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ExxonMobil to invest US$100M in Guyana STEM Initiative — “inspiring the next generation of Guyana’s engineers and scientists”

ExxonMobil will invest US$100 million over the next decade to strengthen science and technology education in Guyana, Chairman and Chief Executive Officer Darren Woods announced Monday at State House. The announcement was made during a Republic Day reception hosted by...

ExxonMobil’s Canje Block exploration license to expire next week

ExxonMobil’s exploration licence for the Canje Block will expire next week, according to information from the Ministry of Natural Resources. Minister of Natural Resources Vickram Bharrat told Reuters the offshore block is set to expire soon. Ministry staff subsequently confirmed...

Guyana plans an additional gas-fired power plant in Berbice

Guyana is planning another 300-megawatt (MW) gas-fired power plant, this time in the Berbice region, Dr. Mahendra Sharma, Chief Executive Officer of the Guyana Energy Agency (GEA), said. During a panel discussion at the Guyana Energy Conference last week, Dr....

More dredging for Demerara River to support Guyana’s energy driven port expansion – Utilities Minister

The Government of Guyana will expand dredging efforts in the Demerara River to create the depth needed for larger vessels, as port capacity expands to meet rising demand from oil and gas activity offshore. Minister of Public Utilities and Aviation...

Industry will need 20M b/d, Guyana a timely supply boost — Wood Mackenzie Chairman

Guyana has emerged as a key contributor to global oil production at a moment when the industry faces a critical need for additional supply, Simon Flowers, Chairman of Wood Mackenzie, said on February 17 at the fifth Edition of...

Guyana ‘a cornerstone’ of ExxonMobil’s global portfolio – Ammann

ExxonMobil’s Upstream President, Dan Ammann, has described Guyana as “a cornerstone” of the company’s global portfolio, citing scale, speed of execution and long-term value creation. He made the remarks on February 17, during the Guyana Energy Conference and Supply...

Francine Peters, a Guyanese Forewoman: The first of many 

Growing up in Santa Rosa, the largest indigenous settlement along Guyana’s northwestern coast, Francine Peters spent her childhood paddling canoes and harvesting fruit from her family’s garden. Today, her world revolves around the logistics of Guyana’s oil and gas...

Ghana’s Cybele Energy targets 160,000 b/d at Guyana’s S7 Block; sees 400M barrels recoverable – Chairman 

Beatrice Mensah Tayui, Executive Chairman of Ghana-based Cybele Energy, said the company is targeting production of 160,000 barrels of oil per day at Guyana’s S7 Block, and sees more than 400 million barrels of recoverable resource potential. Mensah‑Tayui was delivering...

GCCI President to investors: ‘Do not underestimate the micro, small, medium-sized enterprises’

Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith on Thursday urged foreign and regional investors to actively partner with Guyana’s micro, small and medium-sized enterprises (MSMEs), cautioning against concentrating opportunities among only large firms. She delivered the remarks...

GRA, Local Content Secretariat clamping down on ‘rent-A-citizen’ practices in Guyana – Natural Resources Minister 

The Guyana Revenue Authority (GRA) and the Local Content Secretariat are upping their enforcement of “rent-a-citizen” practices designed to bypass the country’s Local Content Act (LCA). This is according to Minister of Natural Resources Vickram Bharrat, speaking exclusively with...

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Blue Water launches 3PL operations for ExxonMobil Guyana, managing warehousing, inventory and logistics for offshore operations

Blue Water has commenced work under a third‑party logistics (3PL) contract with ExxonMobil Guyana, providing warehouse and materials management...