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98 kilogram of CO2 released for every barrel of oil Venezuela produces

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Data from Norway’s Rystad Energy lists Venezuela as one of the worst polluting oil producing countries in the world, based on emission intensity.  Rystad Energy compared producers from OPEC and Non-OPEC countries; Venezuela ranked the highest with 98 kilograms of...
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Guyana government likely to reissue request for proposals for Amaila Falls hydropower project

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Guyana Vice President Dr. Bharrat Jagdeo has announced that the government is considering reissuing a request for proposals (RFP) for the Amaila Falls hydropower project. This decision comes after the previous attempt to find a suitable contractor for the...
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EITI lifts Guyana’s suspension; publishes country’s 2020 report

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The Extractive Industries Transparency Initiative (EITI) has lifted its suspension of Guyana’s membership. “The EITI Board temporarily suspended Guyana on 1 February 2023 for failing to publish its 2020 EITI Report. In accordance with the EITI Standard, it was agreed...
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Bhagwandin, Lowe to go head-to-head in public debate on Guyana’s oil-fueled development

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Two Guyanese men, who often feature in media discourse on Guyana’s development, are set to meet for a spirited debate on the moot - “Guyana is not on the right path to development given its newfound oil resources.” Scheduled for...
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Guyana’s 11 billion barrels a far way from the top

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Guyana is now an impressive oil and gas destination with proven reserves of more than 11 billion oil-equivalent barrels in the Stabroek Block. Through the operations of an ExxonMobil-led consortium, the country will become one of the world’s largest...
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New software by SLB, Quora promises to revolutionise oil project planning

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Oilfield services provider SLB and software company Quorum Software have joined forces to introduce a digital planning solution aimed at revolutionising field development planning. The collaboration brings together Quorum's Planning Space business planning and petroleum economics offering with SLB's...
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Guyana’s Petroleum Activities Bill to strengthen regulatory, management tools – VP Jagdeo

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Guyana’s Vice President, Dr. Bharrat Jagdeo has clarified that the country’s Petroleum Activities Bill 2023 is solely intended to whet the administration’s regulatory teeth. It will not embody the fiscal regime for the industry. This he said would be...
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OMV recruits TechnipFMC for iEPCI job on Berling gas project offshore Norway

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OMV (Norge) AS has chosen TechnipFMC to undertake a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for its Berling gas development project. This marks OMV's first iEPCI™ project in Norway as an operator, and TechnipFMC will be...
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SBM Offshore Guyana marks 10th Annual Life Day with focus on Safety and Environment

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SBM Offshore Guyana celebrated its tenth annual Life Day on June 27, 2023. The event, held under the theme 'Observe and Intervene,' focused on raising awareness about the environment and potential hazards while stressing the importance of accident prevention...
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Asia Pacific region’s energy transition to benefit from major boost through TotalEnergies-Petronas partnership

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The Asia Pacific region's efforts toward a sustainable energy future have received a significant boost with the announcement of a strategic collaboration agreement between TotalEnergies and Gentari Renewables Sdn Bhd, the clean energy solutions company of Petronas. This partnership...
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Tourism minister calls for cultural shift, stronger service standards to power Guyana’s next economic phase

Tourism, Industry, and Commerce Minister Susan Rodrigues has called for a national cultural transformation to align with Guyana’s rapid...

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