Major recruitment firm using job camps to connect locals with more oil sector opportunities
El Dorado Offshore (EDO) recently hosted two successful job camps to build the capacity of local job seekers across Guyana. This was done as...
OPERATIONS UPDATE: Demerara, Corentyne Block hold almost 5 B barrels of oil resources, drilling...
CGX Energy Inc. and its joint-venture partner Frontera Energy Corporation announced today, the results of an independent Prospective Resource study and report in respect...
Swiss company secures contract to drive electrical innovation on Guyana’s fifth oil project
Swiss technology company Asea Brown Boveri (ABB), which operates globally in robotics, power, and automation technology, has secured a significant contract for works on...
Guyana may be forced to accept some of ExxonMobil’s costs for Stabroek Block as...
Due to its acceptance of relatively short auditing timelines for expenses incurred for the exploration, development, and production phases of the Stabroek Block, the...
Central Bank moves to strengthen systems to manage Natural Resource Fund
In light of its new role to be the Operational Manager for the Natural Resource Fund (NRF), Central Bank is taking several steps to...
COVID-19 pandemic has amplified significance of Stabroek Block for our shareholders, citizens of Guyana-Hess...
Even as the COVID-19 pandemic continues to cast a shadow of doubt on how soon the industry is likely to recover, its unprecedented effects...
Repsol hires Rowan Jack-up to spud in Kanuku block
Repsol Exploration Guyana has sealed a deal with Rowan Companies to secure the EXL II high-specification Super 116E Jack-up for work in its Kanuku...
Exxon buys Liza Unity FPSO from SBM for US$1.2 billion
SBM Offshore has sold the Liza Unity floating oil production vessel to ExxonMobil Guyana for $1.26 billion, wrapping up the deal months before the...
Audit of Exxon’s books alone won’t stop revenue leakages-Petroleum Advisor
According to the Production Sharing Agreement (PSA) with ExxonMobil, the Government of Guyana has the right to audit ExxonMobil’s books. But Petroleum Advisor to...
UK firm hired to review Exxon, other oil majors Field Development Plans
Out of 17 firms that submitted a bid, UK-based firm Bayphase Oil and Gas Consultants has won the contract to review the Field Development...
