Category: Industry Updates

Taken from OilNOW Guyana Shorebase Inc. (GYSBI) is set to expand its capacity with the construction of a new operations center at its Houston/McDoom location along the East Bank Corridor. To bring this vision to life, the company is actively searching for qualified contractors capable of managing the necessary construction services for this ambitious project. […]

From its inception in 2017 up to the present, the Guyana Shore Base Inc. (GYSBI) has emerged as the nation’s foremost onshore support facility for the oil and gas sector. Throughout this period, the company’s investments have surpassed an impressive milestone of US$500M, contributing significantly to the country’s economic growth. Notably, this dedication has resulted […]

Houston, Greater Georgetown – (July 19, 2023) Guyana Shore Base Inc. (GYSBI), the country’s premier onshore support facility servicing the oil and gas industry, is pleased to announce the launch of its Technical Scholarship, which will be aimed at supporting educational opportunities for persons between the ages of 16 and 25 at the various Technical […]

More than 1000 persons showed up at the Guyana Shore Base Inc. (GYBSI) Career Fair, which was held on Sunday, July 9, 2023 at the West Demerara Secondary School. Several persons were hired on the spot to fill various positions including Excavator Operators, Human Resources Officer, Dispatcher, Banksmen, QHSSE Officers, QA/QC Field Inspector, Technical Administration […]

Taken from OilNOW Locals looking to find jobs in Guyana’s oil sector will have an opportunity as the Guyana Shore Base Inc (GYSBI) is set to host a career fair on July 9.  The event will take place at the West Demerara Secondary School with more than 11 positions available.  According to GYSBI, the company […]

Taken from OilNOW Pipelaying activities are ongoing near the West Bank of Guyana’s Demerara River to facilitate the Gas-to-Energy project.  A notice from Guyana’s Maritime Administration (MARAD) noted that the DB Rewa vessel has joined operations and is scheduled to conclude activities on Nov 1, 2023. Rewa joins the Stingray shallow water pipelaying barge. The […]

Taken from OilNOW Since 2015, ExxonMobil has made over 35 discoveries at the prolific Stabroek Block offshore Guyana with the Tilapia-1 find encountering the largest high-quality oil-bearing sandstone reservoir – bigger than the world-class Liza-1 – which put the South American country on the oil and gas map.   Made in February 2019, Tilapia was […]

Taken from OilNOW Hess Corporation on Wednesday announced a new oil discovery at the Lancetfish-1 well on the Stabroek Block, offshore Guyana. The Lancetfish-1 well encountered approximately 92 feet of oil-bearing sandstone reservoir. The well was drilled in 5,843 feet of water by the Noble Don Taylor and is located approximately 4 miles southeast of […]

Taken from OilNOW With more than 30 discoveries made offshore Guyana, ExxonMobil has a clear line of sight for the addition of six floating production, storage, and offloading (FPSO) vessels by 2027, a goal that is expected to see oil production exceeding 1.2 million barrels per day (bpd). All projects are to be located in […]

Taken from OilNOW Guyana Shore Base Inc. (GYSBI) commissioned its heavy lift berths and “Commander in Chief” Crane on Friday at its Houston compound. Engineering Manager, Bhageshwar Murli, said the expansion cost US$25 million. The four berths form part of 1,400 feet of waterfront development, primarily outfitted to serve the offshore operations of ExxonMobil affiliate, […]