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(S&P Global Platts) Brazilian state-led oil company Petrobras will be reimbursed around $6.5 billion for investments it made to develop the Atapu and Sepia subsalt fields in the transfer-of-rights area in an agreement to clarify terms ahead of a...

Italian multinational oilfield services company Saipem said Tuesday it has received confirmation from Qatargas for the exercise of two options for additional scope of work within the North Field Production Sustainability Offshore Project, the award of which was communicated...

The expanding oil and gas operations in Guyana will have a significant impact on other industries in the country, according to the Canada-Guyana Chamber of Commerce (CGCC). The Chamber says this is the ideal time for foreign businesses to...

Ivelaw Lloyd Griffith, former Vice Chancellor of the University of Guyana and Senior Associate with the Center for Strategic and International Studies says a great deal is riding on the outcome of the border controversy between Guyana and Venezuela,...

Canada-based oil and gas company Touchstone Exploration Inc. said on Monday the completion of flowback testing of the Cascadura Deep-1 well in Trinidad and Tobago confirms a liquids rich natural gas discovery. Touchstone has an 80 percent operating working...

The University of Guyana (UG) on Saturday launched its Zoom Rooms project which it says lays down the first building blocks for its blended-learning architecture. The project is part of a gift under the ExxonMobil and Stabroek Block co-venturers...

The Liza-1 well offshore Guyana could supply the country with approximately 50 million standard cubic feet of natural gas per day and one expert says future exploration campaigns by ExxonMobil at the prolific Stabroek Block could see much more...

Bordered by oil producing giants such as Venezuela and Brazil, the evidence of possible hydrocarbon accumulations in Guyana dates back to the 1700s, when oil traces were reported. However, the quest for unlocking the subsurface riches began in earnest...

Dear Editor, I read with great interest the article entitled “Gas-to-power seen as a game changer for Guyana’s energy sector” as found in the impressive second edition of the local publication ENERGY. On the surface it appears to be an...

By Ivelaw Lloyd Griffith - OilNOW In the first article in this four-part series, I focused on Venezuela’s recent saber-rattling moves. In this 2nd part I turn attention now to stakes involved for the two South American nations. The spotlight on...