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SBM Offshore Guyana Announces Scholarship Program for Indigenous Women

SBM Offshore Guyana has taken a significant step towards fostering education with the launch of its Scholarship Programme for Indigenous Women in STEM. The program, unveiled on July 19 in the new oil producing South American country, aims to...

Exploring the Next Generation of Opportunities for Guyana

By Tash Doimen & Dr. Terrence Blackman - OilNOW The world’s newest major oil producer, Guyana, is a hot topic in D.C. today. U.S. Secretary of State Anthony Blinken visited the country in early July, marking only the second time...

CNOOC awards scholarships to four Guyanese students

CNOOC Petroleum Guyana Limited (CPGL) has awarded scholarships to four students from Guyana to pursue studies in Petroleum Sciences in China for the academic year 2023-2024. These four promising scholars—Nechemiyah Levans, Aria Matthews, Ishika Singh, and Nazeela Williams—are the...

New Guyanese consortium acquires stake in Newrest Guyana

Guyanese Achieving Together Enterprises (GATE), a consortium of local catering and food service operators, has purchased a substantial equity stake in Newrest Guyana, the country's premier offshore caterer and food supplier to the oil and gas sector. This acquisition comes...

Over 1,000 job seekers flock to Career Fair for Guyana’s largest shore base; some hired on the spot

Over 1,000 eager Guyanese turned out to the Guyana Shore Base Inc. (GYSBI) Career Fair at the West Demerara Secondary School on July 9, with the company managing to hire several on the spot.  Vacant positions ranged from Excavator Operators,...

Guyana officials to go after oil investment from Ghana private sector

As anticipation builds for an upcoming roundtable discussion on the opportunities in Guyana's upstream petroleum industry, officials are gearing up to utilise the event as a platform to promote Guyana and attract international interest in its burgeoning oil sector....

Fifteen teams gear up for Tech Innovation showdown in SBM Offshore Guyana’s 2023 Challenge

Fifteen teams in Guyana are set to compete in the 2023 Innovation Challenge organized by the Office of the Prime Minister's Industry and Innovation Unit. The challenge, launched on Tuesday by Minister of Public Affairs, Kwame McCoy, is being...

Former oil minister’s book on Stabroek Block PSA will have no effect on gov’t policy position – Jagdeo 

While Guyana’s former Minister of Natural Resources, Raphael Trotman is now expressing support for a renegotiation of the Stabroek Block Production Sharing Agreement (PSA) which governs one of the world’s largest oil fields, the contract will remain intact. This...

South America’s oil industry faces high labour demand as operations expand

More oil and gas development means more workers needed - 30,000 by 2024, according to Rystad Energy’s estimates, a significant increase from previous years. And this is just for South America’s operations and maintenance (O&M) workforce.  The Norway-based independent research...

SBM Offshore eyes US$37M in contracts, over 700 training hours for Guyanese 

SBM Offshore Guyana’s recent Vendor Day activity saw a commitment of over 700 hours of training and US$37 million in contracts for local suppliers.  The company met with 70 representatives of local businesses at the event, which is an integral...

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Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage,...