At 180km offshore Guyana in deep to ultra-deep water, the Canje Block is said to be highly prospective with an environment of disposition unique among offshore Guyana blocks in that it contains both continental slope and basin floor terrain.
Most...
New oil producer Guyana is expected to lift 2 million barrels more of Liza crude this year, representing the country’s share of 5 million barrels; 3 million of which have already been exported.
Oil production got underway in the South...
High Commissioner of the United Kingdom to Guyana, Greg Quinn met with newly appointed Minister of Foreign Affairs and International Cooperation, Hugh Todd today where a number of matters were discussed, including the twinning of Georgetown, Guyana and Aberdeen,...
The Office of the newly elected President of Guyana, Dr. Mohamed Irfaan Ali, will have direct oversight for finance, and natural resources, under which the petroleum portfolio falls.
In a statement on Monday, the Office of the President said, “In...
The offloading of Guyana’s 3rd million-barrel oil cargo from the Liza Destiny FPSO to Norwegian flag-carrier SKS SPEY concluded on Sunday, marking the final lift under the current contract the country has with Shell Western Supply and Trading Limited.
Brent...
President of Guyana Dr. Mohamed Irfaan Ali has committed to safeguarding the sovereignty of the South American oil producing country, noting that all Guyanese stand united on the issue of the integrity of the country’s borders.
Speaking at his inauguration...
The Centre for Local Business Development (CLBD) will host a Health, Safety, Security and Environment (HSSE) webinar on the evolution of Guyana’s safety culture this week. The discussion will focus on the evolution of safety standards in Guyana and...
Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced on Sunday their intent to strengthen bilateral relations between the two South American countries that will see strategic collaboration in...
The Guyana-Suriname basin has been the subject of much discussion since US oil major ExxonMobil made its world class Liza discovery in 2015 at the prolific Stabroek Block. Appraisal drilling showed Liza contained 800 million to 1.4 billion barrels...
(Reuters) - The world’s five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and...
