Despite the uncertainty surrounding a final investment decision (FID) for Suriname’s Block 58, the President and Chief Executive Officer (CEO) of partner APA Corporation, John Christmann expressed confidence in the Sapakara prospect.
In fact, Christmann told investors that it would...
Director of the Vreed-en-Hoop Shore Base Inc. (VEHSI), Nicholas Deygoo-Boyer said the company is in talks with potential new clients to expand the acreage of the new artificial island in the Demerara River.
“ got clients who are interested in...
Guyana and India are on the brink of inking a trailblazing Memorandum of Understanding (MoU) on the energy sector. The document which is currently being reviewed by India’s Cabinet could allow for the purchase of Stabroek Block crude, capacity...
In response to a stern show of disappointment from the Georgetown Chamber of Commerce and Industry (GCCI) on its handling of a supposed shortage of US currency in the country, the Bank of Guyana (BoG) noted that the business...
The first round of drilling at CGX Energy’s Wei-1 prospect in the Corentyne Block has yielded positive results.
Drilling commenced at Wei-1 late January with the Noble Discoverer.
In an update on March 2, CGX reported that the first prospective geologic...
Guyana’s Vice President, Dr. Bharrat Jagdeo says ExxonMobil Guyana is set to relinquish a portion of the 6.6 million acres Stabroek Block and this will be used to facilitate the government’s planned direct partnerships.
“Next year, ExxonMobil will have to...
ExxonMobil Guyana said a crane toppled at around 10 a.m. Thursday while lifting a container, at the Ogle site where the company’s new Guyana office centre is being built.
No one was injured in the incident, nor was there any...
The “lack of action” by the Bank of Guyana (BoG) in addressing the supposed shortage of United States (US) currency in the country has irked dissatisfaction from the Georgetown Chamber of Commerce and Industry (GCCI).
In a statement on March...
Guyana’s newest Stabroek Block floating production, storage and offloading (FPSO) vessel - the Prosperity - is ranked eight by water depth in SBM Offshore’s ultra-deepwater fleet.
In fact, at 1,900 metres, it will be moored at the deepest parts of...
Petrobras is looking to focus its exploration efforts on the potential of the equatorial margin later this decade, Rystad Energy said, with hopes to replicate the unprecedented success at Guyana’s Stabroek Block.
The basins that Brazil’s state explorer is expected...
