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Guyana determined to sustain investment pipeline for value-packed oil projects

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If the Guyana government were to impose a cap on the expansion of Guyana’s oil and gas operations by, say, not approving any more projects, it would essentially be killing the momentum in the local supply industry. According to...
News

3,500 barrels of cooking gas per day, GY$27B in household savings for Guyana – Ali

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President of Guyana, Dr. Mohamed Irfaan Ali said the government and households will see direct savings once the first phase of the landmark Gas-to-Energy project is delivered. He provided estimates during a recent State House event, outlining the project details. “We...
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Driller with most rigs offshore Guyana looking for caterers

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Noble Drilling (Guyana) is on the hunt for suitable applicants to submit technical information for the provision of offshore catering, housekeeping, laundry, janitorial and pest control services. In a Request For Information (RFI), Noble said the scope of supply includes...
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African Chamber says western environmentalists threaten continent’s energy security

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Despite the massive socioeconomic and energy benefits expected from the upcoming East African Crude Oil Pipeline (EACOP), western environmentalist groups are calling for the abandonment of the project. In light of this, Executive Chairman of the African Energy Chamber...
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Shell joins list of majors in Qatar’s mega LNG project

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QatarEnergy has now added oil supermajor Shell as a joint venture (JV) partner in its mega North Field East liquefied natural gas (LNG) project. Shell will hold a 25% stake in the JV company that will own 25% of the North Field East (NFE) expansion...
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New Chief Financial Officer, Exploration Manager for CGX Energy

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CGX Energy has appointed a new Chief Financial Officer (CFO) and an Exploration Manager (EM) as the company gears up to drill the Wei-1 well in the Corentyne Block, offshore Guyana. According to the company’s announcement on Monday, Mr. George...
Exploration

In 7 years: 2 massive oil production vessels, 6 drill ships, multiple supply boats

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In just seven years Guyana has moved from a frontier area to South America’s hottest new oil province and emerging energy hub, all as a result of an unprecedented series of discoveries made by ExxonMobil off the country’s coast...
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China issues over 52 million mt of new crude quotas to 35 refineries

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(S&P Global Platts) China's Ministry of Commerce has released 52.56 million mt (385.26 million barrels) of crude import quotas to 35 qualifying independent and non-major state-owned refineries in the second batch for 2022, sources with those plants told S&P...
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Exxon says being ‘essential partner’ to Guyana is its number one priority

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The transformation of Guyana through revenues being generated from massive oil and gas production operations taking place off the country’s coast is underway. ExxonMobil, operator at the largest offshore block, along with co-venturers Hess and CNOOC, says being an...
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New East African oil pipeline to drive energy security, job creation benefits

OilNOW -
Energy security, job creation, community development and wider socio-economic growth are just some of the benefits set to accrue from the development of the East Africa Crude Pipeline (EACOP) by 2030. The EACOP – also known as the Uganda-Tanzania crude...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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