Showing results for:

Stabroek co-venturer CNOOC looking for onshore caterers

CNOOC Petroleum Guyana Limited (CPGL) is preparing to tender for onshore catering services (Chinese cuisine) in support of its activities in Guyana. In a notice, CGPL said the bidding process will be twofold: a pre-qualification round (RFI) and a proposal...

Rapid oil and gas expansion pushes revision of Guyana National Land Use Plan

Guyanese authorities are in the process of revising the National Land Use Plan in an effort to efficiently streamline the increasing need for shore bases and other oil and gas support facilities.  This is outlined in the Environmental Impact Assessment...

Guyana Prime Minister pegs cost of Gas-to-Energy project at US$1.8 billion

Guyana’s Prime Minister, Mark Phillips has informed the country’s Parliament that the landmark Gas-to-Energy project will cost approximately US$1.8 billion. In providing a breakdown of the project costs, Phillips said the pipeline cost is US$1 billion, which includes the entire...

Saipem gets US$900 million contract for work offshore Norway, Brazil

Saipem said it has been awarded two offshore contracts for a total amount of approximately US$900 million. The first contract was awarded by TotalEnergies for work offshore Brazil on the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field...

Liza field plan being revised to pave way for commercial gas production – Guyana Finance Minister

A review of the Liza Field Development Plan (FDP) and license is on Guyana’s agenda for 2023 to allow for the production of natural gas for commercial use in the country.  Its Senior Minister of Finance, Dr. Ashni Singh made...

T&T’s Energy Chamber mulls piping gas from Venezuela as production dwindles

Trinidad and Tobago’s Energy Chamber believes the State is well positioned to replenish its dwindling gas reserves by using a pipeline to channel resources from Venezuela. The Chamber recalled that it had submitted a six point plan to Trinidadian authorities...

Guyana’s largest shore base facility hits ISO 45001:2018 certification

Building on its ISO 9001:2015 certification, GYSBI – Guyana’s largest shore base recently announced that it is now ISO 45001:2018 certified. ISO 45001 is an international standard that specifies the requirements for a management system for occupational health and safety...

Sri Lanka to auction around 900 offshore oil blocks

Sri Lanka has joined the list of countries looking to garner as much investment as it can from offshore oil and gas resources. President, Ranil Wickremesinghe, recently finalised new regulations to allow for companies to sign an expression of...

Norway awards 47 new oil and gas exploration licences

Norway’s Ministry of Petroleum and Energy has issued 47 new oil and gas exploration licenses on the Norwegian continental shelf to 25 companies. This move is regarded as critical to Europe’s energy security as Russia continues to hit much...

Touchstone Exploration in deal for exchange of onshore assets in T&T

Touchstone Exploration’s Trinidadian subsidiary, Primera Oil and Gas Limited has entered a new Asset Exchange deal with Lease Operators Limited to see the exchange of onshore Trinidad assets. Touchstone will be transferring the Fyzabad, San Francique and Barrackpore blocks –...

Latest News

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...