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...
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...
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...
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...
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,...
The Liza Phase 1 development project will see a total of 17 wells being drilled, eight of which will produce oil, while six will be used for water injection and three for gas injection. Gas and water are reinjected to...
Encouraged by positive results from several drill campaigns offshore Guyana which saw the largest discovery being made for 2015, ExxonMobil has vowed to continue its search for more oil in the South American country.
The Liza 1 discovery, estimated to...
The West Indies Oil Company Limited, WIOC, has inaugurated a new oil tank yard in St. John's, Antigua and Barbuda, improving the country’s energy infrastructure.
Roughly 51 percent of the project is owned by the government of Antigua and Barbuda,...
The passage of the Petroleum Commission of Guyana Bill 2017 which would pave the way for the establishment of a Petroleum Commission could occur before year-end, but authorities say getting it right is more important than trying to accelerate...
Exxon Mobil Corporation said Thursday it had increased its financial commitment for Harvey relief to up to $9.5 million, which includes a new employee and retiree donation match program and in-kind donations to the American Red Cross for recovery efforts...