Category: Industry Updates

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, […]

Taken from OilNOW Fangtooth is the reservoir that keeps on giving as Stabroek Block operator ExxonMobil hit pay once again, early this month. The announcement was made by its partner Hess Corp on Jan. 25.  According to Hess, Exxon made a “significant” oil discovery at the Fangtooth SE-1 well, located approximately eight miles southeast of […]

Taken from OilNOW Building on its ISO 9001:2015 certification, GYSBI – Guyana’s largest shore base recently announced that it is now ISO 45001:2018 certified. ISO 45001 is an international standard that specifies the requirements for a management system for occupational health and safety (OHS). It gives organizations a framework for managing risks and opportunities to […]

Taken from OilNOW ExxonMobil and Stabroek Block co-venturers, Hess and CNOOC, marked 2022 with a slew of new discoveries. It has been described as the best exploration year in Guyana so far, with a total of nine discoveries announced at Stabroek and a historic find made at the Corentyne Block. Here’s a look back at […]