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Local caterers now have up to July 4 to submit RFI’s to Noble Drilling

Noble Drilling, one of ExxonMobil’s prime contractors, has extended the deadline for firms to submit technical information for the provision of offshore catering, housekeeping, laundry, janitorial and pest control services. The deadline is now July 4.  Noble said the scope of...

Total-Exxon deal to develop Guyana-Suriname gas resources a real possibility

It may be a far way off, but the Guyana government is setting the stage for the development of gas resources with Suriname, if the companies decide to go that way.  The latest development, in this regard, is a proposed...

Mother Nature at Work: Oil and Climate Change in Guyana; Part I

By Ivelaw Lloyd Griffith This is a two-part series on Guyana’s petroleum pursuits and the likely impact of climate change dynamics on those pursuits. In this first article, we look at oil production and note some of the climate change...

Exxon has invested in Guyana, the equivalent to the Central Bank’s total assets

Top officials at ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) have confirmed that its asset base as of December 2022 stood at GY$2.3 trillion (almost US$11 billion).  EEPGL’s Vice President and Business Service Manager, Phillip Rietema was keen...

Eni hires Baker Hughes for Ivory Coast subsea project

Baker Hughes has been awarded a major contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development. This award includes eight deep water trees, three...

Guyana postpones offshore licensing round

Guyana's Vice President Dr. Bharrat Jagdeo has announced a one-month postponement of the country's offshore licensing round beyond the July 15 bid submission deadline. The delay is to facilitate a review of Guyana's oil and gas regulatory framework. The...

Centre for Local Business Development shortlists 35 for ElevateAll weekend business bootcamp

The Centre for Local Business Development has announced the shortlisting of 35 entrepreneurs for its highly anticipated ElevateAll Weekend Business Bootcamp. This selection marks the beginning of Phase One of the programme, aimed at empowering local business owners, operators,...

Exxon has eyes set on buying Liza Destiny & Unity FPSOs from SBM Offshore

The Liza Destiny and Liza Unity floating, production, storage and offloading vessels (FPSOs) are on ExxonMobil Guyana’s radar for purchase, said its Vice President and Business Service Manager, Phillip Rietema.  Both vessels were constructed by Dutch floater specialist SBM Offshore...

Bomesc secures US$152M topside contract for Errea Wittu FPSO

Tianjin-based marine engineering equipment supplier, Bomesc Offshore Engineering, has successfully secured a contract worth US$152 million for the topsides integration on the Errea Wittu floating production, storage and offloading (FPSO) vessel being constructed for ExxonMobil’s Uaru development in Guyana.  According...

Ministry to publish proposed amendment to Guyana oil law on June 19

Guyana's Vice President Dr. Bharrat Jagdeo has disclosed plans to commence a public consultation process for the draft Petroleum (Exploration and Production) Act, which will be unveiled by next week. The move will give Guyanese an opportunity to share...

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Yellowtail production could climb to 290,000 b/d pending government green light

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a...