News

Exxon says first pipeline is start of potentially bigger gas development in Guyana

Guyana’s focus is beginning to shift to its natural gas potential. While there has been talk from government that ExxonMobil may be slow to go down this development path, the Corporation’s Upstream President, Liam Mallon stated clearly that its...

Specialist shipping company announces entry into Guyana, LATAM market at Guyana Energy Conference

Universal Africa Lines (UAL), a shipping company known for its specialized services in the oil and gas sector, announced its strategic expansion into Guyana and the broader Latin America region, at the ongoing Guyana Energy Conference and Supply Chain...

Gov’t to meet H1 2025 target for power from Gas-to-Energy project – Brassington 

By the first half of 2025, Guyana will be able to enjoy reliable power from its Gas-to-Energy project. That update was provided by Government Consultant, Winston Brassington on day two of the Guyana Energy Conference and Supply Chain Expo.  In...

Sispro Inc. unveils Vendor Registration Portal 

To tap into the buzz around the ongoing Guyana Energy Conference and Supply Chain Expo, Sispro Inc. - the Guyanese company that was awarded two blocks in the recent auction - launched its Vendor Registration Portal.  Sispro said the portal...

Exxon’s 4th Guyana FPSO leaves drydock; now moored along integration quayside at Singapore yard

SBM Offshore announced on Feb. 21 that the ONE GUYANA floating, production storage and offloading vessel (FPSO) has left drydock. OilNOW understands the vessel is now moored along quayside at the Seatrium yard in Singapore. It is the fourth...

Guyana will be carbon negative even when producing oil at 1.5 million b/d – Jagdeo

Even with world-leading per capita oil production aspirations, the Guyana government believes the country can keep its long-standing environmental credentials. According to Vice President Bharrat Jagdeo, “We will remain carbon negative even when we are producing 1.5 million barrels...

World-class FPSO simulator set to unlock new opportunities for Guyana – President Ali 

Having a floating production storage and offloading vessel (FPSO) facilities simulator in the country is a massive achievement for Guyana. So says the country's President, Dr. Irfaan Ali, who believes it unlocks a whole world of new opportunities for...

Caribbean Chamber launched to promote energy transition

The march towards energy security in the Caribbean has been given a boost with the launch of the Caribbean Energy Chamber (CEC), a new entity aimed at ensuring net zero energy security across the region.  Melanie Chen, the founding Chair...

Guyana’s oil helping to stabilize global energy markets – Exxon Upstream President

In a world fraught with geopolitical unrest and economic uncertainties, the role of stable energy supplies cannot be overstated. Liam Mallon, President of ExxonMobil Upstream Company, recently highlighted the remarkable contribution of Guyana to global energy markets amidst these...

Pompeo to investors: Ensure Guyana has the tools, security needed to become “massive producer of energy” 

Former U.S. Secretary of State, Mike Pompeo charged stakeholders at the Guyana Energy Conference and Supply Chain Expo to put priority on ensuring the South American nation realizes its potential. In a video message, Pompeo said, “We have to ensure...

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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...