MODEC Guyana seeks contractors for FPSO mooring hook-up services for Hammerhead project

June 2 (oilnow.gy) MODEC Guyana is seeking contractors for floating production, storage and offloading (FPSO) vessel mooring hook-up services for the Hammerhead project offshore Guyana, according to a Request for Information (RFI) published on June 1 through the Centre for Local Business Development (CLBD).   The opportunity forms part of preparations for the Hammerhead development, which is expected... Continue Reading →

Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

May 26 (oilnow.gy) Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take years to complete, according to an S&P Global analysis published on May 20.  The report examined Venezuela’s plans to restructure sovereign debt and obligations tied to state oil... Continue Reading →

ExxonMobil invites public input as proposed Haimara project enters EPA process

May 26 (oilnow.gy) ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek Block. The project is expected to anchor a gas-focused development in the southeast section of the block, where ExxonMobil has made discoveries including Haimara and Pluma. Public scoping... Continue Reading →

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