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Guyana, located on the northern mainland of South America and nestled between Venezuela and Suriname, has become one of the most exciting regions within the oil and gas industry over the last few years. ExxonMobil has invested heavily in the region and has been reaping the rewards since first discovering oil in 2015. In the... Continue Reading →
U.S.-based marine transportation company Harvey Gulf has opened an office in Georgetown, Guyana. The company has this week established a subsidiary named Guyana Offshore Vessel Service Incorporated. The company is targeting 100 percent Guyanese recruitment. Continue reading
The Norwegian energy research and consultancy said on Thursday that new finds totaled 6.7 billion barrels of oil equivalent (boe) in the first half of 2019. The 1,123 million boe average monthly discovered volumes year-to-date is a 35% uplift compared to the 827 million boe seen in 2018. So far, 2019 has been a year... Continue Reading →
Oil and gas company Tullow Oil has started drilling operations offshore Guyana with the spudding of the first exploration well on its Jethro-Lobe prospect on the Orinduik Block. Tullow is the operator of the Orinduik Block with a 60% Working Interest and its partners are Total and Eco (Atlantic) Oil & Gas with 25% and... Continue Reading →
-vessel ready to set sail for Guyana The first oil production vessel to be placed in Guyana, Liza Destiny has been officially dedicated by First Lady, Sandra Granger and the floating, production, storage and offloading (FPSO) is preparing to set sail to these shores. According to the Department of Public Information (DPI), on Saturday ,... Continue Reading →
Offshore Innovators Guyana has recruited and trained a team of five Guyanese engineers in Subsea Robotics to support deep-water operations offshore Guyana. The training was hosted by Subsea Specialist at the Deepwater Hub in Chaguaramas, Trinidad, and delivered by Carlos Sardinha of Blue Laguna Inc US. Continue reading
The Stena Drilling-owned Stena Forth drillship has been mobilized from West Africa – where it has been operating for Tullow – and is now en route to the Tullow-operated Orinduik Block, which is located offshore Guyana. The Stena Forth has been mobilized for Tullow and its partners Total and Eco (Atlantic) Oil & Gas for... Continue Reading →
China’s Waigaoqiao Shipbuilding has launched the Liza Unity FPSO hull. According to Eworldship.com, the hull hit the water on Saturday, June 8, 27 days ahead of schedule. Once completed, the Liza Unity will be SBM’s first operational FPSO built under its Fast4Ward program – a standardized FPSO designed to systematize the FPSO construction and delivery process,... Continue Reading →
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc. The probe is broad in scope and is at an early “investigatory stage,” Clive Thomas, director of the the State Assets Recovery Agency, said in... Continue Reading →
Brazil Energy Insight 