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Exxon makes two more discoveries offshore Guyana
Taken from OilNOW ExxonMobil today announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made more than 30 discoveries on the block since 2015, and it has ramped up offshore development and production at a pace that far exceeds […]
Observance: Deepavali
Shubh Deepavali from the Management and Staff of Guyana Shore Base Inc. May your homes be filled with light, love, happiness and prosperity on this auspicious day.
GYSBI Participates in Breast Cancer Walk 2022
Today, members of our staff participated in the Guyana Cancer Foundation’s Breast Cancer Walk, which was held under the theme, ” Breast Cancer doesn’t discriminate.” We were happy to lend our support and raise awareness for such devastating disease, which affects more than 2 million women annually.
Guyana’s largest shore base, sister company receive approval for Local Content Master Plans
Taken from OilNOW The largest shore base in South America’s newest oil and gas hotspot, Guyana Shore Base Inc. (GYSBI), and its sister company, Sustainable Environmental Solutions (SES), on October 19 had their Local Content Master Plans approved by the Ministry of Natural Resources. A Local Content Master Plan is a ‘development blueprint’ that is enforceable […]
GYSBI, SES receive Local Content Master Plan Approvals – Local content certified as well
– Houston, Greater Georgetown, Guyana – (October 20, 2022) Guyana Shore Base Inc. (GYSBI) and its sister company, Sustainable Environmental Solutions (SES), on Wednesday, received their Local Content Master Plan Approvals from the Local Content Secretariat, Ministry of Natural Resources. The Master Plans are a requirement of the Local Content Policy, which was passed in […]
Guyana’s largest shore base facility secures major loan for massive expansion plan
Taken from OilNOW Guyana’s largest oil and gas port facility, Guyana Shore Base Inc. (GYSBI) has secured a US$10 million bridge loan from NCB Merchant Bank out of Trinidad and Tobago. With the bridge loan in hand, GYSBI now has the greenlight to secure further financing to advance its planned expansion, pegged somewhere around nine […]
Exxon’s biggest discoveries in Guyana to date
Taken from OilNOW ExxonMobil had been on the hunt for black gold in Guyana’s offshore Stabroek Block since 2008 before it hit pay in 2015 after making its first discovery at Liza 1. It is now 2022 and the company has made 33 discoveries amounting to approximately 11 billion barrels of oil equivalent resources. The […]
Exxon makes two more Guyana discoveries in incredible 2022 drill campaign
Taken from OilNOW Stabroek Block operator ExxonMobil and its partners have made a double discovery – now a total of seven discoveries for the year 2022. The discoveries were made at the Seabob and Kiru-Kiru wells, southeast of the Liza and Payara developments. The Seabob-1 well encountered approximately 131 feet (40 meters) of high-quality hydrocarbon-bearing […]
The main shore base behind Guyana’s massive oil discoveries has seen tremendous growth
Taken from OilNOW ExxonMobil’s massive oil discoveries in Guyana led to the creation of the Guyana Shore Base Inc. (GYSBI) back in 2017 to service the rapidly increasing operations offshore. It was the brainchild of four companies – Muneshwer’s Limited, TOTALTEC Oilfield Services, Pacific Rim Constructors, and LED Offshore Limited. Starting from scratch, GYSBI secured […]
Guyana’s largest shore base secures 11-year contract extension with Exxon
Taken from OilNOW The Guyana Shore Base Inc. (GYSBI) – the South American nation’s premiere shore base facility secured an 11-year extension contract to see it giving continued service to ExxonMobil’s Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL). GYSBI’s new contract will run up to 2033, building on the existing contract that was […]