Subsea7 said two contracts have been awarded to a joint venture it has entered into with DeepOcean for the Irpa and Verdande field developments, located in the Norwegian Sea. The fields are operated by Equinor. The Irpa field development project, located...

Guyana is set to pay ExxonMobil Guyana US$55 million each year in recovery costs for the massive gas pipeline being built by the oil giant for its landmark gas-to-energy project. This update was provided by Winston Brassington, Head of Guyana’s...

Norway-based Rystad Energy says it expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter. Helped by strong growth in the...

Impact Fluid Solutions, a provider of advanced oilfield additives designed to tackle complex wellbore issues, said it is availing its products to operators in Guyana.  Impact’s offerings include its FLC® drilling fluid additives and SHIELD BOND® cement spacer system, built...

Quality Companies LLC, with its local affiliate Qualco Guyana, has joined forces with three Guyanese companies – HHSL Safety Systems Guyana Inc., Nexus Machining & Fabrication and Latitude Geospatial – to increase its service offers to Guyana’s nascent oil...

An offshore command centre is being built within ExxonMobil Guyana’s new operating base, currently under construction at Ogle, East Coast Demerara. Its President, Alistair Routledge told a news conference on Feb. 9 that the building – which recently gained the...

ExxonMobil is gearing up to commence construction on the Gas-to-Energy pipeline and associated infrastructure for the Gas-to-Energy project in Guyana as soon as all regulatory hurdles are cleared. President of ExxonMobil Guyana, Alistair Routledge said the company submitted revisions to...

Trinidad and Tobago’s Minister of Energy, Stuart Young is leading a team to Caracas, Venezuela to kick off negotiations with the Bolivarian Republic for the Dragon gas deal. According to TT media reports, Young is being supported by Trinidad’s Venezuelan...

The Offshore Technology Conference (OTC) presented ExxonMobil with the OTC Distinguished Achievement Award in recognition of its affiliate Esso Exploration and Production Guyana Limited’s Liza Developments in the offshore Stabroek Block. OTC said Liza Phase 1 was “one of the...

By Dr H. Arlington Chesney - OilNOW An integrated and holistically conceptualised oil and gas sector could assist in developing a transformed and modernised Guyana and regional agriculture and contribute to regional food security. It could thus again be a...