Suppliers eager to play a role in Guyana’s oil and gas sector through SBM Offshore Guyana listened earnestly as the company outlined potential opportunities at its Let’s Talk Local Content Forum.
The event capped a week of oil and gas...
Guyana’s Natural Resource Fund (NRF) received US$230 million (GY$48 billion) in deposits in January. These included payments for two lifts of crude oil sold in December and royalties for crude oil produced and sold in the fourth quarter of...
Noble Corporation reported a strong fourth quarter of 2024, bolstered by the full incorporation of its Diamond Offshore acquisition.
Noble’s contract drilling services revenue for Q4 2024 totaled US$882 million, up from US$764 million in Q3. The increase was driven...
Guyana’s Natural Resource Fund (NRF) has accumulated enough money to pay off the country’s external debt in full, Senior Minister with responsibility for Finance in the Office of the President, Dr. Ashni Singh, announced on Day three of the...
Guyana wants to offer the Corentyne acreage to another operator after it finally cancels the license of the CGX Energy and Frontera Energy group.
Minister of Natural Resources Vickram Bharrat told Reuters the block, where CGX discovered oil and gas,...
Interest in the development of gas resources offshore Guyana is ramping up as evidenced by the day two presentations at the Guyana Energy Conference and Supply Chain Expo. The conversation shifted to how the new oil producing country can...
The final investment decision for ExxonMobil Guyana’s Hammerhead development is expected to be made by mid-year 2025, its President Alistair Routledge announced today.
“This is subject to us completing the full environmental permitting process and the production license process,” Routledget...
ExxonMobil said that it started a 60-day comment period related to its proposed Hammerhead project in Guyana. In a notice, Exxon said that it has submitted the Environmental Impact Assessment (EIA) and Environmental Impact Statement (EIS) for the Hammerhead Development Project...
ExxonMobil Guyana is embarking on its most intensive year yet for subsea umbilicals, risers, and flowlines (SURF) installation, according to company President Alistair Routledge. The work will connect subsea wellheads to the new floating production storage and offloading (FPSO)...
Aiming to cut costs and streamline operations amid expansion efforts and a legal dispute, Chevron plans to reduce its global workforce by 15% to 20% by the end of 2026.
The legal dispute involves ExxonMobil over the acquisition of the...
