Monday, July 4, 2022

News

Gap analysis needed to assess competencies of Suriname’s oil sector – T&T local content expert

Head of Trinidad and Tobago’s Permanent Local Content Committee, Jemma Langley, Thursday advised Suriname to conduct a gap analysis. In the context of local content and the oil and gas sector, a gap analysis would measure the actual capacities and...

With every question answered, Gas-to-Energy must now move forward – President Ali

Promoting the upcoming Gas-to-Energy project, Guyana President Dr. Mohamed Irfaan Ali said the landmark energy initiative has undergone every single test of public scrutiny and passed. “As far as I’m aware, every single question has been provided with an answer...

US$100M to be invested in international oil and gas institute – Guyana President

Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...

Exxon selling Canada assets for US$1.47 billion

ExxonMobil said it will be selling Canada assets later this year for a total cash consideration US$1.47 billion. Exxon’s affiliates in Canada, Imperial Oil and ExxonMobil Canada, entered into an agreement with Whitecap Resources Inc. for the sale of XTO...

Refiners eye Guyana, Azerbaijan, Gabon for supplies

India is facing severe pressure from triple-digit oil prices and a rising import bill which is prompting one of the world’s top three largest oil importers to look beyond traditional exporting regions, such as the Middle East, for term...

Caribbean’s top three state-owned energy companies enter pact in Suriname

Paramaribo, Suriname – On Tuesday, Suriname and Trinidad and Tobago (TT) further deepened the partnership between their energy sectors with the signing of a Memorandum of Understanding (MOU) between Staatsolie Maatschappij Suriname N.V. and TT state-owned energy companies – Paria Fuel...

Guyana to resume national climate resilience strategy this year

When Guyana first earned money for the conservation of its forests, it was determined to make sure the proceeds promote the same climate consciousness that sprouted the Guyana-Norway Partnership. So, it used the resources to compile a Climate Resilience Strategy...

Ramps says will meet Local Content Secretariat’s reasonable demands

Ramps Logistics says it will accede to document requests made by the Local Content Secretariat, in its bid to be placed on Guyana’s Local Content Register. It said this in a statement after receiving a letter from the Secretariat’s Director,...

Massive 30 billion barrels of oil now estimated offshore Suriname – Staatsolie VP

Paramaribo, Suriname – Suriname’s recent oil finds in Block 58 put the South American nation’s recoverable resource count at over five billion oil-equivalent barrels. But that number is merely a tiny fraction of what is believed to be held...

Oil finds in Guyana, Suriname position countries to become “new force” in global energy sector

Paramaribo, Suriname – Over the last two years, South American neighbours – Guyana and Suriname have been foisted into the limelight due to the exciting oil and gas discoveries being made in both offshore territories. To date, Guyana’s proven oil and...

Latest News

Guyana seeking Gas-to-Energy project manager

Guyana’s Ministry of Natural Resources has issued a request for proposals (RFP) for consultancy services related to the historic...