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Liza Destiny gas compressor en route to Germany for repairs – ExxonMobil

The faulty 3rd stage Flash Gas Compressor from the Liza Destiny FPSO operating offshore Guyana is en route to Germany where an assessment of the issue and repairs will get underway soon. President of ExxonMobil Guyana, Alistair Routledge, and...

Exxon targeting new Guyana exploration well this month as search for more crude ramps up

Exploration and appraisal drilling offshore Guyana are moving forward on schedule with a new well expected to be spudded this month on the prolific Stabroek block. After wrapping up the Bulletwood-1 campaign in the Canje block, the Stena Carron...

Talks underway on harnessing Guyana-Suriname energy potential for Arco Norte energy corridor

The establishment of an electricity grid to connect the Arco Norte region of South America has been long in the making, with studies already conducted, but now the conversation has commenced on utilising the energy potential of Guyana and...

Staatsolie boss wants Guyana, Suriname to build world-class shore base as oil discoveries grow

Both Guyana and Suriname are without adequate shore base facilities to support the growing needs of oil companies that continue to ramp up exploration and production activities offshore the two countries. But this state of affairs could change quite...

Exxon contractors reveal wide range of procurement opportunities to Guyanese vendors

As exploration and production activities offshore Guyana continue to expand, so too are the needs of the multiple contractors servicing the oil and gas industry. Over 700 local businesses participated this week in ExxonMobil’s virtual Guyana Supplier Forum where...

Major opportunities coming for Guyanese suppliers to service Saipem fabrication yard

Italian oilfield services company Saipem will soon commence a search for local vendors to supply goods and services for the operation of its fabrication yard and logistics area that is currently under construction in Guyana. Saipem has been awarded subsea...

Rig count in Guyana-Suriname basin has doubled in 2 years

By Hans Jacob Bassoe Bassoe Offshore In the span of just five years, ExxonMobil has had 18 successful discoveries in the Guyanese Stabroek Block alone and proven recoverable resources of more than 9 bboe.  And the operator does not plan on slowing...

Exxon extended position in South America last year despite pandemic woes

Although faced with its most challenging year to date due to the impact of the coronavirus pandemic, U.S. oil major ExxonMobil made significant strides in South America last year, extending its position across multiple basins off the continent's northeastern...

Guyanese companies being prioritised for contracts as Schlumberger pursues major expansion

Oilfield Services Company Schlumberger is pursuing an aggressive local content programme that will see employment opportunities opening up for Guyanese as well as priority being given to local companies for a number of upcoming tenders. Schlumberger is the world’s largest...

Exxon reports steady progress in Guyana’s supplier-base, workforce capacity

ExxonMobil Guyana asserted on Tuesday that the South American country has made steady progress in the expansion of the nation’s capacity to build a skilled workforce and create a competitive supplier base to support its oil and gas operations. The...

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Kamla Persad-Bissessar returns as TT PM in historic win

Voters in Trinidad and Tobago have removed the ruling People’s National Movement (PNM) from power. Electing the United National...