Featured

Major increase in traffic expected at main Guyana harbour with Exxon’s planned 35-well campaign – CIA

Vessel calls at the Georgetown harbour are set to increase exponentially with ExxonMobil Guyana’s planned 35-well drill campaign in the offshore Stabroek Block.  According to the Cumulative Environmental Assessment (CIA) it submitted to the Environmental Protection Agency (EPA),...

Guyana’s sustainable approach to economic development

By Cristina Caus - OilNOW Last month, Guyana gathered leaders for a four-day international energy conference to discuss how the oil & gas sector can harness the country’s development. Given the current global energy context, sustainability was the hot-button topic...

All 14 Guyana oil blocks attract interest as model PSAs released

All 14 blocks on auction in Guyana’s ongoing licensing round have received expressions of interest, the government said in a statement Tuesday. Guyana’s Ministry of Natural Resources has published new model contracts to govern the three deepwater and 11...

Exxon’s drilling operations to peak in 2025 with seven major projects across Stabroek, Kaieteur, Canje blocks

Once ExxonMobil Guyana receives approval from the Environmental Protection Agency (EPA) for its 35 multi-well programme in the Stabroek Block, drilling operations for the country could reach its peak in 2025. According to the Cumulative Impact Assessment (CIA) for the...

Unlimited insurance coverage unheard of but parent companies can be held liable – Guyana EPA

Guyana's Environmental Protection Agency (EPA) has reiterated its commitment to ensuring the country holds no liability in the unlikely event of an oil spill in the offshore Stabroek Block.  Current Permits are held by ExxonMobil Corp. subsidiary, Esso Exploration and...

Guyana Shore Base stresses safety after woman enters West Bank construction site

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...

Total launches front end studies for Papua LNG project

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...

Guyana offshore investments at US$7B in 2023 as global oil activities surge – Rystad Energy

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...

Exxon’s new multi-well campaign at Stabroek Block not expected to affect fishing industry – CIA Report 

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...

Guyana in talks with India to fast-track agriculture productivity with  tissue-culture technology

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...

Latest News

Iwokrama, ExxonMobil partnership delivers gains in forest monitoring, research, community development

The partnership between the Iwokrama International Centre for Rainforest Conservation and Development and ExxonMobil Guyana is delivering measurable results...