Hess Corporation, a 30% stakeholder in Guyana's Stabroek Block, anticipates regulatory approval for the Whiptail Project in early 2024. This was one of the key highlights in a slide show presented by the company on Thursday at the Barclays...
All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné.
Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough...
The landscape of business opportunities in Guyana has been boosted with the introduction of the Centre Hub, an enhanced and upgraded digital platform introduced by the Centre for Local Business Development (CLBD) on September 7. It is set to...
Calgary-based Touchstone Exploration Inc. has officially announced the commencement of production at its Cascadura natural gas and liquids facility in Trinidad. This announcement heralds a significant transition for Touchstone, pivoting the company's operations to be more natural gas-centric.
The Cascadura...
ExxonMobil has decided to use the floating production, storage and offloading (FPSO) vessel for every oil development offshore Guyana. But why? The company explained in the environmental impact assessment (EIA) for the proposed Whiptail project, which would be the...
The Environmental Protection Agency (EPA) has concluded that a study of the environmental and social impacts of the Guyana Technical Training College Incorporated (GTTCI) being constructed in Port Mourant, Corentyne, Berbice, is not necessary. The institution is set to...
Brazil’s Petrobras marked 15 years of pre-salt offshore production this month and unveiled intentions to deploy 11 new production platforms in the basin by 2027.
Since December 2022, Petrobras initiated operations on the P-71 platform at the Itapu field and...
By 2028, Guyana is expected to provide approximately 1.3% of global oil demand. By then, the ExxonMobil-led consortium holding the Stabroek Block will have invested approximately US$54 billion to develop projects offshore the South American country.
While global oil demand...
Construction is underway at the Port Mourant Technical Training College in Berbice, Region 6. This highly-anticipated project is meant to train Guyanese to take up roles in the oil and gas and hospitality sectors.
Guyana’s Finance Minister, Dr. Ashni Singh...
In line with shifting priorities, Brazil’s Petrobras has axed the divestment of four major assets as it seeks to revise the process. Its sale of the onshore Urucu and Bahia-Terra clusters, the Manati oilfield, and its Argentine subsidiary, Petrobras...