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Regulators are present on both FPSOs doing real-time monitoring – Bharrat

The capabilities of key agencies tasked with monitoring the offshore oil and gas operations in Guyana have been strengthened over the last two years and work is ongoing to further build capacity as production ramps up in the new...

Guyana’s renewable agenda progresses with newly commissioned solar farm at Lethem

Guyana has made it clear that it intends to stimulate growth with clean, cheap and reliable energy and it is already on that path. On Friday, the South American nation commissioned Lethem’s one-megawatt solar energy farm at a cost...

‘Natural gas can reduce Caribbean region’s generation costs by 40%’ – President Ali

With the high cost of electricity in Guyana, authorities have been putting arrangements in place for the landmark gas-to-energy project which, in addition to cutting the cost of power in the country, is expected to also deliver benefits to...

Incredibly disappointing that former EPA head is sharing blatant mistruths

Dear Editor, In response to an unfortunate letter from former Executive Director of the Environmental Protection Agency (EPA), Dr. Vincent Adams, published this week in the local press, ExxonMobil Guyana provides this response to several inaccurate and misleading statements that...

Mozambique, Guyana, Suriname hold ‘key wells to watch’ in remainder of 2022 – Westwood

Declaring that high impact exploration is showing signs of recovery, Westwood Global Energy named Guyana, Mozambique, and Suriname as countries where ‘key wells to watch’ are located. High impact wells, Westwood said, are those targeting more than 100 million barrels...

MODEC announces JV to compete for “challenging largescale FPSO projects”

President and Chief Executive Officer of Modec, Takeshi Kanamori said Friday the company came to an agreement with Toyo Engineering Corporation to establish a joint venture firm for the engineering, procurement and construction and installation (EPC) business of floating...

Regulator greenlights Guyana’s first wind farm

Guyana’s Environmental Protection Agency (EPA) recently gave the greenlight to the developers looking to erect the country’s first wind farm, ushering in a project that will inject 25.2 megawatts (MW) of renewable power into Guyana’s energy mix. In a notice,...

Exxon has proven it has a second-to-none approach in growing oil, gas stocks – CEO Woods

While ExxonMobil Corporation is one of the few oil majors to earn record-breaking quarterly earnings totaling some US$17.9 billion, it did not do so by some mere stroke of good luck. It was due to its commitment to cost...

Exxon hires second tug from KOTUG to support Liza field production facilities

ExxonMobil Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has contracted a second tug from towage and maritime company, KOTUG, to support operations in the Liza field, KOTUG said. The “SD Power”, which has been in use offshore Guyana...

Stabroek Block one of the most unprecedented exploration blocks of all time – Rystad official

Guyana’s exploration successes have been so frequent that the Stabroek Block is being hailed as one of the most unprecedented exploration blocks of all time. Making this comment most recently was Senior Vice President and Head of Latin America and...

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OSRL opens Guyana subsea response facility to strengthen regional readiness

Oil Spill Response Limited (OSRL) has opened a new Subsea Response facility at the Emergency Response Base at the...