Guyana's emerging Payara Gold crude is on schedule for its first official loading in November. This update is based on a program obtained by S&P Global Commodity Insights.
The said program schedules two 1-million-barrel cargoes of Payara to load in...
Marking the coming expansion of Qatar's LNG export capabilities, QatarEnergy has announced a massive deal with Hyundai Heavy Industries (HHI) of South Korea. Under the agreement, HHI will construct 17 state-of-the-art LNG carriers, with the total transaction being valued...
ExxonMobil Guyana has indicated that it is withdrawing from the Kaieteur Block. Additionally, Ratio Petroleum Energy Limited has informed the market that Hess is also withdrawing from the block.
“ExxonMobil Guyana has exited the Kaieteur block offshore Guyana, with participating...
Equinor and Ithaca Energy have made the final investment decision to move forward with Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS). The investment for this project will total an impressive US$3.8 billion.
The North Sea...
In the wake of a series of recent positive developments in the Trinidad & Tobago energy sector, the Energy Chamber of Trinidad and Tobago (ECTT) is keenly awaiting the upcoming national budget set to be announced on Monday, October...
The Guyana Police Force (GPF) has issued an apology after David Patterson, Member of Parliament (MP) for Guyana and the country's shadow oil minister, was prevented from leaving Guyana to attend a meeting with the Black Congressional Caucus on...
In a stern response to Venezuela’s latest attempt to bypass the International Court of Justice (ICJ), Guyana’s Permanent Representative to the United Nations, Ambassador Carolyn Rodrigues-Birkett, defended her country's position on the longstanding border controversy between the two nations....
Guyana's Minister of Natural Resources, Vickram Bharrat, and Permanent Secretary, Joslyn McKenzie, have met with Hart Group and BDO Guyana. Spearheaded by David Quinn of Hart Group and Rakesh Latchana of BDO Guyana, the joint venture has been appointed...
KBR announced today that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture.
Woodside has a 90% stake, while Kansai Electric and Tokyo...
ExxonMobil, Hess and CNOOC, have reached a significant cost recovery milestone as they develop the immensely lucrative Stabroek Block. As of the first half of 2023, the Stabroek Block partners have successfully recovered over US$14 billion in investments. This...
