News

Notwithstanding a major slowdown in 2020 because of the pandemic’s global demand destruction, drilling and completion activities in South America are expected to bounce back significantly this year. The driving forces will be increased activities in Guyana and neighbouring Brazil,...

With massive natural resource assets in the hydrocarbon sector and a passion to diversify and transform the economy, President Dr. Mohamed Irfaan Ali holds the position that Guyana’s oil can make the entire Caribbean region food secure. During a meeting...

Hess Corporation, which has a 30% Working Interest in Guyana's Stabroek Block, released its 25th annual sustainability report on Monday. According to Chief Executive Officer (CEO), John Hess, this publication demonstrates its longstanding commitment to environmental and social sustainability...

Guyana’s transformational Gas-to-Energy project is quickly advancing. ExxonMobil’s Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has awarded a substantial contract to Subsea 7 and Dutch maritime contracting company, Van Oord, for the construction of the offshore pipeline and accompanying...

Following criticism from the Guyana Oil and Gas Energy Chamber (GOGEC) that its recent collaboration with Oilfield Workers Trade Union (OWTU) of Trinidad and Tobago could mean trouble, the Guyana Agricultural Workers' Union (GAWU) has come out to defend itself. While the Chamber...

Propelled by multi-billion-barrel oil and gas resources, Guyana’s growing prominence in the region was underscored this week in a meeting with United States (US) Secretary of State, Anthony Blinken, and President Dr. Mohamed Irfaan Ali. “Guyana has been a very...

Guyana’s Natural Resources Minister Vickram Bharrat told Members of Parliament last week that the change of government in a country should not result in instability and lack of predictability, particularly regarding agreements that were in place and on which...

President of the Guyana Oil and Gas Energy Chamber, Manniram Prashad, has expressed displeasure with the decision of the Guyana Agricultural Workers’ Union to collaborate with the Oilfield Workers’ Trade Union (OWTU) of Trinidad and Tobago. A release from the energy...

Tullow Oil is preparing to submit drilling commitments to the Government of Guyana for the Orinduik Block. In a release shared by Orinduik's 15%-stakeholder, Eco-Atlantic Oil & Gas, Dr. Michael Green of Align Research said progress is being made on...

The Government of Guyana and the Export-Import Bank of the United States of America signed a memorandum of understanding (MoU) involving some US$2 billion. The Bank is the official export credit agency of the US federal government. The agreement was signed...