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Guyanese begin overseas training to work on Prosperity FPSO

Seven Graduate Engineers from SBM Offshore’s Graduate Engineering Programme arrived in the Netherlands on August 10, 2021, to begin training, in preparation to work on the Prosperity Floating Production Storage and Offloading vessel (FPSO), which is under construction in...

Guyana’s Vice President on three-day visit to Suriname

Guyana’s Vice President, Dr. Bharrat Jagdeo is in neighbouring Suriname for a three-day visit, accompanied by Minister of Natural Resources, Vickram Bharrat. Dr. Jagdeo met President of Suriname, Chandrikapersad Santokhi, Ambassador Albert Ramdin, Minister of Foreign Affairs, International Business and...

Major private sector groups in Guyana collaborating for mega oil and gas event

The Georgetown Chamber of Commerce and Industry (GCCI) said Monday it is pleased to announce its partnership with the Guyana Oil & Gas Energy Chamber (GOGEC) as an organizing partner for the upcoming Guyana Energy Conference & Exhibition (GEC-X). The...

Guyanese workers assemble massive subsea jumpers for Liza Phase 2 Development

In what is being described as a significant milestone in the development of the local supply chain, Italian oilfield service company Saipem has utilized a Guyanese workforce for the assembly, testing, coating, and loading of massive subsea jumpers for...

Growing a Guyanese brand with international standards

When Kerensa Gravesande-Bart conceptualised Strategic Recruitment Solutions Incorporated Guyana (SRSGY), she knew that she wanted to create a company that would not only be Guyanese-owned but it should be able to drive local content and provide tangible avenues for...

Suriname moving to develop “fit for purpose” shore base facility

After decades of offshore exploration, Suriname has made significant hydrocarbon discoveries, particularly over the course of 2020 and 2021. These discoveries have intensified the exploration and appraisal efforts of various license holders and provides a positive outlook for future...

Multi-billion-dollar Vreed-en-Hoop port facility gets greenlight from EPA

The multi-billion Guyana dollar ‘Port of Vreed-en-Hoop’ facility that will feature a major shore base at Foreshore, Plantation Best on the West Bank of Demerara has been given the greenlight by the Environmental Protection Agency (EPA). The project will see an...

Exxon in search of Quayside and Laydown Area on West Bank of Demerara River

ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) has put out a Request for Information (RFI) seeking detailed operational and technical information from suppliers for meeting its bid selection requirements for a Quayside and Laydown Area on the...

Preparing Guyanese youth for 21st century economic development

By Wilberne Persaud – OilNOW In my April 2020 commentary: “GUYANA | Workable, Transparent Gov't Policy Needed for Oil and Gas Investment” an important bullet point read: “Guyana has but one limited, time-bound chance, to make oil and gas its...

Guyanese benefitted from almost GY$19 billion in oil and gas contracts during first half of 2021

During the first half of 2021, ExxonMobil Guyana and its contractors spent nearly GY$19 billion with more than 750 Guyanese vendors on goods and services ranging from food stuff to engineering. This has generated, either directly or indirectly, an...

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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,...