The offshore developments in Guyana are growing both in number and capacity, with the fourth proposed project at Yellowtail being designed to utilize a giant floating production storage and offloading (FPSO) vessel capable of holding 2 million barrels of...
Guyana has gone from having no known oil resources just 6 years ago to now holding over 9 billion barrels of oil equivalent. The small South American country is now well on its way to becoming one of Latin...
The Yellowtail development, Guyana’s fourth deepwater petroleum production project, is targeting 250,000 barrels of oil per day, the largest volumes yet for a single development offshore the South American country.
According to documents submitted to the Environmental Protection Agency by...
Keppel Offshore & Marine has secured yet another contract for a South America-bound floater. The company announced on Monday that it was hired for the turnkey delivery of P-78, one of the largest Floating Production, Storage and Offloading (FPSO)...
(S&P Global Platts) Brazil's National Petroleum Agency expects the number of exploration wells drilled off the country's coast to nearly quadruple in 2021 to 19 wells as oil companies ramp up activity and the coronavirus pandemic wanes, the regulator's...
Stena Drilling, operator of the Stena Carron and Stena DrillMAX rigs on contract with ExxonMobil for operations offshore Guyana, is seeking contractors to supply a range of services from the second quarter of this year.
“Food Services may be required...
In addition to Uaru-2, three other discoveries offshore Guyana – Liza Deep, Tripletail and Yellowtail – have had deeper penetrations into the Santonian. That deeper interval is found not only at the prolific Stabroek Block, but also extends east...
U.S. oil major ExxonMobil, operator at the prolific Stabroek Block offshore Guyana, has submitted an application to the Environmental Protection Agency (EPA) to undertake the Yellowtail Development.
According to the EPA, the proposed project will be implemented in multiple stages...
While the Guyana government forges ahead with plans to bring the US$900M gas-to-shore project on stream by 2024, there have been some expressed concerns about the implications such initiatives may have in delaying the country's full transition to renewables....
Guyanese firm Strategic Recruitment Solutions Inc. (SRS) has expanded its professional network and services to Suriname. Effective May 4, 2021, SRS launched a partnership with the Suriname based Humus Consulting. The Joint Venture, Strategic Recruitment Suriname N.V., will provide...