Guyana Office for Investment (GO-INVEST) said Tuesday that a meeting held with the Venezuela Chamber of Petroleum was merely a courtesy visit with no substantive outcome at this juncture.
GO-INVEST had posted about the meet which occurred on April 1...
By Dr. Ulric Trotz - OilNOW
Two recent developments on the climate finance landscape cause me some concern.
The first is the agreement at the 2022 Conference of the Parties (COP) of the United Nations Climate Change Convention (UNFCCC) in Egypt,...
SBM Offshore has announced a new 10-year Operations and Maintenance Enabling Agreement with ExxonMobil Guyana, for the operations and maintenance of floating production, storage and offloading (FPSO) vessels Liza Destiny, Liza Unity, Prosperity and ONE GUYANA.
This agreement has set...
American multinational, ExxonMobil Corporation disclosed on April 28 that its Beaumont refinery in Texas is now the second largest in the United States (US) on account of a 250,000 barrel-per-day expansion project. The refinery now has a processing capacity...
ExxonMobil Guyana said more than 5,000 Guyanese nationals are supporting its operations as its projects continue to drive growth in the world's fastest growing economy. Exxon said too that its operations, including the work of its key contractors, are...
The Guyana Pavilion at the Offshore Technology Conference 2023 (OTC), was officially opened on the morning of May 1 with a symbolic ribbon-cutting ceremony. Guyana has been one of the main newcomers at the show in recent years.
The...
Brazil’s state-owned Petrobras has delayed the start-up of three floating production, storage and offloading (FPSO) vessels as its new energy strategy is being crafted.
Petrobras said that first oil dates for the Almirante Tamandaré FPSO and Maria Quiteria FPSO are...
TotalEnergies has announced a profit of US$5.6 billion for the first quarter of 2023. With the lower oil and gas prices, the company has achieved a return on average capital employed of 25% and cash flow of US$9.6 billion.
Exploration...
Expansion plans have been eyed for Guyana’s first floating dry dock, owing to the fast-paced development of its marine sector pulling larger vessels to the country’s shores.
Named Dock Yard (DY), the facility has been running since January after getting...
ExxonMobil produced 34.05 million barrels of crude in the first quarter of 2023 from the Liza projects offshore Guyana, at 378,340 barrels per day (bpd). Output peaked at 408,860 bpd.
Liza Phase 1 produced 13.598 million barrels at 151,090 bpd....
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
