Author: Kiana Wilburg

By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo Guyana, now a regional powerhouse with its considerable oil and gas resources, should share its well-tested models for economic diversification with its sister nations in the Caribbean Community (CARICOM). This is according to Executive Director of the Caribbean Export Development Agency (CEDA), Dr Damie… Read more

By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo SLB, an American oilfield services company, revealed this week that it worked closely with ExxonMobil Guyana to redefine its drilling methods to unlock the world-class oil resources in Guyana’s Stabroek Block. Its novel approach resulted in a higher Rate of Penetration (ROP). This, in… Read more

By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo Guyanese women continue to break barriers in new and complex horizons as there are now 1,400 women working offshore in support of the country’s booming oil operations. Making this revelation recently was ExxonMobil Guyana’s Geoscience Manager, Jennifer Elliott. During her appearance on the Energy… Read more

By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo The subsea market, which includes suppliers of subsea umbilical risers and flowlines (SURF), trees, wellheads, manifolds and other components, is poised to experience a record-breaking influx of capital. According to a Rystad Energy report, over US$42 billion will be spent on this subsector by… Read more

By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo The Caribbean region recorded an increase of 27.6% in Foreign Direct Investments (FDI) last year when compared to 2022, mainly driven by Guyana and the Dominican Republic. This is according to an August 8 report produced by the Economic Commission for Latin America and… Read more

By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo Dutch shipbuilder, SBM Offshore, disclosed to the market on Thursday that key contract awards from Guyana contributed to its net profit soaring to US$128 million for the first half of 2024, up from US$36 million in the year-ago period. As it relates to revenue,… Read more

By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo ExxonMobil on Friday disclosed that it made a record-breaking US$9.2 billion in profits for the second quarter of 2024, reflecting an increase of US$1.3 billion over the same period last year. Chairman and Chief Executive Officer (CEO) Darren Woods told shareholders during an earnings… Read more

By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo American oil producer, Hess Corporation, which holds a 30 percent working interest in Guyana’s Stabroek block, reported huge earnings for the second quarter of 2024, totalling US$757 million. This is a significant boost in earnings when compared with the net income of US$119 million… Read more