News

Guyana has made its mark in the global oil and gas industry with an estimated proven recoverable resource of nearly 11 billion oil-equivalent barrels in the ExxonMobil-operated Stabroek Block. “That figure accounts for more than 10% of all the conventional...

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has assured authorities in Guyana that its proposed development at Uaru will abide by the strictest international standards and best practices for gas flaring and produced water. Application process for Exxon’s...

The Petroleum Production Licence (PPL) for the US$10B Yellowtail Project stipulates that ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), must provide the government with a list of potential opportunities for local and overseas training or secondee positions within its...

Norwegian state-owned multinational energy company, Equinor, announced on Friday that it is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS). These companies, trusted oilfield...

SBM Offshore’s Environmental, Social, and Governance (ESG) approach to its activities continue to guide the company’s operations in Guyana as it remains resolute in the pursuit of sustainable development.  The company is leading a series of initiatives geared towards...

The Government of Guyana has initiated steps to ascertain how much gas is available for export from the ExxonMobil-operated Stabroek Block where over 30 discoveries have been made amounting to nearly 11 billion barrels of oil equivalent, inclusive of...

On the surface, the multi-billion dollar ‘Port of Vreed-en-Hoop’ may seem like it will be a regular shore base facility, but it’s intended for much more than that. Three businessmen – Andron Alphonso of ZRN Investment Inc., Nazar Mohammed of Hadi’s World Incorporated and...

The Presidents of Brazil and Guyana, Jair Bolsonaro and Dr. Mohamed Irfaan Ali, met in Georgetown on Friday and agreed to cooperate on energy matters. They intend to intensify information exchange on their national energy plans, experiences in regulatory matters...

Guyana has achieved a "fairly low overall score" of 52 points for implementing the 2019 Extractive Industries Transparency Initiative (EITI) Standard. In its decision paper, the EITI Board explained that Guyana’s score reflects an average of three areas assessed:...

ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) disclosed that it has undertaken additional studies to obtain an even more comprehensive understanding of potential project discharges on Guyana’s environment. In its application to the Environmental Protection Agency (EPA) for environmental...