Tuesday, March 21, 2023

News

Exxon’s drilling operations to peak in 2025 with seven major projects across Stabroek, Kaieteur, Canje blocks

Once ExxonMobil Guyana receives approval from the Environmental Protection Agency (EPA) for its 35 multi-well programme in the Stabroek Block, drilling operations for the country could reach its peak in 2025. According to the Cumulative Impact Assessment (CIA) for the...

Unlimited insurance coverage unheard of but parent companies can be held liable – Guyana EPA

Guyana's Environmental Protection Agency (EPA) has reiterated its commitment to ensuring the country holds no liability in the unlikely event of an oil spill in the offshore Stabroek Block.  Current Permits are held by ExxonMobil Corp. subsidiary, Esso Exploration and...

Guyana Shore Base stresses safety after woman enters West Bank construction site

The Guyana Shore Base Inc. (GYSBI) is stressing the importance of safety after an incident that saw a woman entering an active construction site at Reynstein, West Bank Demerara.  The woman, Elizabeth Deane Hughes, wrote a letter to local...

Total launches front end studies for Papua LNG project

TotalEnergies said it has launched the fully integrated front-end engineering and design (FEED) for the Papua LNG project. As operator of Papua LNG, Total led its joint venture partners in the selection of a concept including four electrical LNG trains...

Guyana’s Gas-to-Energy Project: Your Questions Answered

What is the Gas-to-Energy project?  Gas-to-Energy is a project that aims to put infrastructure in place so natural gas can be transported from the offshore Stabroek Block’s liza oilfield to an integrated gas processing facility at Wales, on the West...

Guyana offshore investments at US$7B in 2023 as global oil activities surge – Rystad Energy

Annual greenfield capital expenditure is set to break the US$100 billion threshold this year, according to Norway’s Rystad Energy as offshore development activities surge globally. And investments in Guyana’s offshore Stabroek Block will take up US$7 billion of that...

Exxon’s new multi-well campaign at Stabroek Block not expected to affect fishing industry – CIA Report 

ExxonMobil Guyana’s proposed 35-well campaign for the Stabroek Block is expected to have little to no adverse impacts on the nation’s fishing industry. In fact, Exxon’s Cumulative Impact Assessment (CIA) Report by ERM Guyana Inc. notes that the nation’s current...

More FPSOs may be needed as Guyana’s Stabroek Block discoveries grow – Hess boss

Given the industry-leading rate of discoveries in the Stabroek Block, there may be a need for more than 10 floating, production, storage and offloading (FPSO) vessels to take off the resources. This was confirmed by Hess Corporation’s Chief Executive...

Tullow writes off US$97.7 million in Guyana expenses

Tullow Oil has written off US$97.7 million in costs related to the Kanuku and Orinduik blocks.  Kanuku block write-offs amount to US$75.3 million, related to unsuccessful well costs, as well as license relinquishments. Repsol, the operator, drilled the Beebei-Potaro well...

Guyana in talks with India to fast-track agriculture productivity with  tissue-culture technology

To ensure it stays on track for rapid economic diversification, Vice President, Dr. Bharrat Jagdeo said on March 3 that Guyana is in talks with India to utilise its technological inventions to boost agricultural output. The official said India...

Latest News

Ampt and Innovenergy Expand Partnership in Europe

Ampt receives order for its String Optimizers to support 80 solar-plus-storage projects for Innovenergy’s C&I and agricultural customers FORT COLLINS,...