SBM Offshore to build largest producing unit in company’s history for Exxon’s Yellowtail project
SBM Offshore announced on Wednesday that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating...
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gogechamber
- Nov 17, 2021
TechnipFMC wins contract to supply subsea system for Guyana’s US$9 billion Yellowtail Project
French-American conglomerate, TechnipFMC has been awarded a largecontract by ExxonMobil’s affiliate, Esso Exploration and Production...
gogechamber
- Nov 15, 2021
Saipem secures two new contracts valued over US$600 million
Saipem has been awarded two new offshore contracts for transportation and installation activities (T&I) for a total amount of over 600...
gogechamber
- Nov 15, 2021
Giant Yellowtail FPSO will have redundant gas compression capacity, other new technology – Exxon
ExxonMobil says it is taking very seriously the issues that have been encountered on its first oil production vessel offshore Guyana with...
gogechamber
- Nov 12, 2021
SBM Offshore moving forward with record-breaking project financing,delivers second floater to Guyana
Dutch floater specialist SBM Offshore said Thursday it has been able to arrange, year to date, US$4.1 billion project related financings...
gogechamber
- Nov 12, 2021
20 billion barrels projected at Guyana’s largest oil block.
The Guyana-Suriname basin is the most appealing frontier market opportunity in the world and Brazil’s pre-salt reserves are also gaining...
gogechamber
- Nov 10, 2021
Guyana building multiple power plants to replace heavy fuel oil with natural gas
The Government of Guyana is working on multiple gas-fired power plants to reduce its dependence on heavy fuel oil (HFO). This is being...
gogechamber
- Nov 9, 2021
Exxon targeting 75% Guyanese workforce for Yellowtail oil production vessel – report
After eight years of operations offshore Guyana, ExxonMobil expects around 75% of the workforce on the giant Yellowtail Floating,...
gogechamber
- Nov 8, 2021
Guyana to become one of world’s largest oil holders, but careful management is key, says EITI
Recent Atlantic offshore oil discoveries have promised to generate an economic boom for Guyana and its’ citizens, the Extractive...
gogechamber
- Nov 5, 2021
UG, Energy Chamber & energy company join forces to train Guyanese for oil sector
The Guyana Oil and Gas Energy Chamber (GOGEC) has signed a Memorandum of Understanding (MoU) with the University of Guyana (UG) and local...
gogechamber
- Nov 3, 2021
Canadian diplomat discusses trade, investment with Guyana Oil & Gas Energy Chamber
President of the Guyana Oil and Gas Energy Chamber (GOGEC) Manniram Prashad met with the Canadian High Commissioner Mr. Mark Berman at...
gogechamber
- Nov 3, 2021
Hess closing Guyana investments for 2021 at US$750 million; US$1 billion budgeted for 2022
Hess Corporation, one of the co-venturers on the prolific Stabroek block, announced last week that it will close 2021 spending on its...
gogechamber
- Nov 3, 2021
Guyana working to secure up to US$2 billion insurance from Exxon for Yellowtail project
Though there exists an “implicit” understanding that ExxonMobil Corporation would cover the shortfall of expenditure associated with any...
gogechamber
- Nov 2, 2021
China Railway Group to construct major hydropower project in Guyana
China Railway Group Limited is set to construct the Amaila Falls Hydropower Project (AFHP) in Guyana after being granted a “no objection”...
gogechamber
- Nov 2, 2021
Exxon moving forward with drilling operations at Tripletail-2, Fangtooth-1
ExxonMobil is moving ahead with the search for more hydrocarbons offshore Guyana where it has already found approximately 10 billion...
gogechamber
- Nov 1, 2021
Orinduik partners still defining “sweet, light, oil targets” for next drill programme
Eco Atlantic Oil and Gas Limited, one of the joint venture partners on the Orinduik Block offshore Guyana, disclosed to the market on...
gogechamber
- Oct 29, 2021
Guyana tying growth of oil sector with domestic, global low-carbon transitions – President Ali
Guyana’s President, Dr. Mohamed Irfaan Ali, has recognized once more that Guyana will need to align the development of its oil and gas...
gogechamber
- Oct 29, 2021
Guyana unveils ambitious renewable energy plans with launch of draft LCDS 2030
A draft of the more ambitious version of the PPP/C government’s flagship Low Carbon Development Strategy (LCDS) dubbed LCDS 2030 was...
gogechamber
- Oct 29, 2021
Solar, Amaila, & gas-to-energy projects will power over 200 villages by 2027 – LCDS 2030
A draft of the Guyana government’s updated Low Carbon Development Strategy (LCDS) has clearly outlined how the administration intends to...
gogechamber
- Oct 27, 2021
Exxon confident in performance of gas compressor on new Guyana FPSO
Guyana’s largest floating production storage and offloading (FPSO) vessel arrived offshore this week for oil production activities at the...
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