News

After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels per day (b/d) in August.  The shutdowns for the connection of a natural gas pipeline lasted July 2-15 for Liza 2,...

Guyana's Vice President, Bharrat Jagdeo, said during a September 26 press conference in Georgetown, that the government expects to place its heavy fuel oil (HFO) power plants in reserve in 2025.  This move is contingent upon the anticipated startup of...

The PXGEO 2 seismic vessel is set to execute a series of significant seismic surveys in Trinidad and Tobago’s waters, as part of three major projects initiated by the Government of the Republic of Trinidad and Tobago (GoRTT), the...

Guyana's Vice President Bharrat Jagdeo said Phase 2 of the Gas-to-Energy project can be completed in two years.  “We believe that is an outside limit,” he said during a press conference in Georgetown on September 26, following the publication...

The floating, production, storage and offloading vessel (FPSO) for Suriname’s first offshore development will be capable of producing 220,000 barrels per day (b/d), according to TotalEnergies Chief Executive Officer, Patrick Pouyanné.  The initial target was 200,000 b/d.  Pouyanne, at an energy...

Guyana’s Vice President Bharrat Jagdeo has assured that consumers will benefit from a 50% reduction in power costs almost immediately after the Gas-to-Energy project becomes operational.  “I don’t know if it will be one day, a week, or so, but...

The Canje Block offshore Guyana is still with operator ExxonMobil and co-venturers TotalEnergies, JHI Associates and Mid-Atlantic Oil & Gas. Vice President Bharrat Jagdeo confirmed this at a press conference on Thursday, pointing out that 20 percent of the...

CNOOC Petroleum Guyana Limited (CPGL) has announced plans to establish a new data storage and sharing platform to meet the growing collaborative needs of its global workforce. This system will enhance CPGL's capacity to manage increased production and development...

Pre-FEED engineering work has commenced on Woodside Energy’s Calypso Project, located 220 km off Trinidad's coast in water depths of 2,100 meters. This development follows the completion of conceptual studies and the selection of an infield host as the...

The Government of Guyana has issued a Request for Proposals (RFP) seeking qualified firms to manage the operations and maintenance (O&M) of a 300-megawatt (MW) power plant and related auxiliary facilities as part of the Gas-to-Energy Project. This power...