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Halliburton seeking contractor for provision of drilling chemicals 

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the provision of drilling chemicals.  According to the public EOI, the chemicals - calcium chloride, hydrated lime, soda ash and mono ethylene glycol - must comply with the “quality...

Guyana to contract audit of Exxon’s Stabroek Block 2021-2023 expenses by September 

Guyana's Minister of Natural Resources, Vickram Bharrat, said the government is on track to issue a contract award in September for the audit of Stabroek Block expenses for the period 2021-2023.  “We’re looking at the same model where we can...

Stabroek Block reserve estimate now stands at 11.6 billion barrels – Guyana oil minister

The ExxonMobil-operated Stabroek Block offshore Guyana is estimated to hold 11.6 billion barrels of oil equivalent resources. Minister of Natural Resources, Vickram Bharrat, shared the updated figure during an August 14 press conference in Georgetown.  It represents the first change from...

McDermott secures major EPCI contract for Shell’s Manatee gas project offshore Trinidad & Tobago

US-based oilfield services provider McDermott International has been awarded a contract by Shell for the Manatee natural gas project offshore Trinidad & Tobago. The contract covers engineering, procurement, construction, installation, hook-up, and commissioning (EPCI) for the shallow-water Manatee development. The...

Petrobras reports second quarter loss amid expansion in oil production capabilities

Petrobras reported a net loss of R$ 2.6 billion in the second quarter of 2024, driven by one-off events and significant currency fluctuations. The company's decision to settle legal disputes related to vessel and platform charters in June 2024...

Sure Gig CEO Filisha Duke on navigating Guyana’s oil boom, training, and building a legacy

Filisha Duke, Chief Executive Officer and Founder of Sure Gig Inc., established the company in 2016 to create a legacy that would outlive her while providing meaningful opportunities for others. “From a tender age, it was always my dream...

MODEC launches internship, trainee programs for aspiring oil and gas professionals

MODEC is offering two exclusive opportunities for final-year students, recent graduates, and young professionals eager to break into Guyana’s oil and gas industry. For final-year students, MODEC presents a 1-year paid internship program.  It said this opportunity allows three interns to...

Strohm secures largest pipe supply contract in its history from TotalEnergies for Brazil project

Strohm has been awarded a contract by TotalEnergies EP Brasil to supply TCP Flowlines for an offshore field in the Santos Basin, part of the Brazilian pre-salt region. This contract, according to the company, is the largest commercial award...

Subsea7 anticipates billion-dollar contract for Suriname Block 58 project

Subsea7 is closely watching Suriname’s offshore oil sector, with hopes of winning a massive subsea contract to support TotalEnergies’ Block 58 project.  In a Q2 earnings presentation, Subsea7 listed the Suriname project among a selection of Invitations to Tender (ITT)...

Guyana, Suriname key players in global oil and gas development 

Guyana and Suriname are becoming pivotal areas for oil and gas development, with the potential to significantly influence global energy dynamics, according to Patrick Jelinek, EY Americas Oil and Gas Leader. Jelinek notes that Guyana's nascent energy sector offers both...

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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...