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Over 90 local suppliers working with Edison Chouest in South America’s new oil and gas hot spot

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Marine transportation service provider Edison Chouest though its local affiliate G-Boats Inc., an ExxonMobil Guyana prime contractor, says it has been expanding its local content efforts to create more jobs and provide training and capacity building opportunities for Guyanese...
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Brent drops as oil rally falters

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(Reuters) Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose and amid concerns about a slowing Chinese economy. Brent crude was down 46 cents, or 0.6 %, at $78.63 a barrel by 0950 GMT. On Tuesday, it fell...
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Guyana’s oil development will not undermine climate change agenda – President Ali

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President of Guyana Dr. Mohamed Irfaan Ali categorically asserted on Friday that the country's climate agenda, as well as its activism, will not change or be eclipsed by its fervent desire to develop the more than nine billion barrels...
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Oilfield services company, ChampionX, opens Guyana storage facility

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A new storage facility to service Guyana’s growing oil and gas industry was opened at McDoom on the East Bank of Demerara, on Thursday. ChampionX, a contractor of ExxonMobil Guyana, said it is committed to operating in a manner...
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Crude oil futures stable to higher

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(S&P Global Platts) Crude oil futures were stable to higher during mid-morning trade in Asia trade Sept. 23 amid supply constraints and a draw in US crude stocks. At 10:10 am Singapore time (0210 GMT), the ICE November Brent futures...
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Driller with most rigs offshore Guyana seeking services from local contractors

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Noble Drilling is seeking multiple services in the new oil producing country of Guyana where it is operating four of the six rigs on contract with oil major ExxonMobil. The company has put out Expressions of Interest (EOI) for Ground...
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Crude oil prices continue to climb

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(S&P Global Platts) Crude oil futures continued their uptrend in midmorning Asia trade on September 16 after sharp overnight gains on a bullish supply-demand outlook. At 11 am Singapore time (0300 GMT), the ICE November Brent futures contract was up...
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Large reserves, stable legal framework crucial to oil investments – energy expert

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Countries with large oil and gas reserves and a stable legal environment are best positioned to benefit from major investments. Sheky Espejo, a contributor at S&P Global Platts, said in a recent podcast that companies operating in Latin America...
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Contractors being sought to paint ExxonMobil office complex in Guyana

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Suppliers, Contractors and Specialist Sub-contractors are being invited to submit an Expression of Interest (EOI) for painting services for ExxonMobil’s 15-acre campus located in Ogle on the outskirts of Georgetown, Guyana. Nabi/KCL Oilfield Construction Services Guyana has secured the contract...
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Maduro in major bid to attract more oil investments as top China producer pushes to revive output

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(Bloomberg) China’s top oil producer is laying the groundwork to revive output in Venezuela as President Nicolas Maduro finalizes legislation to attract more international investment. Once a major investor in the OPEC nation, China National Petroleum Corp. is sending engineers and commercial...
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Guyana among nations overhauling petroleum laws to attract investment – GEOExPro

Guyana is among a group of countries that have introduced sweeping changes to their petroleum laws in a bid...

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