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Maduro’s missteps sour U.S.-Venezuela relations, threaten Barbados Accord – AMI

Juan González, the National Security Council's senior director for the Western Hemisphere, is set to resign in mid-March 2024, signaling a potential shift in U.S. policy towards Venezuela. González's departure comes amidst growing disillusionment with Venezuelan President Nicolás Maduro's...

SBM Offshore calls 10-year Guyana O&M deal “a new benchmark” for clients

A deal SBM Offshore signed with ExxonMobil can set the stage for a new cadre of terms and conditions for relationships with its clients, the company said in its 2023 annual report.  “The 10-year Operations and Maintenance Enabling Agreement (“OMEA”)...

Shell, ExxonMobil in JV for Singapore carbon capture project

Shell and ExxonMobil have announced a joint venture (JV) for a significant carbon capture project in Singapore, to help the city-state's decarbonization ambitions. The project, led by the S-Hub consortium which includes ExxonMobil Asia Pacific Pte Ltd and Shell...

ExxonMobil Guyana to establish coastal telecommunications station for gas pipeline operations

ExxonMobil Guyana Limited (EMGL) has announced plans to establish a telecommunications coastal station in the Georgetown area to support operations related to the Gas-to-Energy pipeline. The station aims to facilitate communication and monitoring efforts crucial for pipeline operations and...

APA to focus on Baja-1 discovery area; relinquishes remainder of block 53

APA Suriname Corporation LDC and its collaborators the Spanish CEPSA and Petronas have opted to return a portion of block 53 in the Surinamese offshore region to Staatsolie Maatschappij Suriname N.V., as detailed in a recent announcement by Staatsolie....

Guyana’s territory will never be platform for war, Ali tells CELAC Summit

In an address at the VIII Summit of the Community of Latin American and Caribbean States (CELAC), held in St. Vincent and the Grenadines, Guyana's President, Dr. Mohamed Irfaan Ali, discussed the nation's commitment to peace and stability within...

Campaigners lose court bid to cancel Exxon’s Liza 1 environmental permit

A High Court Judge in Guyana, Damone Younge, has ruled in favor of the Environmental Protection Agency (EPA) in a case concerning the renewal of the Environmental Permit related to the Liza 1 project.  According to an EPA release, the...

Guyana, Suriname, and Brazil pledge energy cooperation in trilateral declaration

In a joint declaration issued after a trilateral working meeting, Presidents Dr. Mohamed Irfaan Ali of Guyana, Luiz Inácio Lula da Silva of Brazil, and Chandrikapersad Santokhi of Suriname expressed their commitment to strengthen energy cooperation among the three...

Exxon to continue pipelaying for Gas-to-Energy project with Tamuata, Stingray barges

ExxonMobil Guyana is expected to continue with pipelaying activities from the West Coast of the Demerara River toward the Stabroek Block for the Gas-to-Energy project. Guyana’s Maritime Administration said in a notice that the shallow water pipelaying barges Stingray and...

Hull reserved for Guyana’s Jaguar FPSO – Dutch shipbuilder

Dutch shipbuilder, SBM Offshore, said it has reserved a multi-purpose floater hull for the Jaguar floating production, storage and offloading (FPSO) vessel it is expected to construct for ExxonMobil's sixth development offshore Guyana.  In its 2023 Annual Report, the company...

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Hess says large-scale seismic surveys helped unlock Guyana’s offshore oil basin

HOUSTON, TEXAS — Hess Corporation’s Guyana Appraisal Director Tim Chapman said advances in seismic imaging played a major role...