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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 […]
GYSBI Announces New Management
The Board of Directors of Guyana Shore Base Inc. (GYSBI) is pleased to announce the appointments of Robert Albiez as the new General Manager and Rabin Chandarpal as the new Deputy General Manager of the company. They have both served in various positions within the company before their succession to these new roles.
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 Shore Base inks 11-year extension contract with ExxonMobil Guyana
-reiterates commitment to local content development, opportunities for Guyanese Guyana Shore Base Inc. (GYSBI), a pioneering Guyanese company in the local oil and gas sector has inked an 11-year extension contract with Esso Exploration and Production Guyana Limited (EEPGL), an ExxonMobil affiliate for the provision of shore base management and operations services. The contract will […]
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 […]
