Guyana
News
August 10, 2023
Tullow’s decision to exit the Orinduik license is in line with its strategy to focus on its high return production assets in Africa and infrastructure-led exploration around producing hubs and delivering its objective to unlock value in emerging basins.
News
July 10, 2023
Not only have oil and gas companies been drawn to Guyana’s vast hydrocarbon resources, but they’ve also taken note of the country’s attractive regulatory and fiscal regimes.
News
June 28, 2023
CGX Energy Inc. and Frontera Energy Corporation are excited to announced today that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.
News
June 14, 2023
A bypass well (Wei-1BP1) was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block.
News
May 24, 2023
The contract includes Trendsetter’s TCS subsea connectors, hubs, and an assortment of pressure caps and tooling. The contract also includes subsea valves, sourced from Advanced Technology Valve (ATV) in Colico, Italy.
News
May 19, 2023
The contract includes delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length.
News
May 04, 2023
The final phase of the awarded scope of work includes the design, fabrication and installation of subsea structures, risers, flowlines, and umbilicals for a large subsea production facility. Saipem will perform the operations using its flagship vessels FDS2 and Saipem Constellation.
News
May 03, 2023
TechnipFMC will provide project management, engineering, and manufacturing to deliver the overall subsea production system. The award covers 44 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.
News
April 28, 2023
The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026.
News
April 17, 2023
With a fleet of 6 vessels (Large PSV, AHTS & Tugs) and the full range of marine services, Bourbon Guyana has operated in the country since 2019 and has since then successfully supported ExxonMobil Guyana and Saipem Guyana for the development of Stabroek field, promoting local employment with more than 70 Guyanese seafarers onboard its vessels.
News
March 07, 2023
The country’s first auction is expected to take place by the end of May after being delayed by a few weeks as the government finalizes contract terms and legislation that ensure it secures a larger share of proceeds, Jagdeo said in an interview in Houston on Monday. The country has ample drilling locations to justify a second sale next year.
News
February 16, 2023
The MOU between Energy NL and the Canada Guyana Chamber of Commerce is intended to establish a good faith relationship between both organizations which will lead to the mutual benefit of their memberships.
News
February 03, 2023
Keppel O&M’s scope of work on FPSO Prosperity includes the fabrication of several topside modules, riser, mooring and umbilical structures, followed by the installation and integration of these structures and all topside modules onto the FPSO.
News
January 23, 2023
The Wei-1 well is approximately 14 km northwest of the partners’ previous Kawa-1 light oil and condensate discovery. The Wei-1 well will be drilled in a water depth of approximately 1,912 ft. to an anticipated total depth of 20,500 ft.
News
January 13, 2023
This latest award, which is subject to government approval of the project and a final investment decision, follows closely on the heels of a similar campaign confirmed last year with the oil and gas supermajor. The award marks the largest commercial agreement in Strohm’s 15-year history.
News
October 04, 2022
Veolia Water Technologies, through its subsidiary VWS Westgarth Ltd, has been awarded a multi-million-dollar contract by the Yellowtail - SBM Offshore/McDermott Joint Venture for the supply of a seawater treatment process module for the One Guyana FPSO that will operate in the Stabroek block, offshore Guyana.
News
September 07, 2022
Guyana has some of the world's biggest offshore discoveries made in years, with 10 billion barrels of recoverable oil and gas starting to come online since 2019. Sulzer has delivered 11 high pressure water injection pumps, and the latest order for five more HPcp pumps will support the largest FPSO in the Stabroek block.
News
May 05, 2022
Energy demand is expected to increase, and deepwater oil and gas will play a critical role in the energy mix in the future, ExxonMobil Vice President of Deepwater Jeff Weidner said during an executive dialogue.
News
May 03, 2022
TechnipFMC has been awarded an additional contract and received notice to proceed by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for its Yellowtail development in the Stabroek Block offshore Guyana.
News
April 27, 2022
ExxonMobil announced three new discoveries offshore Guyana which will increase the estimate of the recoverable resource of the Stabroek Block to nearly 11 billion oil-equivalent barrels.
