SBM Offshore is the first prime contractor of ExxonMobil Guyana to receive its Letter of Approval for its Local Content Master Plan, 2022. Halliburton was the second company to receive this letter followed by CGX Energy Inc.
The Ministry of...
With Guyana’s current estimated recoverable gas totalling over 17 trillion standard cubic feet, the government has already commenced efforts to determine the best use for these resources. The government reminded, in its 2022 mid-year report, that under the Yellowtail...
Vreed-en-Hoop Shore Base Incorporated (VEHSI) is looking to provide employment to residents of Region Three, where the company is developing a shore base facility. On Saturday, September 10, VEHSI is hosting a job fair to assess the hiring pool...
Aiteo Group – one of Nigeria’s latest energy conglomerates has signaled its interest in Guyana’s booming oil and gas sector, particularly in onshore exploration and development.
Its Chief Executive Officer (CEO) and Founder, Benedict Peters led a delegation of investors...
Shell said Monday that its subsidiary, Sarawak Shell Berhad (SSB), made an investment decision to develop the Rosmari-Marjoram gas project.
As operator for the project, Shell’s 80% stake is joined with a 20% stake held by PETRONAS Carigali Sdn Bhd, the...
Guyana's landmark Local Content Policy became law last December and almost nine months down the line, its impact is being felt throughout the country's booming oil and gas sector.
3T EnerMech's massive OPITO Training Centre of Excellence at Lusignan, East...
From 2022 through 2027, Suriname’s state oil company, Staatsolie, plans to expend an estimated US$1.5 billion as part of its Investment Program, the bulk of which will be for participation in offshore development.
In its updated Strategic Roadmap, Staatsolie noted too that the...
The American Bureau of Shipping (ABS) has introduced new detailed requirements for greener offshore operations in its first sustainability guide targeting the global offshore industry.
ABS said the guide, developed by working with major offshore industry clients – like ExxonMobil,...
With Guyana’s massive Gas-to-Energy project on track for its 2024 start-up, the government through a request for proposals (RFP) is seeking consultants to provide legal and commercial advisory services along with negotiation support.
The RFP published by the Ministry of...
Barbados is looking to test its exclusive economic zone for petroleum deposits, as it will open a licensing round for 22 offshore blocks later this year.
The notice from the Ministry of Energy and Business said interested oil and gas...