Wednesday, December 8, 2021

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Guyana’s lone Energy Chamber signs MoU with Ghana Petroleum Commission

The Guyana Oil and Gas Energy Chamber (GOGEC) signed a Memorandum of Understanding with the Petroleum Commission of Ghana on Tuesday in Georgetown. GOGEC’s President, Manniram Prashad, and CEO of the Commission, Egbert Faibille Jnr., inked the pact. The agreement...

Technology being secured to test Exxon’s produced water – EPA Head

Head of the Environmental Protection Agency (EPA), Kemraj Parsram recently disclosed that his team is working on securing technology that would boost the capacity of the agency to test produced water. In the meantime, Parsram said ExxonMobil’s affiliate, Esso Exploration...

Analyst says Guyana remains on path to massive growth but all efforts must be made to ensure rural communities aren’t left behind

The economic activity in the new oil producing country of Guyana is expected to continue on an upward trajectory and one analyst says the pace of this growth will really be determined by the infrastructure, incentives and framework the...

Qatar bases 2022 budget on oil price of $55/b

(S&P Global Platts) Qatar has based its 2022 fiscal budget on an average oil price estimate of $55/b, up from $40/b in 2021, thanks to the improvement in international energy prices, the country's finance minister said Dec. 7. "The remarkable...

Guyana seeing “tremendous interest” in oil block up for auction next year – Bharrat

Guyana is already seeing “tremendous interest” in one of the remaining oil blocks to be auctioned next year in what is now known to be a highly prospective basin where over 10 billion barrels of oil equivalent have already...

Trinidad opens competitive bid round for 17 deep water blocks

The government of Trinidad and Tobago recently announced the opening of its deep-water competitive bid round for the fiscal year 2022. The Ministry of Energy and Energy Industries (MEEI) which is responsible for the overall management of the oil, gas...

First class access to healthcare, education part of Ali’s vision for new Guyana

President of Guyana Dr. Mohamed Irfaan Ali gave a masterclass to academics at the Harvard University Business School on Monday, during which he outlined how the country’s growing oil and gas sector will push Guyana’s economy forward in a...

Exxon awarded for efforts to build economic capacity, protect environment in Guyana

ExxonMobil has been recognised for its efforts to build local economic capacity, protect the environment and support communities in the new oil producing South American country of Guyana. The company received the World Petroleum Council Excellence Award (WPCEA) for...

Guyana removing all obstacles for massive private sector investments with Ghana

Guyana’s President, Dr. Irfaan Ali on Monday said the removal of ‘red tapes’ and hindrances to bolster private sector investment opportunities between the country and West African Nation, Ghana is key to successful collaborations and partnerships. He was at the...

Payara Permit armed with two payment mechanisms on gas wastage – Bharrat

In an effort to ensure Guyana’s oil industry is regulated in a manner that serves the public interest, Minister of Natural Resources, Vickram Bharrat said that the government has taken several steps to heighten the safeguards in environmental permits...

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Guyana’s lone Energy Chamber signs MoU with Ghana Petroleum Commission

The Guyana Oil and Gas Energy Chamber (GOGEC) signed a Memorandum of Understanding with the Petroleum Commission of Ghana...