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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...

Guyana depends on 90% of trade via ships; port security critical – MARAD head

In a concerted effort to bolster port security and shoreline protection, a comprehensive port security seminar has opened in Georgetown, Guyana. This five-day training session, conducted in collaboration with the Maritime Administration Department (MARAD) and DIRECTEMAR Chile, will equip...

Exxon targeting more crude at Bluefin-1

ExxonMobil Guyana has commenced exploration drilling operations at the Bluefin-1 well site, situated within the Stabroek Block of Guyana's Exclusive Economic Zone, as announced by Guyana's Maritime Administration Department. This move comes as part of the company's vigorous exploration...

Guyana power generation, demand reaching record highs, stirring call for conservation

In the wake of rapid economic growth, Guyana is witnessing its highest-ever electricity generation and demand. According to a September 29 notice from Guyana Power and Light Inc. (GPL), the Demerara-Berbice Interconnected System (Guyana’s central grid system) recorded a...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...