Westwood anticipates a substantial surge in drilling activities within Nigeria's oil and gas sector between 2023 and 2030, with a forecast of an average of 140 development wells to be drilled each year during this period. This significant uptick...
Guyana and Namibia's oil reserves are estimated to be identical at 11 billion barrels, according to recent data released by the state-owned National Petroleum Corporation of Namibia (NAMCOR).
From NAMCOR’s data, the bulk of Namibia’s resources are from TotalEnergies' Venus-1X...
In a significant milestone for the local workforce, twenty-four talented Guyanese have successfully completed the first phase of SBM Offshore Guyana's Trainee Technician Programme in Advanced Skills Training in Petroleum Operations.
The participants are now one step closer to obtaining...
Guyana Shorebase Inc. (GYSBI) is set to expand its capacity with the construction of a new operations center at its Houston/McDoom location along the East Bank Corridor. To bring this vision to life, the company is actively searching for...
A final investment decision (FID) for Guyana’s Gas-to-Energy (GtE) project is imminent with the recent passage of its Petroleum Activities Bill 2023, said ExxonMobil’s Guyana President, Alistair Routledge.
He told Energy Intelligence in London recently “...while we have not formally...
Oil and gas investments in Guyana remain attractive even with the fiscal terms in its new model Production Sharing Agreement (PSA) which are more favourable to the country. This is according to an August 10 report by S&P Global...
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...
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...
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...
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...
