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Guyanese, T&T companies in subsea support joint venture

Caribbean Subsea Specialist Inc., (CSSI) a Guyanese majority-owned subsea services company has entered the country’s market, promising to bring world-class training to the oil and gas sector. Launched on Thursday evening, CSSI’s Operations Coordinator, Dylan Galt, said that the company...

Builder of Guyana’s oil production vessels looking to fill multiple positions

SBM Offshore, the company building and operating floating production storage and offloading (FPSO) vessels for oil production activities offshore Guyana, is looking to fill multiple positions for its local operations. In a public notice, the company said it is looking...

Guyanese businessman unlocks financing opportunities with launch of new merchant bank

Guyanese businessman and Accountant Floyd Haynes opened the New Hayven Merchant Bank on Thursday at the Marriott Hotel. The Bank's office is on Church Street in Georgetown. Under the banner ‘Guyanese Roots, Globally Connected’, the new bank will have firsthand...

Enermech nets US$128M in Africa, Middle East, Caspian contracts

Enermech announced Wednesday that it was able to net several operating expenditure (OPEX) and capital expense (CAPEX) contracts totaling US$128 million for work in African, Middle Eastern and Caspian locations. Eight key clients awarded 11 core competency projects, across a...

Tullow to merge with Capricorn to form leading African energy company

Tullow Oil and Capricorn Energy have proposed to merge to form a leading energy company in Africa. Chief Executive Officer of Tullow Oil, Rahul Dhir said in a July operational update that the company is preparing a circular and prospectus...

Exxon seeking multiple suppliers in Guyana as operations expand

ExxonMobil is on the hunt for multiple suppliers for a host of local services as its oil and gas operations in Guyana’s offshore Stabroek Block rapidly expands. Its Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), plans to put...

Guyana determined to sustain investment pipeline for value-packed oil projects

If the Guyana government were to impose a cap on the expansion of Guyana’s oil and gas operations by, say, not approving any more projects, it would essentially be killing the momentum in the local supply industry. According to...

Driller with most rigs offshore Guyana looking for caterers

Noble Drilling (Guyana) is on the hunt for suitable applicants to submit technical information for the provision of offshore catering, housekeeping, laundry, janitorial and pest control services. In a Request For Information (RFI), Noble said the scope of supply includes...

Exxon searching for companies to construct Guyana’s first-ever oil and gas training institute

ExxonMobil’s affiliate Esso Exploration and Production Guyana Limited (EEPGL), has commenced its procurement process for a contractor to construct the Guyana Technical Training Institute – the nation’s first state-of-the-art oil and gas training facility. In the request for information issued...

New oil bounties in CARICOM warrant revised trade agreement – Economist

Paramaribo, Suriname – Since the development of the CARICOM Single Market and Economy (CMSE) agreement, the Caribbean has changed. Massive oil and gas discoveries have been made. The Revised Treaty of Chaguaramas – the main pact establishing the Caribbean Community...

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Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at...