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12-inch pipeline will have capacity to deliver up to 130 million cubic feet of gas per day

OilNOW -
Authorities in Guyana are looking to ensure the infrastructure that is being built in partnership with ExxonMobil to deliver gas from the offshore Liza field can facilitate increased power generation as economic activity picks up and industry expands. The Gas-to-Energy...
News

Gas-to-Energy project to create over 700 jobs

OilNOW -
The gas-to-energy project, a partnership between the Guyana government and ExxonMobil Guyana, is estimated to create about 775 jobs. About 700 of these aggregate to the construction phase, while the remaining 75 are for the other aspects of the...
News

Guyana and Ghana Presidents discuss oil & gas, other issues

OilNOW -
President of Guyana, Dr. Mohamed Irfaan Ali recently held talks via telephone with the President of Ghana, Nana Addo Dankwa Akufo-Addo which saw both committing to advancing and deepening the agenda for cooperation between the two countries, including in...
Exploration

All eyes on upcoming OPEC+ meeting as Brent hovers above $76

OilNOW -
Close attention is being paid to the upcoming July 1 OPEC+ meeting at which the alliance is expected to pronounce on its production plan for August and likely beyond. Crude production is currently being held at 6.2 million bpd...
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Exxon plans to submit Yellowtail FDP by October, already has line of sight on projects 6 & 7

OilNOW -
ExxonMobil is aiming to submit the Field Development Plan (FDP) for its giant Yellowtail Development to authorities in Guyana by October of this year and will make a final investment decision on the 250,000 barrels per day project by...
News

U.S, Guyana Working Group on energy and investments still under active consideration – Foreign Affairs Minister

OilNOW -
Guyana’s Foreign Affairs Minister Mr. Hugh Todd and the former United States Secretary of State, Mr. Michael Pompeo had in September 2020 signed a Memorandum of Understanding (MoU) to establish a Working Group on energy and investment between the...
Exploration

Guyana is lynchpin in southern Caribbean’s changing geopolitical landscape – Scott B. MacDonald

OilNOW -
By Scott B. MacDonald - OilNOW In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago,...
News

Hess well positioned to meet oil, gas demand for next 10-20 years – CEO

OilNOW -
Hess Corporation expects the global oil and gas industry to be around for as long as two decades. So said its Chief Executive Officer (CEO), John Hess during JP Morgan’s virtual Energy and Renewables Conference last week. This is based...
News

Gas-to-Energy project to last at least 25 years, Exxon says in project summary

OilNOW -
ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) recently submitted to the Environmental Protection Agency (EPA), the project summary for the gas-to-energy project which government has said could cost around US$900 million in total. The document notes that the...
News

Exxon seeking EPA approval for establishment of gas-to-energy facilities

OilNOW -
Guyana’s Environmental Protection Agency (EPA) has directed ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) to conduct an Environmental Impact Assessment (EIA) in order to get authorization for the imminent gas-to-energy project. The public now has 28 days...
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High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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