Updated: Jun 8, 2020
IPMA Pulse, 5/6/20: SBM Offshore PPE for COVID-19, Rystad on ExxonMobil, Guyana crude like ‘jet fuel’, SBM hiring, Schlumberger building
This Week in Guyana’s Energy Sector
The Guyana Times and Guyana Standard report that this week, SBM Offshore have donated 30,000 pieces of PPE and protective medical equipment to Guyana's Civil Defence Unit to help with the Guyanese response to COVID-19.
Rystad Energy reports on ExxonMobil’s plan to raise $15 billion by 2021 through divestments, although Guyana does not appear in the list of regions in which ExxonMobil is considering divesting. The divestment plan includes assets in the Gulf of Mexico, the UK North Sea, Germany, Nigeria, Malaysia, Indonesia, Romania, Azerbaijan, Vietnam, Chad and Equatorial Guinea as part of its wider plan. That Guyana is not mentioned is positive news.
Global energy expert Robert McNally compares Guyana’s crude to ‘jet fuel’. He stresses that it is the quality of the resource coming out of the ground that makes Guyana’s energy sector so promising.
Jobs & Tenders to Watch Out For
SBM Offshore is looking for technicians both onshore and offshore, to join their growing team in Guyana. SBM currently lead the design, development and installation of FPSOs in Guyana.
Schlumberger has released an Expression of Interest for an office building to support their operations. The office will be located in Georgetown, Guyana, and the tender will be released 6th July. The document can be found here, with additional information on how to tender.