Featured

ExxonMobil’s 3rd proposed development at the Stabroek Block offshore Guyana is targeting 180,000 to 220,000 barrels of oil per day, pending government approvals. During the early stage of production operations, the project is anticipated to produce an average of approximately...

No technical barriers exist for piping natural gas from the Stabroek Block to shore for power generation and other applications in Guyana and with Gross Domestic Product (GDP) expected to triple in coming years, making this project a reality...

The Government of Guyana – South America’s newest oil and gas hotspot – has reiterated its commitment to transparency and accountability in the natural resources sector and its continued partnership and cooperation with institutions such as the Extractive Industries...

Guyana is seeing increased marine traffic with the establishment of its oil and gas sector. At current capacity, the country’s President, Dr. Irfaan Ali, says it does not have the facilities to meet the projected increase in marine traffic...

Entering into resource backed loan arrangements could devastate the economies of developing resource rich countries. However, it has been recognized that mechanisms such as the Extractive Industries Transparency Initiative (EITI) can play a role in equipping citizens to be...

RAMPS Logistics is expanding its services in Guyana as exploration and production activities offshore the South American country continue to expand. The company plans to increase the number of vessels operating in the country which the head of its...

Italian multinational oilfield services company Saipem is in the process of executing pipelaying work with the Crane Ship Saipem FDS 2, for phase 2 of ExxonMobil’s Liza Development offshore the South American country of Guyana. The Saipem FDS 2 is...

A draft agreement for the Payara development has been formulated and was discussed at a meeting on Thursday by a high-level team comprising individuals from ExxonMobil and the Department of Energy. In August, the newly elected government in Guyana had engaged...

As a result of the electoral impasse which delayed the swearing-in of the new government in Guyana by five months, investor confidence and trust in the new oil producing country has been severely damaged according to its new President,...

The Stena Carron drill ship is writing itself into the history books with a string of successful discoveries offshore Guyana, demonstrating its industry leading performance technology, making it ideal for drilling in dynamic environments such as the 6.6 million...