development with Suriname

OilNOW -
Vice President Dr. Bharrat Jagdeo said on May 25 that Guyana’s gas strategy, expected to be drafted at the end of the year, will explore the opportunity for joint development with Suriname.  “In some areas like Pluma, more gas,...
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Guyana is Suriname’s best bet for natural gas

Shikema Dey -
Suriname’s mega port coined Firebird LNG will see US$5.4 billion being invested to create a shore base and an economic zone - similar to that of the Vreed-en-Hoop Shore Base Inc. (VEHSI) which will service ExxonMobil Guyana’s Yellowtail development.  Phoenix...
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Gas-to-Energy project on track for 2024 delivery – Jagdeo

OilNOW -
Guyana’s Environmental Assessment Board (EAB) has upheld a decision by the Environmental Protection Agency (EPA) to not require a separate Environmental Impact Assessment (EIA) for Guyana's upcoming 300 megawatts (MW) natural gas power plant. The power plant is expected...
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Saipem secures lucrative offshore contracts in the Black Sea and North Sea worth US$850M

OilNOW -
Italian multinational company Saipem has been awarded two significant offshore contracts with a combined value of approximately US$850 million.  The contracts encompass an Engineering, Procurement, Construction, and Installation (EPCI) project in the Black Sea and decommissioning activities in the North...
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NOV strengthens presence in Latin America with new wellsite service facility in Guyana’s oil and gas corridor

OilNOW -
American Multinational, NOV - a worldwide drilling and oil production equipment provider - has joined the list of companies looking to on Guyana’s oil and gas success.  The company opened its Wellsite Service/Tuboscope facility at Rome on the East Bank,...
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Laying of Guyana’s underwater gas pipeline to commence by June

Shikema Dey -
It’s full steam ahead with Guyana’s Gas-to-Energy project.  Before the second quarter ends, Van Oord and Subsea 7 are expected to begin laying pipeline infrastructure on Guyana’s seabed, project documents indicate. A project summary submitted by the consortium to the Environmental...
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Petrobras expects start-up of FPSO Almirante Barroso in 2Q23 as diesel, gasoline and jet fuel yields increase in 1Q23

OilNOW -
Petrobras, the Brazilian state-run oil and gas company, on May 9 announced that its average oil, natural gas liquids (NGL), and natural gas production reached 2.68 million barrels of oil equivalent per day (MMboed) in the first quarter of...
News

Exxon’s Guyana projects challenging MODEC, SBM Offshore to break new ground

Kemol King -
With expanding crude production offshore Guyana at an unrivaled pace, builders of floating production, storage and offloading (FPSO) units are being pushed to add higher capacity vessels to their portfolios.  MODEC and SBM Offshore have both been entrusted by ExxonMobil...
News

Guyana eyes exporting gas from Uaru Project 

OilNOW -
With the Uaru Development Project expected to produce 540 million standard cubic feet of gas per day, Guyanese authorities want ExxonMobil Guyana to conduct a study on the possibilities for export. According to the provisions of the Petroleum Production Licence...
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Guyana can tap multi-million-dollar LNG opportunities with Gas-to-Energy project – MP

OilNOW -
Guyanese Member of Parliament (MP), Jermaine Figueira believes the imminent Gas-to-Energy Project will be a game-changer for the South American producer as it is intended to provide a reliable and affordable source of energy for domestic consumption while facilitating...
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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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