Since the Centre for Local Business Development opened its doors in 2017 in Guyana to help local businesses build capacity and prepare for opportunities in the oil and gas sector, there has been a more than 200 percent increase...

Following the publication of an Expression of Interest (EOI) in July for investors to collaborate with the Guyana government and ExxonMobil on the US$900 million gas-to-energy project, authorities have received over 30 responses, says natural resources minister, Vickram Bharrat....

(S&P Global Platts) International oil major ExxonMobil is working on a final development plan for the Ca Voi Xanh gas project in central Vietnam, amid moves by the government to refocus on domestic upstream development while dialing back on...

Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant,...

(CNBC) The Biden administration on Friday proposed reforms to the country's oil and gas leasing program that would raise costs for energy companies to drill on public lands and water, but stopped short of recommending an end to leasing...

The Guyana Shore Base Inc. (GYSBI) recently increased its local workforce by 25 following three cross-country events held in October targeting new recruits. Providing a progress update on its career fairs, the company said that the 25 locals were hired...

APA Corporation announced results on Wednesday from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well in Suriname. Both operations were recently completed on Block 58. Sapakara South-1 (SPS-1) flow test Flow and subsequent...

SBM Offshore announced on Wednesday that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for Guyana's Yellowtail Development project. The Dutch floater specialist said the award...

ExxonMobil says it is taking very seriously the issues that have been encountered on its first oil production vessel offshore Guyana with the gas compressor system and this is resulting in the implementation of new technology and measures to...

As it awaits the requisite regulatory approvals, ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) has assured that it has and will continue to invest in upskilling locals to support its Stabroek Block projects worth over US$27B. As part...