SBM invites Guyanese companies to provide steel fabrication services for Jaguar FPSO

Dutch FPSO builder, SBM Offshore through its local subsidiary, Guyana Deep Water Operations Incorporated (GDO), is seeking Guyanese companies capable of contributing to the...

OIL BLOCKS AUCTION: Gov’t negotiating with oil companies; no drilling prospects approved

The Guyana Government through the Ministry of Natural Resources confirmed on Wednesday that it remains engaged in a robust negotiation process with the companies...

Repeat of allegedly false declarations by Ramps Logistics’ lands Exxon court

Ramps Logistics Guyana has once again found itself in hot water with the Guyana Revenue Authority (GRA) over false declarations, this time causing Stabroek...

MODEC awards FPSO topsides integration contract to Singaporean group

Seatrium Limited, a prominent player in the global offshore, marine, and energy sectors, recently announced the acquisition of a significant contract for Floating Production...

“Oil and gas activities cannot be linked to low fish catch” – FAO study...

The Food and Agriculture Organisation (FAO) has concluded in its study on low fish catches in Guyana, that oil and gas activities is not...

Exxon eager to help locals with better access to finance as Pres. Ali’s calls...

Addressing concerns recently raised by President, Dr. Irfaan Ali regarding the 45-day payment period oil companies must comply with when engaging locals, Alistair Routledge,...

Guyana needs minimum of US$10B in investments to harness oil and gas opportunities- Govt....

Guyana will need at least US$10 billion in investments to fully capitalize on the opportunities that come with its burgeoning oil and gas industry....

Activist fails in second attempt to stall gas-to-energy project

High Court Judge, Justice Simone Morris-Ramlal this morning dismissed a second case by local activist, Danuta Radzik to stall the gas-to-energy (GTE) project. The activist’s...

Guyana eyes Saudi Arabia’s successful oil model for industry growth – Govt. Advisor

Chairman of the Wales Development Authority, Asgar Ally, recently noted the Guyana Government’s aspirations to emulate Saudi Arabia’s success in the oil industry. Speaking during...

ExxonMobil to boost production with installation of risers on FPSOs

ExxonMobil Guyana’s President, Alistair Routledge recently unveiled plans to ramp up production capacity by installing risers on two Floating Production, Storage, and Offloading vessels...

Recent Updates