President of Guyana Dr Mohamed Irfaan Ali says his government will ensure transparency and accountability in the oil and gas sector, citing the phenomenal growth projections of the International Financial Institutions for the South American country this year.
Dr. Ali...
Frontera Energy said on Thursday it is highly optimistic about newly detected drill prospects on the offshore block it shares with CGX Energy in Guyana and is eager to move ahead with drilling when analysis on a recently concluded...
Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions,...
US oil major ExxonMobil is projected to expend around US$50 billion in project sanctioning over the next 10 years for its offshore development activities in Guyana, according to Norway-based energy research and business intelligence company, Rystad Energy.
Of the 16...
Suriname state oil company Staatsolie would like to see the country’s deepwater discoveries move to development in the shortest time possible, similar to the Liza discovery in Guyana which operator ExxonMobil was able to move to first oil in...
CGX Energy Inc.through CGX Resources Inc. (CRI), operator of the Corentyne Block offshore Guyana, under a Joint Operating Agreement with Frontera Energy Guyana Corp., said Thursday a seismic acquisition conducted on the block has identified two potentially highly prospective...
The Liza Unity FPSO, Guyana’s second oil production vessel, is currently under construction in Singapore and remains on target for delivery in 2022.
Dutch floater specialist, SBM Offshore, said Thursday after the temporary closure of the yards in Singapore due...
Nineteen persons were sworn in as ministers on Wednesday by newly elected Guyanese President, Irfaan Ali, who said the combination of youth and experience in his new Cabinet will take the South American country to its next level of...
Former Energy Minister for Trinidad and Tobago, Kevin Ramnarine, is of the firm opinion that the finality of the five-month long 2020 polls represents an important day for democracy in Guyana as well as the new PPP/C Government. But...
ExxonMobil has awarded a new 6-month contract to the drillship Noble Sam Croft for operations offshore Guyana, where the company has so far found more than 8 billion barrels of oil equivalent resources.
“In early August, ExxonMobil awarded the drillship Noble...
