Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across the Caribbean, according to Philippe Jackson, Partner and Political Risk Advisor at Orinoco Research.
In a March 2 LinkedIn post, Jackson...
Guyana, Brazil, and Suriname are set to anchor South America’s dominance in the global floating production, storage and offloading (FPSO) vessel market, with projects valued at approximately US$181 billion between 2021 and 2030, according to Rystad Energy.
“South America is...
Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore investment decisions, pointing to Guyana as a market already moving quickly.
Abramov spoke during a Rystad...
Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day (MMcf/d), underscoring the country’s emergence in the floating production, storage and offloading (FPSO) segment.
In a...
Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand Guyana’s non-oil economy and strengthen long-term competitiveness. This is according to Dr. Peter Ramsaroop, Chief Investment Officer and CEO of...
Brent crude could trade in the range of US$100 to US$120 per barrel if disruption at the Strait of Hormuz lasts more than three weeks, analysts at JPMorgan said in a research note to clients. This is according to...
ExxonMobil’s Canje Block is on course to expire this week, setting the stage for a full relinquishment of the offshore deepwater acreage.
Relinquishments are a key aspect of how Guyana’s petroleum systems function. They are built into contracts and reinforced...
SLB has issued a Request for Information (RFI) seeking a qualified third-party provider to supply manpower and contingent labour services in Guyana, including operators for its mud plant operations.
The global leader in energy technology is “seeking to identify and...
The US$100 million Guyana STEM initiative launched by ExxonMobil aims to strengthen the South American country's national Science, Technology, Engineering and Mathematics (STEM) education capacity and support long-term workforce development aligned with economic growth. The initiative draws on education...
Have you ever wondered what the much-discussed Berbice-focused gas development in Guyana is really about? Here’s what we know so far.
The Berbice Gas Development
The Berbice gas development is a potentially large-scale project aimed at producing and piping mainly non-associated...
