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Two-thirds of Guyana offshore development costs pumped into wells, subsea infrastructure – Routledge

ExxonMobil’s projects in Guyana’s Stabroek Block carry hefty prices. Its fifth – Uaru – carries the highest thus far: US$12.683 billion, since it will be the biggest offshore development, rivalling neighbouring Brazil. These projects require massive floating, production, storage and offloading...

SBM Offshore on track to meet FPSO delivery deadlines despite pandemic

In an update on its new build activities, Dutch contractor SBM Offshore said it remains on track to deliver its floating production, storage and offloading (FPSO) vessels by agreed-upon deadlines. This is in spite of setbacks from the COVID-19 pandemic...

Maxar’s Crow’s Nest to boost Guyana’s monitoring of offshore operations

Guyana’s Environmental Protection Agency (EPA) has teamed up with Maxar Technologies for the provision of environmental monitoring services for both offshore and terrestrial applications. Executive Director, Kemraj Parsram said it falls under the Agency’s updated mandate to modernise its operations...

Guyana gov’t banking on earnings from sale of NGLs to repay Exxon for Gas-to-Energy project

Guyana will owe ExxonMobil and its co-venturers US$1 billion for the cost of the pipeline and associated infrastructure that it has been charged with developing for the Gas-to-Energy project. And according to Vice President Dr. Bharrat Jagdeo, this project...

With increasing offshore projects, SBM Offshore looks to expand Guyana supplier base

SBM Offshore held a vendor forum on Friday, the closing day of the International Energy Conference and Expo 2023, at the Marriott Hotel. The company needs an expanded supplier base, as it is building, delivering and operating an increasing number...

SBM Offshore Vendor Forum, youth engagement sessions on today at Int’l Energy Conference

SBM Offshore Guyana is set to host a Vendor Forum today at the International Energy Conference which is being hosted at the Guyana Marriott Hotel in Georgetown. The forum, scheduled for 9:00 am, presents an opportunity for stakeholders and local...

Sheriff Security, the prototype for oil and gas security in Guyana

Sheriff Security is a household name when it comes to safety in Guyana; and is among scores of companies with booths on display at the International Energy Expo 2023, at the Marriott Hotel, Georgetown, Guyana. The company decided to venture...

SBM Offshore announces new brand positioning

SBM Offshore on Thursday announced its new brand positioning – TRUE. BLUE. TRANSITION. Powered by the ocean, the company said via its LinkedIn page that this move reflects its commitment to being part of the solution, striving towards better energy...

Guyana’s largest shore base facility hits 1,000 days LTI free

Deputy General Manager of the Guyana Shore Base, Rabin Chandarpaul was happy to report that the facility touched another safety milestone, hitting 1,000 days without any lost time incidents. Lost time incidents are accidents that occur when a worker sustains...

Much of Guyana’s 17 trillion cubic feet of gas at southeastern part of Stabroek Block

Guyana’s hydrocarbon discoveries with considerable portions of natural gas are in the southeastern part of the Stabroek Block near the border with Suriname, according to a Ministry of Natural Resources map published in its 2023 Energy Brief. Guyana’s Finance Minister,...

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SBM Offshore subsidiary seeks local suppliers for steel, timber and safety equipment

Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, is seeking information from Guyanese suppliers for steel...