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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...

City Chamber joins CARICOM business group for better Guyanese representation

The Georgetown Chamber of Commerce and Industry (GCCI) has become a member of the CARICOM Private Sector Organization (CPSO), a service organization that mobilises and advances private sector participation within the Caribbean Community and Common Market (CARICOM).  The Chamber announced...

US$100M to be invested in international oil and gas institute – Guyana President

Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...

Oil finds in Guyana, Suriname position countries to become “new force” in global energy sector

Paramaribo, Suriname – Over the last two years, South American neighbours – Guyana and Suriname have been foisted into the limelight due to the exciting oil and gas discoveries being made in both offshore territories. To date, Guyana’s proven oil and...

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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,...