News

ExxonMobil Guyana has commenced geotechnical and geophysical surveying operations in the vicinity of the Demerara  main ship channel and off the West Coast of Demerara in the vicinity of Plantation Best. ExxonMobil Guyana’s Media Advisor, Kwesi Isles explained, “The surveys,...

Guyana’s Maritime Administration Department (MARAD) announced that a multibeam hydrographic survey is currently ongoing off the coast of Guyana. MARAD said the survey activities commenced on Feb. 23 and will last up to July 31. It will incorporate the use of...

ExxonMobil Guyana has revealed ‘Errea Wittu’ is the name to be given to the floating production, storage, and offloading (FPSO) vessel intended for its fifth project, Uaru.   The name means ‘abundance’, said ExxonMobil Guyana Projects Environmental and Regulatory Advisor, Laurent...

Trinidad and Tobago’s National Gas Company (NGC) is expected to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023, Touchstone Exploration announced. “Touchstone remains on track to complete the Cascadura facility...

The relationship between the Guyana government and the Stabroek Block co-venturers is yielding projects that will make Guyana the world’s largest per capita producer of oil. The arrangement is extremely rewarding for all parties. But Vice President Dr. Bharrat...

Civil society representatives from Guyana’s Extractive Industries Transparency Initiative (EITI) multi-stakeholder group have stated that an absent coordinator has stymied their work. This comes after the government said there may have been deliberate attempts by members of the MSG...

Guyana’s Vice President Dr. Bharrat Jagdeo is preparing to sign a memorandum of understanding (MoU) with the government of India. According to Guyana’s Department of Public Information (DPI), the MoU is meant to foster cooperation in the oil and gas...

bp and partners today confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation. The partnership – composed of...

Guyana and Brazil remain key to Dutch floater specialist, SBM Offshore. The company in its 2022 Annual Report outlined that it is taking a “disciplined and selective” approach to market opportunities, focusing on the main floating, production, storage and offloading...

Americas Market Intelligence (AMI) has ranked Guyana #1 in its Latin America 2023 Outlook: The Good, The Bad and The Ugly. Guyana’s neighbours Venezuela and Trinidad and Tobago scored so low that they were categorised among The Ugly. Among the...