Nestled on the northern tip of South America, the small nation of Guyana, now the fastest growing economy in the world, will become the continent’s second biggest oil producer by 2027. The massive success the country has seen in...

Within one year of receiving the first set of payments for its internationally validated forest carbon credits, the Guyana Government has set a new record of implementing 500 projects, all of which will lend to the sustainability of over...

Local vendors interested in joining Schlumberger Limited's (SLB) approved list will have an opportunity on December 6 when the company hosts its Open Supplier Forum at its Houston, East Bank Demerara location.  “Our preferred suppliers are those that collaborate with...

Analysts have said the significant sums Guyana is set to receive in oil revenue can make the country one of the richest in the world, per capita. The companies producing oil there are also set to receive massive returns...

ExxonMobil Guyana Limited (EMGL) has revealed plans to acquire telecom structured cabling system supply and installation services in Georgetown. The objective is to fortify its infrastructure in both existing and forthcoming facilities. EMGL has issued a Request for Information...

ExxonMobil has begun targeting the Basher-1 well in the Stabroek block, the company confirmed to OilNOW.  According to details provided by the Maritime Administration Department (MARAD), ExxonMobil has commenced drilling the Basher-1 well using the Stena DrillMax. Basher-1 represents one of...

For the period January to September 2023, ExxonMobil produced over 102 million barrels of crude offshore Guyana. Two floating production, storage and offloading (FPSO) vessels operating in the Liza field hit the milestone together - Liza Destiny produced nearly...

DOF has secured substantial contracts in the maritime industry, with deals involving both Subsea7 and Maersk Supply Service. The company sealed a deal with Subsea7 for the time charter of the Skandi Acergy, a construction vessel boasting a 400-ton crane,...

Guyana’s Minister of Natural Resources Vickram Bharrat recently announced that Bayphase, an international oil and gas consultancy firm, is reviewing ExxonMobil's Field Development Plan (FDP) and Environmental Impact Assessment (EIA) for its sixth Stabroek block development.  Bharrat said that the...

ExxonMobil Guyana Limited (EMGL) is gearing up to engage suppliers for the provision of another set of onshore and offshore services as part of its operations in the Stabroek license area. According to public requests for information (RFIs), the company...