Guyana’s consideration to possibly establish a national oil company has been shelved, Vice President Dr. Bharrat Jagdeo said at the International Energy Conference. Instead, South America’s rising oil star will be focusing efforts on more direct government-to-government engagements for oil...

ExxonMobil’s Upstream President, Liam Mallon, says in almost every scenario moving forward, when it comes to meeting the world’s energy needs, oil and gas remain vital. This will be a key part of his message at the International Energy Conference...

Impact Fluid Solutions, a provider of advanced oilfield additives designed to tackle complex wellbore issues, said it is availing its products to operators in Guyana.  Impact’s offerings include its FLC® drilling fluid additives and SHIELD BOND® cement spacer system, built...

ExxonMobil has plans to test its Ranger discovery in the Stabroek Block, President of the Guyana operations, Alistair Routledge, confirmed on Feb. 9. Made in 2018, it was Exxon’s sixth discovery and was its deepest in that year, some 60...

ExxonMobil Guyana President, Alistair Routledge said ExxonMobil is “looking very closely at the potential for gas development” offshore Guyana. He noted during a media conference in Georgetown on Thursday, that such development(s) would be somewhat unique given the presence of...

Quality Companies LLC, with its local affiliate Qualco Guyana, has joined forces with three Guyanese companies – HHSL Safety Systems Guyana Inc., Nexus Machining & Fabrication and Latitude Geospatial – to increase its service offers to Guyana’s nascent oil...

Vice President Dr. Bharrat Jagdeo last Friday defended the government’s position to support ExxonMobil recovering the US$160 million cost of its Guyana onshore facility, through the cost oil mechanism in the Stabroek Block Production Sharing Agreement (PSA). ExxonMobil Guyana President,...

An offshore command centre is being built within ExxonMobil Guyana’s new operating base, currently under construction at Ogle, East Coast Demerara. Its President, Alistair Routledge told a news conference on Feb. 9 that the building – which recently gained the...

Transocean said that one of its wholly owned subsidiaries has agreed to invest in Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling interest in the company. GSR is the deep-sea mineral exploratory division of DEME Group NV...

Guyana President Dr. Mohamed Irfaan Ali said Friday that discourse in Guyana about the Stabroek Block Production Sharing Agreement (PSA), particularly the call for renegotiation, has become one of obsession and paranoia. “Don’t ask me the question a hundred times,”...