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Guyana, United States set to sign ‘Growth in the Americas’ MoU to push energy, infrastructure investments

U.S. Secretary of State Michael R. Pompeo’s visit to the new oil producing country of Guyana will see the signing of a Memorandum of Understanding (MoU) geared towards improving the investment environment in the South American nation. According to a Senior State...

Use oil revenues to push diversification agenda before window of opportunity is lost – Nokta urges

President of the Guyana Manufacturing and Services Association (GMSA) Shyam Nokta believes that now is the time that Guyana must make the most of the opportunities to strengthen the South American country’s traditional economic sectors given not only the...

Respect for international law and norms critical at this time, vital for oil and gas – Mia Mottley

The emergence of Guyana and Suriname as key energy producers in CARICOM has the potential to significantly increase cross-border trade, investment, and regional prosperity. However, Prime Minister of Barbados, Mia Mottley, is warning that this will only be successful...

Young Guyanese looking forward with anticipation to working on country’s first oil production vessel

Spread moored around 120 miles offshore Guyana, the Liza Destiny FPSO will soon receive another batch of Guyanese who will be embarking on their first stint offshore to undergo on-the-job training as operations and maintenance (O&M) technicians, having recently...

SBM Offshore plans to put more Guyanese on FPSOs and in shorebase offices – Michiel Heuven

SBM Offshore is looking to increase its local workforce and build the capacity of Guyanese to take up more leadership positions in its operations in the new oil producing South American country. This is according to the company’s Head...

ExxonMobil expects ‘significant progress’ on gas to shore project in the coming year, says benefits are clear for Guyana

The newly elected Guyana government has affirmed its position on a gas to shore project, committing to developing a natural gas power generation facility in order to cut the country’s energy cost by some 60 percent; and ExxonMobil Guyana says...

Guyana is a core investment priority, ExxonMobil affirms at CARIVS Summit

President of ExxonMobil Guyana, Alistair Routledge on Tuesday reaffirmed the company’s commitment to the South American nation as two major oil discoveries last week boosted the oil giant’s flourishing portfolio in the prolific Stabroek block. Addressing attendees at the first...

Pompeo’s visit to Guyana and region in defense of democracy, strengthening security against regional threats – U.S. Dept. of State

U.S. Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, from September 17-20, 2020.  The Department of State said Tuesday this trip will highlight the United States’ commitment to defend democracy,...

ExxonMobil Geologists anxious over results of deepest Guyana well ever drilled – Routledge

US oil major ExxonMobil is paying keen attention to the drill campaign currently underway at Tanager-1 – the deepest well the company has ever drilled offshore Guyana. “Our Tanager well, which we started drilling in August, is unique and exciting,”...

Guyana’s O&G opportunities take centre stage as CARIVS opens

The growing opportunities in Guyana’s oil and gas sector took the spotlight on Tuesday as the inaugural ‘Caribbean Virtual Oil and Gas Summit’ (CARIVS) got underway. The three-day virtual event which also features an exhibition - CARIVS 2020 - was...

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Guyana barrels help fill gap as Slovak refiner turns to Latin America for supply

Slovak oil refiner Slovnaft is seeking crude from Latin America as supply disruptions limit access to its traditional sources,...