Exxon contractor on the hunt for top-notch security services, rental properties

Noble Drilling, one of ExxonMobil Corporation’s renowned offshore drilling contractors, is seeking to identify potential partners capable of providing security services for various operational...

ExxonMobil still shines amidst profit dip, secures colossal US$19.5B for first half of 2023

ExxonMobil Corporation, the American multinational and operator of Guyana's Stabroek Block, showcased its resilience in the face of challenges, amassing a staggering US$19.5 billion...

Petroleum Activities Bill for Parliament August 3; recent bid extension is final one- VP...

The government is poised to present the Petroleum Activities Bill in the National Assembly on Thursday, August 3, as confirmed by Vice President Dr....

Guyanese firm to construct US$25M wharf facility to support Baker Hughes’ oil sector operations

In a significant move to bolster its support for Guyana's offshore oil and gas activities, JOP Property Holdings Inc., a prominent Guyanese company, has...

Bid submissions for Guyana’s maiden auction sees third extension

The Ministry of Natural Resources has made an important announcement regarding the extension of Guyana's inaugural auction, the 2022 Licensing Round. The deadline for...

Guyana’s oil help save Hess second quarter profits from plunging beyond US$119M

In a noteworthy financial report today, renowned American oil producer, Hess Corporation, disclosed that it made a net income of US$119 million, equivalent to...

Is the Oil and Gas Governance Network a legitimate organization?

Dear Editor, The Oil and Gas Governance Network (OGGN) has been given immense prominence by the publisher of Kaieteur News as an authoritative, legitimate, and...

South America a deepwater hotspot but faces gas monetisation, infrastructure woes- retired geologist

By Sueann Wickham Latin America and South America have emerged as prominent hotspots for deepwater projects and exploration activities. However, the region faces challenges when...

The Natural Resource Fund, Withdrawals, and National Development Priorities

Summary Pursuant to the Natural Resource Fund (NRF) Act, all withdrawals from the NRF to finance the National Budget are subject to approval by the...

Exxon seeking Guyanese companies to build access road for its new US$160M headquarters

ExxonMobil, the operator of Guyana's prolific Stabroek Block, is currently seeking companies to provide civil works and road construction services for its new headquarter...

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