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ABB cops contract to supply electrical, digital systems for Uaru FPSO

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ABB has been awarded a contract by Offshore Frontier Solutions Pte Ltd to provide a comprehensive electrical system and digital solutions for ExxonMobil's Errea Wittu floating production, storage and offloading (FPSO) vessel. Offshore Fronter Solutions is a joint venture...
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100 paid internships in Guyana’s oil sector being targeted this year

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Approximately 100 Guyanese will be offered a paid internship opportunity as part of local content training initiatives being implemented this year.  Senior Minister with responsibility for Finance, Dr. Ashni Singh, who presented Guyana’s 2024 budget on Jan. 15, reported that...
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Over 1,600 more Guyanese to be hired by oil sector over next three years

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Guyana’s oil and gas sector is set to hire over 1,600 Guyanese in the period 2024-2026. During the reading of the 2024 national budget, Guyana's finance minister, Dr. Ashni Singh, outlined the hiring forecast as detailed in the five-year...
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TechnipFMC gets ‘significant’ Gulf of Mexico contract from bp

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TechnipFMC said it has been awarded a significant contract by bp for its Argos Southwest Extension project in the Mad Dog field. Significant contracts, according to TechnipFMC, are valued between US$75 million and US$250 million. Guyana among major oil producers driving...
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Saipem to appeal Brazil’s 2-year public contract ban amidst allegations of irregularities

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Milan-listed offshore engineering and construction company Saipem is set to appeal a two-year ban on signing new contracts with the Brazilian public administration following an investigation into alleged irregularities surrounding a deal signed with Petrobras in 2011. The suspension, imposed...
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Due diligence on awardees being conducted to wrap up oil blocks awards – Jagdeo 

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A verification process of the oil block awardees is being undertaken before the final sign-off, said Vice President Bharrat Jagdeo on Jan. 11.  Asked for an update on the auction, Jagdeo shared that the firms were asked to submit additional...
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Jumbo awarded contract for Exxon’s fifth Guyana FPSO

OilNOW -
Jumbo Offshore has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the Errea Wittu floating production storage and offloading vessel (FPSO), which will be located offshore Guyana at ExxonMobil’s Uraru Development. Errea...
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Gas-to-Energy contractor, Australian firm among four vying to develop Amaila hydropower for Guyana

OilNOW -
The move to develop the Amaila Falls hydropower project in Guyana started with four companies submitting bids to the National Procurement and Tender Administration Board in December 2023. The project, aiming to deliver 165 megawatts (MW) of clean energy,...
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Oil majors gradually taking over Guyana-Suriname basin

OilNOW -
The oil majors ExxonMobil, TotalEnergies, Chevron, and Shell are gradually expanding their presence in the Guyana-Suriname Basin. With some contracts expected to be finalized in 2024, these four companies will have stakes in 15 offshore blocks, amounting to more...
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ExxonMobil to host forum for Guyanese drilling suppliers with major contractors

OilNOW -
ExxonMobil will host an informational forum for Guyanese businesses interested in supporting local oil and gas drilling activities. The January 11 forum will be held at the Marriott Hotel in Kingston, Georgetown from 1 p.m.  The company said its major partners...
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SEOGS 2025 moves to accommodate growing participation

Now in its fifth year, the Suriname Energy, Oil & Gas Summit (SEOGS) has grown into one of the...

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