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...
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...
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...
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...
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...
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...
Guyana Shore Base Inc. (GYSBI), the leading onshore support facility for the oil and gas industry in Guyana, is launching a new Technical Scholarship to boost education for young Guyanese individuals aged 16 to 25.
This initiative will provide support...
Head of Guyana’s Gas-to-Energy Task Force, Winston Brassington, has urged Guyana’s Supreme Court to dismiss a lawsuit against the Gas-to-Energy project, arguing that it is obstructionist.
The lawsuit concerns the issuance of an environmental permit by the Environmental Protection Agency...
PETRONAS and ExxonMobil’s Sloanea-1 find in Suriname’s offshore Block 52 has “promising” potential to become a natural gas development, according to the state-owned oil company Staatsolie.
“Current models of the Guyana-Suriname Basin, as well as discoveries made to date, indicate...
To develop Suriname’s offshore oil potential, a higher level of financing is required and its state-owned company Staatsolie is readying itself to ensure it is prepared.
Outlined in its updated 2022 Annual Report, Staatsolie said it has amended and extended...
