Guyana’s Vice President Dr. Bharrat Jagdeo is preparing to sign a memorandum of understanding (MoU) with the government of India.
According to Guyana’s Department of Public Information (DPI), the MoU is meant to foster cooperation in the oil and gas...
bp and partners today confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation.
The partnership – composed of...
Guyana and Brazil remain key to Dutch floater specialist, SBM Offshore.
The company in its 2022 Annual Report outlined that it is taking a “disciplined and selective” approach to market opportunities, focusing on the main floating, production, storage and offloading...
By Utamu Belle and Dr. Terrence Blackman – OilNOW
The ninth installment of the Guyana Business Journal (GBJ) and Caribbean Policy Consortium (CPC) webinar series, “Transforming Guyana,” focused on “Guyana’s Agricultural Sector and the Oil and Gas Economy.”
Farming and energy...
Americas Market Intelligence (AMI) has ranked Guyana #1 in its Latin America 2023 Outlook: The Good, The Bad and The Ugly. Guyana’s neighbours Venezuela and Trinidad and Tobago scored so low that they were categorised among The Ugly.
Among the...
Last year was rocky for oil and gas development in the United Kingdom ((UK) and Norway because of the Russian war on Ukraine. But Westwood Global Energy Group anticipates an optimistic outlook for 2023.
And already, Westwood says the UK...
By Ivelaw Lloyd Griffith – OilNOW
This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...
There are lots of prominent voices contributing to discourse about the development of Guyana’s petroleum sector, some often extreme. But Vice President Dr. Bharrat Jagdeo wants the industry to know that extremity does not drive Guyana’s energy policy.
“Our country...
ExxonMobil’s projects in Guyana’s Stabroek Block carry hefty prices.
Its fifth – Uaru – carries the highest thus far: US$12.683 billion, since it will be the biggest offshore development, rivalling neighbouring Brazil.
These projects require massive floating, production, storage and offloading...
In an update on its new build activities, Dutch contractor SBM Offshore said it remains on track to deliver its floating production, storage and offloading (FPSO) vessels by agreed-upon deadlines.
This is in spite of setbacks from the COVID-19 pandemic...
