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Monthly Archives: March 2019

Infrastructural development linkages from the newly discovered resource

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Asking what constitutes successful development in the cases of countries with extractive sectors is a useful way of circumventing the biases stemming from the...

Oversight Committee for Guyana petroleum wealth fund being set up

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Guyana’s Ministry of Finance is in the process of putting together the Public Accountability and Oversight Committee of the Natural Resource Fund being set...

Guyana’s maritime legislation for O&G upgrade

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Authorities in Guyana are looking to update the country’s maritime legislation in the context of the emerging oil and gas industry. This is according to...

EPA targeting mid-year completion for oil spill response plan

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Guyana’s Environmental Protection Agency (EPA) is working towards completing the country’s National Oil Spill Response plan by June, ahead of first oil from the...

Our main focus is to deliver on our promise of large oil deposits in...

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Eco Atlantic Oil & Gas has been making some major announcements about potential multli-billion-barrel deposits at its Orinduik block offshore the South American country...

Offshore drilling making comeback with low-cost targets like Stabroek

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Producing 120,000 barrels of oil per day from the Permian basin would require a $12.8 billion investment while hitting the same volume from Guyana’s...

Schlumberger provides world-class software, equipment to University of Guyana

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US-based oilfield services company Schlumberger is throwing its support behind Guyana’s premier learning institution with the supply of computer systems, software and training. The contribution...

Public engagement for Payara Development begins in Georgetown

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The first in a series of public scoping meetings for the Payara Development Project got underway on Tuesday in Guyana’s capital, Georgetown. Members of the...

Young Guyanese ecstatic about working offshore with ExxonMobil

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Some 24 young Guyanese who have been given the opportunity to work with US oil major ExxonMobil on its giant Liza project offshore the...

Technology may be a game changer for future oil supply – WoodMac

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Industry Analyst Wood Mackenzie says a giant oil supply gap looms and if, as it expects, oil demand peaks at 110 million b/d in...