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Exploration

Barbados to open auction for 22 offshore blocks in November

OilNOW -
Barbados is looking to test its exclusive economic zone for petroleum deposits, as it will open a licensing round for 22 offshore blocks later this year. The notice from the Ministry of Energy and Business said interested oil and gas...
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Gas-to-Energy: World-class safety standards being used in pipeline design, construction – Exxon

OilNOW -
President of ExxonMobil Guyana, Alistair Routledge, said the design and construction of the Gas-to-Energy pipeline will be of the highest standard, as plans move forward for the landmark project that is set to cut the cost of power by half in...
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Small refinery for Guyana could make a big difference for energy security – VP

OilNOW -
Talk of Guyana having an oil refinery have ramped up in recent months. The governing administration is exploring options, having received proposals from eager investors. Though no final determination has been made, Guyana’s Vice President Dr. Bharrat Jagdeo believes that...
Exploration

Tullow expected to relinquish 20% of Orinduik acreage, enter new license phase

Kemol King -
The Orinduik Block partners are expected to relinquish 20% of the acreage as the first renewal period of the license draws to a close, taking approximately 360 square kilometers (km2) off the 1,800 km2 block. Eco (Atlantic), a partner in...
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ExxonMobil Guyana announces sponsorship of Guyana Amazon Warriors

OilNOW -
ExxonMobil Guyana announced Thursday that it is the exclusive sponsor of the Guyana Amazon Warriors for the 2022 Hero Caribbean Premier League (CPL) tournament. It is the sixth consecutive year that the company has been sponsoring the Amazon Warriors. This...
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Guyana on ‘right track’ accelerating oil and gas development to fund energy transition – Rystad Energy

OilNOW -
Norway’s Rystad Energy has lauded Guyana’s efforts to implement the right policies to attract foreign investment that will essentially fund its transition to cleaner, greener energy. In its August Review, Rystad Energy even urged that other Latin American nations use...
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Gas-to-Energy power plant must be done by 2024; NGL facility may come later – Jagdeo

OilNOW -
Guyana’s Vice President Dr. Bharrat Jagdeo says the Gas-to-Energy power plant has to be in place by 2024, but that the Natural Gas Liquids (NGL) facility may not be completed by then. He said it could come until 2025...
Exploration

‘Never had an incident; we plan to keep it that way’ – ExxonMobil Guyana in emergency response training

OilNOW -
ExxonMobil Guyana wrapped up a two-day emergency response training exercise at the Marriott Hotel on Wednesday, to fortify the company’s strategies for incidents that could pose a threat to safety and the environment. The exercise is being conducted in cooperation...
News

Guyanese “trailblazers” lauded by President onboard country’s largest capacity FPSO

OilNOW -
Guyana’s President, Dr. Mohamed Irfaan Ali visited the Liza Unity floating production storage and offloading (FPSO) vessel on Tuesday where he toured the facility and met with the crew. He told Guyanese workers onboard the country’s largest capacity FPSO to...
News

Guyana needs 10 FPSOs; renegotiation would kill the momentum – Dr. Jagdeo

OilNOW -
Guyana’s Vice President Dr. Bharrat Jagdeo said on Friday that Guyana needs 10 oil-producing vessels to keep the economic momentum for government’s development agenda. He made the comment in defense of the incentives given to the Stabroek Block partners –...
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NewsIşıl Güneş -

Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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