Saturday, December 10, 2022

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Venezuela says it will not participate in ICJ proceedings

Venezuela made it known on Monday that it will not be taking part in the proceedings at the International Court of Justice initiated by Guyana over a border controversy spanning several decades. A Communique issued by the Venezuelan government states...

Uruguay and oil hopes: a permanent bidding round scheme, after failure of latest auction

(MercoPress) Uruguay will move towards a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to attract bids, Industry, Energy and Mining Minister Carolina Cosse said in an interview. Uruguay...

New Guyanese recruitment firm eyeing opportunities in O&G

100% Guyanese-owned Strategic Recruitment Solutions (SRS) is gearing up to offer a range of manpower services with special focus on the South American country’s emerging oil and gas sector. Through an “ethics first” approach the company is aiming to be...

CDC confirms small traces of gas detected in Diamond eruption

Initial tests conducted on Friday morning at a property at Sixth Avenue, Diamond, East Bank, Demerara, Guyana, where an eruption of muddy substance occurred on Thursday, have shown a small concentration of hydrogen sulfide and methane gas. Director General (ag)...

Guyana at heart of regional deep water province – Ramnarine

In what is being described as the emergence of a regional deep water province, former Trinidad and Tobago Minister of Energy and Energy Affairs, Kevin Ramnarine, believes that Guyana lies at the heart of this petroleum-rich geological system. After Tullow...

Fmr CXC Registrar calls for overhaul of curriculum to cater for O&G

Senior Assistant Registrar (retired) for the Caribbean Examinations Council (CXC), Dr. Gordon Harewood, said Guyana is on the verge of exciting times in the history of the country. Speaking at a workshop for Senior Education Officials on curriculum review at...

Brasington bids farewell to Guyana

ExxonMobil Guyana Senior Director, Public and Government Affairs, Kimberly Brasington’s tenure will conclude at the end of June, after serving a period of three years in the position. She will be taking up a new portfolio in Houston, Texas. https://youtu.be/swGBO3_kJ7g Brasington...

Guyana vows to honour ExxonMobil deal as countdown to first oil begins

Speaking at a reception on Tuesday to mark the start of the development phase of Liza Phase 1 in Guyana, the country’s Minister of Natural Resources, Raphael Trotman, said responsible governments do not arbitrarily redefine contract terms with a company...

Liza Phase 1 development progressing rapidly – ExxonMobil

The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...

Repsol, Total in US$324M deal with Algeria’s Sonatrach

Algerian energy giant Sonatrach on Monday signed a contract worth 324 million U.S. dollars with France's Total and Spain's Repsol for the development of a gas field in the south of the country. Under the contract, Sonatrach holds a major...

Latest News

Oil block auction opens for South America’s high-value basin, 25 billion barrels at stake

Guyana President Dr. Mohamed Irfaan Ali announced the opening of the country’s first competitive offshore bidding, early Friday morning,...