ExxonMobil Guyana has completed a US$1.23 billion purchase of the Prosperity floating production, storage and offloading (FPSO) vessel from SBM Offshore.
The Dutch FPSO-builder announced...
CGX Energy published its 2024 third-quarter financial statements on November 7, during which it said it is the operator of the Corentyne Block. This...
Noble Corporation's Chief Financial Officer Richard Barker discussed the significant influence of its long-term commitments in Guyana and Norway on the company’s backlog profile...
Primera Oil and Gas Limited, a subsidiary of Touchstone Exploration Inc., has formally commenced the Rio Claro license, it said on November 5.
The six-year...
Guarantee International Crating Inc. (GIC Inc.) emerged onto the scene of Guyana's oil and gas sector with a vision to provide reliable and compliant...
Guyanese regulators have approved MODEC’s Local Content Master Plan 2024-2028.
The plan outlines MODEC's push to integrate Guyanese companies and nationals into its operations for...
ExxonMobil Guyana has completed a US$1.23 billion purchase of the Prosperity floating production, storage and offloading (FPSO) vessel from SBM Offshore.
The Dutch FPSO-builder announced...
ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and 2 averaged approximately 160,000 b/d...
By Chevy Devonish
In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...
CinNex Inc., a name synonymous with multimedia innovation in Guyana, stands as a testament to resilience, adaptability, and foresight. At the helm of this dynamic company is John Duncan, the Chief Executive Officer (CEO), whose journey from a technical assistant to Chief Executive Officer and co-owner offers valuable insights into the evolving landscape of the multimedia industry in Guyana.
Duncan's entry into the world of business was driven by both opportunity and ambition. Reflecting on...
The oil industry will need cumulative investments of $17.4 trillion by 2050 to meet growing global demand, the Organization of Petroleum Exporting Countries (OPEC) said in its annual long-term outlook. This translates to an average annual investment of around $640 billion, based on 2024 US dollars.
Most of this funding—US$14.2 trillion—is required for upstream activities, averaging US$525 billion annually. The downstream and midstream sectors will need US$1.9 trillion and US$1.3 trillion, respectively, over the same...
MONTPELLIER, France--(BUSINESS WIRE)--Regulatory News:
Sensorion (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat and...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto extends its condolences and deepest sympathies to the family of former Conzinc Riotinto of Australia Limited (CRA) Chief Executive, Chairman...