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Exxon seeking firm to analyse Guyana crude oil sales data

ExxonMobil Guyana is looking to hire a firm to provide data analysis services for crude oil sales. A public Request For Information (RFI) said that Esso Exploration and Production Guyana Limited (EEPGL) is looking to identify suppliers who can collate...

Touchstone Exploration in deal for exchange of onshore assets in T&T

Touchstone Exploration’s Trinidadian subsidiary, Primera Oil and Gas Limited has entered a new Asset Exchange deal with Lease Operators Limited to see the exchange of onshore Trinidad assets. Touchstone will be transferring the Fyzabad, San Francique and Barrackpore blocks –...

Geopolitics of Oil: the case of Venezuela and lessons for Guyana

By Joel Bhagwandin – OilNOW Over the past two decades, Venezuela has changed to become a problematic country from an investment perspective. Venezuela’s political and economic history supports the assertion that Venezuela has and continues to be a risky place...

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...

Noble Discoverer heads to Guyana to drill CGX Wei-1 well in Corentyne Block

CGX Energy is on track to spud the Wei-1 well by January 31 as the Noble Discoverer has completed its work with Shell offshore Trinidad and Tobago. According to reports, the rig has departed for Guyana waters. The Wei-1 well will...

Demerara channel now cleared for larger vessels as VEHSI project progresses

Ships with a nine-metre draft can now traverse Guyana’s main channel – the Demerara River as NRG Holdings Inc. has completed the first phase of its Vreed-en-Hoop Shore Base project. After six months of work, NRG has managed to extend...

Bidders show favourable interest in Trinidad’s onshore, nearshore round

Bids were submitted for eight out of 11 of Trinidad and Tobago’s onshore and nearshore blocks, which were put up for auction in 2022. The Ministry of Energy and Energy Industries closed the auction on Monday, January 9 indicating that...

Hess’ maiden carbon payments set to plug US$150 million into Guyana’s 2023 budget

The 2023 national budget to be presented by the Guyana government on Monday has just been given a boost of US$150 million by Stabroek Block co-venturer, Hess Corporation. Guyana has received its first payment for carbon credits under its agreement...

Exxon’s Ranger discovery: The forgotten wild cat?

ExxonMobil’s Ranger find in the Stabroek Block is in a league of its own. A wildcat, the Ranger-1 well is in an area with different geology when compared to other fields where Exxon and its partners have hit the jackpot...

APA Corporation looking to establish cross-border communication protocol with Guyana on oil spill preparedness

With Guyana and Suriname sharing a close border, either country can face devastating effects should an oil spill occur on either side. Considering this, APA Corporation is mulling a cross-border communication protocol with Guyana to prepare for such an...

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Letter to the Editor: From oil wealth to heart health

Dear Editor, For many Guyanese families, access to life-saving heart care has long meant expensive travel, long waits, or going...