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Guyana moves to map out its natural gas development plan

Guyana is on the brink of unveiling its draft national gas utilization strategy.  This was shared by Vice President Bharrat Jagdeo during a weekly press conference on October 12 where he indicated that public consultations would commence soon. Jagdeo announced, “We...

Guyana expects development plan for Exxon’s sixth project this month

The Guyana government expects ExxonMobil Guyana to submit its field development plan (FDP) for the Whiptail project before the end of October. “ EMGL has indicated their intention to submit their production license application and FDP by the end of...

Guyana among major oil producers driving global subsea tree demand – Westwood

Westwood Global Energy Group has released its 2023-2027 subsea tree demand outlook, projecting a total demand of approximately 1,555 units over this period. Notably, Brazil, Guyana, and Norway are expected to account for roughly 40% of the global demand...

Oceaneering secures multi-million dollar contract with Petrobras for Brazilian operations

Subsea solutions provider, Oceaneering, has inked a five-year contract with Petrobras, potentially valued at up to US$75 million. The contract will be managed by Oceaneering's Brazilian subsidiary, Marine Production Systems, and focuses on the operation of three existing drill...

Guyana produced over 90 million barrels of oil in first eight months of 2023

ExxonMobil’s Stabroek Block projects have produced approximately 91 million barrels of crude, according to data from the Ministry of Natural Resources’ Petroleum Management Programme. Average output for the year is approximately 377,850 barrels per day (bpd). Liza 2, in...

Exxon seeking firms to provide air quality, ocean current monitoring services

In two public requests for information, ExxonMobil Guyana Limited said it plans to put agreements in place to provide ocean current monitoring services and air quality monitoring stations.  As such, suitable firms are being sought.  Firstly, Exxon said it needs five...

Idiotic to say Exxon’s offshore operations responsible for heat wave – Guyana VP

Though it is a well-established fact that El Nino, a natural climatic phenomenon, is contributing to higher temperatures in many parts of the world, some critics of oil and gas are blaming it on ExxonMobil’s operations located more than...

Baker Hughes secures major LNG contract with Venture Global

Baker Hughes, a leader in energy technology, has clinched a substantial contract to furnish a modularised liquefied natural gas (LNG) system and power island. This contract, which will be recorded in Q3 2023, stems from an expanded master equipment...

EMGL seeks deepwater ROV support for key offshore operations in Guyana

ExxonMobil Guyana Limited (EMGL) has made a public Request for Information (RFI), inviting proposals for Deepwater Subsea Remote Operated Vehicle (ROV) services to support its operations in the Stabroek Block, Guyana. EMGL has played a pivotal role in the country's...

Disciplinary action to be taken, over unauthorised audit negotiations with Exxon – Vickram Bharrat

Guyana’s Minister of Natural Resources, Vickram Bharrat, said in a statement on Thursday evening that he was under the impression the Guyana Revenue Authority (GRA) was part of a process that resulted in a drastic reduction in a claim...

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T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026,...