LATEST ARTICLES
Venezuela’s collapse holds lessons for neighboring Guyana
Venezuela’s slide from top of the heap to a virtual bit player in the oil market is a slow-motion car crash. Production sank progressively...
President signs Guyana’s wealth fund into law
On January 23 this year, Guyana’s President, David Granger, signed the Natural Resources Fund (renamed from Sovereign Wealth Fund) into law. This was announced...
Major oil find excites southern Caribbean
(Amsterdam News) U.S. supermajor ExxonMobil announced two major oil finds offshore Guyana in the past week, and the discovery has raised the hopes for...
Tilapia encountered “highest net pay count” to date on Stabroek Block
The two most recent discoveries on Guyana’s prolific Stabroek Block is particularly significant since one represents the highest net pay count found to date...
Tullow confirms Guyana 2019 campaign with three-well programme set to begin in Q2
Guyana will be the focus for UK-based Tullow Oil’s exploration drilling programme in 2019 as the company gears up to drill the Jethro prospect...
Security high on agenda as O&G preparations intensify in Guyana
An inter-ministerial technical cooperation and petroleum committee is being set up in Guyana by the Department of Energy (DOE) as a means to encourage...
Contract for ExxonMobil Guyana cost-recovery audit could be awarded by March
Thirteen companies have submitted Expressions of Interest (EOI) and five have been shortlisted with evaluations set to commence soon, for the award of a...
GYEITI Coordinator calls on gov’t agencies in Guyana to submit information for transparency report
Ahead of its April 25, 2019 reporting deadline, the Guyana Extractive Industries Transparency Initiative (GYEITI) on Tuesday met with stakeholders at Cara Lodge, Quamina...
Guyana moving towards open bidding for oil blocks, multi-client seismic survey
Guyana could soon have its first open bid round for oil blocks by Q1 2020 the Director of the Department of Energy (DoE), Dr....
2019 high impact exploration starts with a bang: Guyana leads with 2
In the first few weeks of 2019 there have been four high impact discoveries of conventional oil and gas, finding 25% of the high...