The Guyana Shore Base Inc. (GYSBI) is stressing the importance of safety after an incident that saw a woman entering an active construction site at Reynstein, West Bank Demerara.
The woman, Elizabeth Deane Hughes, wrote a letter to local...
TotalEnergies said it has launched the fully integrated front-end engineering and design (FEED) for the Papua LNG project.
As operator of Papua LNG, Total led its joint venture partners in the selection of a concept including four electrical LNG trains...
Annual greenfield capital expenditure is set to break the US$100 billion threshold this year, according to Norway’s Rystad Energy as offshore development activities surge globally. And investments in Guyana’s offshore Stabroek Block will take up US$7 billion of that...
ExxonMobil Guyana’s proposed 35-well campaign for the Stabroek Block is expected to have little to no adverse impacts on the nation’s fishing industry.
In fact, Exxon’s Cumulative Impact Assessment (CIA) Report by ERM Guyana Inc. notes that the nation’s current...
To ensure it stays on track for rapid economic diversification, Vice President, Dr. Bharrat Jagdeo said on March 3 that Guyana is in talks with India to utilise its technological inventions to boost agricultural output. The official said India...
Given the industry-leading rate of discoveries in the Stabroek Block, there may be a need for more than 10 floating, production, storage and offloading (FPSO) vessels to take off the resources. This was confirmed by Hess Corporation’s Chief Executive...
Tullow Oil has written off US$97.7 million in costs related to the Kanuku and Orinduik blocks.
Kanuku block write-offs amount to US$75.3 million, related to unsuccessful well costs, as well as license relinquishments. Repsol, the operator, drilled the Beebei-Potaro well...
Since the commencement of operations in 2015 to support ExxonMobil Guyana’s two offshore production vessels, the nation has earned in excess of GY$720 billion (US$3.45 billion). Should the Environmental Protection Agency (EPA) grant approval for the oil major’s 35-well...
Noble Corporation said its 2022 revenues for the year ended December 31, 2022 amounted to US$1.4 billion, with the King of the pile being its Guyana operations at US$469 million. Guyana, therefore, accounts for a third of Noble’s 2022...
Jean Paul Prates and Wael Sawan - the Chief Executive Officers (CEO) of Petrobras and Shell respectively inked a five-year deal that will see both oil companies joining forces to identify potential upstream opportunities.
The deal - signed on the...