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Guyana News

 

Baker Hughes Expands in Guyana

Feb 14, 2022

Energy technology company Baker Hughes announced it has opened a new 'supercenter' facility for oilfield services and equipment in Guyana. The facility, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America…

ExxonMobil to Start Production from Second FPSO in Guyana Next Month

Jan 28, 2022

Exxon Mobil Corp. next month plans to start production at its second oil platform in Guyana, a person familiar with the matter said Tuesday.Guyana is one of Exxon's top bets for production growth. Its recent discoveries are expected to drive recoverable oil and gas volumes beyond 10 billion barrels…

Brazil, Guyana, and Suriname In Energy Alliance Push

Jan 20, 2022

The heads of state of Brazil, Guyana, and Suriname this week will take the first steps toward forging an infrastructure that would better share the neighboring South American countries' energy and natural resources.Brazil's President Jair Bolsonaro…

Brazil's Bolsonaro to Visit Suriname and Guyana to Discuss Oil Cooperation

Jan 19, 2022

Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's two neighbors, the foreign ministry said on Monday.Bolsonaro and the presidents of Suriname…

Exxon Proposing to Build Supply Base for Guyana Project

Dec 13, 2021

Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American nation into an oil powerhouse.A coming onshore…

Guyana Could Resume Oil Supply Talks with India

Oct 22, 2021

Oil producer Guyana could resume talks with India for a deal to sell the government's share of crude as output rises next year, the South American nation's vice president told Reuters.Earlier this year, Indian refiners bought at least two test cargoes of Guyana's Liza light sweet crude…

Bristow Names Guyana Area Manager

Sep 30, 2021

Offshore helicopter group Bristow has appointed Courtney Byrne as the Area Manager, Guyana. 'In this position, Byrne will work closely with Bristow customers and across the company to deliver world-class service as we grow our operations in Guyana and foster relationships in the local community…

VIDEO: Guyana's Second FPSO Sets Sail from Singapore

Sep 09, 2021

Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…

Saudi Aramco Unit Wins Guyana Oil Tender

Sep 08, 2021

Guyana awarded a unit of Saudi Aramco a tender to purchase a portion of the country's oil production, and the two parties will likely enter into a one-year marketing deal, an official said on Tuesday.The South American country last month received…

Spurred by Offshore Oil Discoveries, Guyana's Economy to Grow 500% by 2030

Aug 19, 2021

Guyana's economy is expected to expand by 500% by 2030 as companies continue to plumb its offshore oil and gas reserves, a government official said on Wednesday.The small South American country has become one of the world's oil exploration hotspots…

Guyana Earns Nearly $80 Mln from 7th Crude Cargo

Aug 09, 2021

Guyana earned nearly $80 million from the seventh crude cargo allocated to the government from the offshore Liza project, the highest figure since exports began in early 2020, the Ministry of Natural Resources said on Monday.The cargo of 1,047…

Saipem Opens Offshore Construction Facility in Guyana

Jun 07, 2021

Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…

DOF Clinches Long-Term Charters for PSV Trio in UK, Guyana

Mar 18, 2021

Norwegian offshore vessel owner DOF has won long-term contracts in the UK and Guyana for three of its platform supply vessels.In the UK, under the contract starting in April, the large PSV Skandi Gamma will work for Ithaca Energy for a period of two years firm…

Guyana's First Offshore Oil Field Now at Full Output Capacity, President Says

Mar 17, 2021

Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd).Ali told the Guyana Basins Summit that he expected…

Guyana: Tullow Oil, Partners Keep Control Over Orinduik Offshore Block Until 2023

Mar 15, 2021

The government of Guyana has granted an extension to the term of the Tullow Oil-operated Orinduik offshore block that will see the block partners maintain control of the block until 2023. According to Eco Atlantic, Tullow Oil's partner in the offshore block…

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