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Bourbon’s Mistral and Ruby vessels to deliver offshore fuel support for Exxon’s Guyana projects

Bourbon Guyana Inc. has applied to the Environmental Protection Agency (EPA) for approval to provide offshore bunkering services to ExxonMobil Guyana Limited’s Whiptail, Yellowtail, and Uaru projects within the Stabroek Block.  According to Bourbon’s project submissions, the operations will involve...

Number of high-impact exploration companies halves as discovered volumes slide – Westwood

A new report by Westwood Global Energy Group indicates that, despite shifting market conditions, high-impact exploration (HIE) remains a key focus, although the sector has become increasingly concentrated among fewer players over the past decade.  According to Westwood’s October 7...

Global oil market faces oversupply risk as demand softens, says Westwood

In an October 7 report, Westwood Global Energy Group warned that 2025 is shaping up as a turbulent year in the global oil and gas sector, with soft demand and surging supply threatening to unbalance the market. Westwood points out...

Omni Helicopters leads Suriname’s first helicopter-enabled rescue training

Omni Helicopters International (OHI) has confirmed that in late September, it joined forces with Suriname’s Coast Guard and Navy to execute that country’s first-ever helicopter-enabled Search and Rescue (SAR) and Man Overboard (MOB) training off Paramaribo. The announcement was...

New oil licenses mean expanded opportunities for Guyanese, says new local content director

The award of new oil blocks in Guyana will open the door for more Guyanese to benefit from the country’s expanding petroleum industry, according to Michael Munroe, Director of the Local Content Secretariat. Munroe, who also serves as a legal...

Four tankers lifted cargoes from Yellowtail project in September 

ExxonMobil’s Yellowtail project is ramping up oil production, with four tankers lifting cargoes from the ONE GUYANA floating production, storage and offloading (FPSO) vessel in September. A typical cargo is approximately one million barrels. The FPSO, designed to produce up to...

Four bids in for engineering role as Guyana seeks builder for NGL facility

Four firms have submitted proposals to provide engineering services as the government moves to procure a developer for a natural gas liquids (NGL) storage and marine offloading facility, a component of Guyana’s landmark Gas-to-Energy project. According to a notice published...

President Ali says Guyana must develop skills to trade its own crude

Guyana’s President, Dr. Mohamed Irfaan Ali on Thursday pledged to build domestic capacity for marketing the South American nation’s rapidly growing oil output. He said the government will work with local businesses and foreign partners to develop the expertise...

Saipem manufactures first subsea structure of its kind in Guyana for Exxon’s Uaru project

Italian oilfield services company Saipem announced that it has completed the first complex subsea structure ever built in Guyana, describing it as a milestone for the country’s local content initiative. The Pipeline End Termination (PLET), manufactured at the Vreed-en-Hoop Shorebase,...

Exxon’s Yellowtail oil project in Guyana to hit full 250,000 bpd in a month

ExxonMobil’s Yellowtail oil project offshore Guyana will ramp up to its full production capacity of 250,000 barrels of oil per day (b/d) in a month.  The company’s Guyana Production Manager Huzefa Ali made the announcement on Thursday during an Energy...

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Thousands of teachers and students in Guyana are expected to feel the impact of ExxonMobil’s STEM investment

ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring...