Tag: FPSO

Guyana’s oil production to increase next week as Yellowtail project starts

Guyana’s oil production to increase next week as Yellowtail project starts

- August 1, 2025

Guyana’s daily oil production is set to increase by 37% with the imminent startup of its fourth offshore development, the ... Read More

MODEC launches Guyana office, creating 160+ jobs in expanding oil sector

MODEC launches Guyana office, creating 160+ jobs in expanding oil sector

- July 18, 2025

Guyana’s rapidly expanding oil and gas sector is set to benefit from over 160 sustained local jobs with the official ... Read More

Guyana’s commitment to contract sanctity earns country over US$6 billion from oil

Guyana’s commitment to contract sanctity earns country over US$6 billion from oil

- December 4, 2024

Guyana's oil wealth, concentrated in the Stabroek Block, has transformed the nation’s economic fortune, not only through direct revenues but ... Read More

Three Guyanese companies supporting construction of Jaguar FPSO

Three Guyanese companies supporting construction of Jaguar FPSO

- November 12, 2024

In another significant boost for local content, three Guyanese companies will be providing fabrication services to support the construction of ... Read More

Mechanisms in place to monitor, protect environment during oil, gas production – AG Nandlall

Mechanisms in place to monitor, protect environment during oil, gas production – AG Nandlall

- April 14, 2024

Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall, SC, has assured that the government has put in place a host ... Read More

SBM Offshore remains committed to investing in Guyana’s local content

SBM Offshore remains committed to investing in Guyana’s local content

- January 21, 2024

Over the last few years, Guyana’s oil and gas industry has seen exponential growth that drastically improved the country’s economic ... Read More

Gov’t to announce awardees for sale of crude oil soon – Dr Jagdeo

Gov’t to announce awardees for sale of crude oil soon – Dr Jagdeo

- November 2, 2023

The government is currently engaged in negotiations with three companies that have submitted bids to market its crude oil from ... Read More

Govt’s gas strategy affirms commitment to resource development – Min. Bharrat at AfriCaribbean Forum

Govt’s gas strategy affirms commitment to resource development – Min. Bharrat at AfriCaribbean Forum

- October 31, 2023

Speaking at the AfriCaribbean Trade and Investment Forum (ACTIF2023), Minister of Natural Resources, Vickram Bharrat, highlighted the release of the ... Read More

Statement of His Excellency Dr Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana

Statement of His Excellency Dr Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana

- April 28, 2021

-Press Conference, April 28, 2021 Ladies and Gentlemen of the media, it is my pleasure to welcome you all at ... Read More

Guyana’s second million barrel of crude lifted

Guyana’s second million barrel of crude lifted

- May 24, 2020

DPI, Guyana, Sunday, May 24, 2020 The second million-barrel of crude from the Liza Destiny Floating Production Storage and Offloading ... Read More