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Guyana disaster response unit to receive oil spill training

The Civil Defence Commission (CDC) in Guyana is expected to benefit from a series of training opportunities to better respond to disasters in the emerging oil and gas industry, such as oil spills. This was disclosed by the country’s Minister...

Local content must be clearly defined, should take effect from exploration stage – GCCI

The Georgetown Chamber of Commerce and Industry (GCCI) is calling for a clear definition of “local content” and believes this should take effect as early as the exploration stage, in Guyana's oil and gas sector. GCCI, which represents 180 private sector...

More Guyanese companies competing for contracts in oil & gas

Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...

Exxon on target: Liza Destiny arrives 2019

ExxonMobil says preparation for first oil in Guyana is on schedule and preliminary work being undertaken by key contractors is progressing well. Liza Destiny - the Floating Production Storage and Offloading (FPSO) vessel being designed by SBM Offshore to produce...

Guyana looking to make O&G local content framework “national model”

While a draft Local Content Policy framework currently being reviewed in Guyana has been designed specifically for the oil and gas industry, the government hopes that it would serve as a blue print for other sectors in the economy. Guyana’s...

Diverting natural gas to shore technically feasible, could lower electricity cost – Exxon Country Manager

As Guyana moves closer to first oil in 2020, US super-major ExxonMobil and authorities in the South American country have been mulling the feasibility of diverting natural gas from the production reservoir offshore, to land, for electricity generation. ExxonMobil Country...

The life of a well: Part 1

Millions of wells have been drilled since US explorers launched the modern oil industry a century and a half ago. In those 150 years, technology advances have gradually improved the chances that wells will find oil and gas, and...

US team arriving Wednesday in Guyana to finalise oil spill response plan

A team comprising members of the United States Coast Guard (USGS) and the US Department of Interior (DOI) will be in Guyana from September 6 – 8 to help finalise Guyana’s National Oil Spill Emergency Plan. The team will be visiting Guyana...

Countrywide discussions on local content framework begin Wednesday in Guyana

The Petroleum Department of Guyana's Ministry of Natural Resources will on Wednesday host a stakeholder engagement on the draft Local Content Policy framework. The draft framework has been under review by stakeholders over the past few months. Author of the document, Trinidadian...

Gov’t, Exxon need to sit down and decide on disclosures – Trotman

The Guyana government and US super-major ExxonMobil will need to sit down and chart a way forward regarding the disclosure of information related to agreements for petroleum exploration and production in the South American country. Guyana’s Minister of Natural Resources,...

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UK export agency triples financing for Guyana projects

The United Kingdom has substantially boosted financial support for projects in Guyana, surging from £750 million to £2.1 billion....