News

Equinor has announced a commercially viable gas discovery by the Gina Krog field in the North Sea, with plans to commence production as early as the fourth quarter of 2023. The discovery, although considered small, is significant due to...

A comment from Prime Minister of Barbados, Mia Mottley, urging both Guyana and Venezuela to ensure the Caribbean region remains a zone of peace is not sitting well with Guyanese lawmakers.  Mottley told attendees at her party’s 84th Conference over...

In a display of unity, Guyana's National Assembly has cast a unanimous vote, reaffirming support for the government's stance on the longstanding territorial controversy with Venezuela. This rare consensus is a striking display of solidarity among political parties that...

The Guyana Defense Force (GDF) is enhancing its naval capabilities with the addition of a new patrol boat to protect the country's territory. The GDF’s new Metal Shark 115 Defiant patrol boat is currently en route to Guyana, following...

The Vreed-en-Hoop Shore Base Inc. (VEHSI) is accommodating the largest cargo ship to dock in the Demerara River, the MV Virtuous Striker, marking a milestone in the development of Guyana's port and shipping facilities.  The shore base, spreading over 44...

bp said in a November 6 release that it successfully started production from the Seagull oil and gas field in the United Kingdom (UK) North Sea. It said Seagull has been developed by Neptune Energy as a subsea tieback to...

ExxonMobil has been racking up discoveries in Guyana’s Stabroek block after hitting the 11 billion-barrel of oil equivalent mark. But this has not yet resulted in an upward revision of the resource estimate.  “We continue to integrate those results - both...

Vice President Dr. Bharrat Jagdeo clarified during a November 2 media conference that Hess Guyana Exploration Limited, a subsidiary of Hess International, still controls the 30% working interest in the Stabroek block, where 11 billion barrels of oil equivalent...

TotalEnergies has signed an amendment to extend its partnership with Oman LNG, an Omani liquefied natural gas (LNG) joint venture in which the company holds a 5.54% stake.  The Oman LNG liquefaction complex, which is on the northeast coast of...

The absence of major American companies operating in Guyana could create a vacuum that would allow for other players, such as Chinese-backed enterprises, to fill the gap. So says six-time Emmy Award-winning TV producer, Arick Wierson, in a November...