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Ramps Logistics secures full integrated contract with Tullow for Guyana drill campaign

Ramps Logistics has secured a fully integrated cross-border logistics contract inclusive of shore base provision and management, marine agency, personnel logistics, freight forwarding and customs brokerage, with UK-based Tullow Oil for its upcoming Guyana drill campaign. Further to this, a...

TechnipFMC secures contract iEPCI contract for TOR development

TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters. This contract...

ExxonMobil contracts Noble Don Taylor for Guyana drill campaign

ExxonMobil has contracted the drillship Noble Don Taylor for operations offshore the South American country of Guyana. This is according to a fleet status report from Noble Corporation which was published on April 18, 2019. The Noble Don Taylor has...

Venezuela turmoil puts a pause on Dragon Gas deal with Trinidad and Tobago

Deteriorating conditions in Venezuela, home of the world’s largest oil reserves, is obstructing a deal with neighbouring Trinidad and Tobago to transport gas over a 17 km pipeline from the Dragon Gas Field to the Hibiscus platform, in the...

Boosting capacity crucial to Guyana’s management of oil & gas sector – World Bank

Recognising that Guyana’s institutional capacity to oversee and manage the Oil and Gas sector “is limited in the various relevant government ministries, commissions and other departments” the World Bank says enhancing this capability is crucial if the South American...

Africa Oil ups stake in Eco Atlantic ahead of Guyana drill campaign

Canada-based Africa Oil Corp. (AOI–TSX, AOI–Nasdaq-Stockholm) said on Wednesday it had acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas Ltd. (TSXV: EOG or LSE: ECO) for US$1.05 per common share for a total consideration of US$4,999,998. The common...

TechnipFMC secures subsea contract for Lapa Pre-Salt Field in Brazil

UK-based TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a contract for the Lapa field by Total E&P do Brasil Ltda on behalf of the Lapa Field Consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil...

Saipem snags 200 million USD in offshore contracts

Liza Phase 1 Development prime contractor, Saipem, has been awarded new contracts in Offshore Drilling in Norway and the Middle East totalling over 200 million USD. The company said on Friday that one contract was signed with the German company...

Harvey Gulf wins contracts in Guyana, 3 other locations

Harvey Gulf International Marine said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname. This follows the company’s commitment to global in September 2018 and the opening of its Guyana office in March this year. The...

Guyanese & TT JV construction company secures contract for ExxonMobil new Ogle HQ

Nabi/KCL Oilfield Construction Services Guyana has secured the contract for the construction of ExxonMobil affiliate Esso Exploration and Production (Guyana) Limited’s new head office located at Ogle, East Coast Demerara. Nabi/KCL Oilfield Construction Services said in a statement on Thursday...

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Irfaan Ali charts oil-fueled, sustainable future as Guyana’s ninth President

Flanked by First Lady Arya Ali and their son Zayd, Irfaan Ali was sworn in on Sunday as Guyana’s...