News

Israel shoots down drones heading to Energean’s new FPSO

Three Hezbollah drones that appeared to be heading for Energean’s new FPSO have been shot down by Israeli forces. The FPSO recently arrived in the Mediterranean Sea for operations at the Karish gas field. Just weeks ago, Lebanon warned Israel against...

Guyana, Suriname added over 1.2 billion barrels of discovered resources so far this year

Norway based Rystad Energy says South America looks set to remain a global exploration hot spot for the next two years, driven primarily by activity in Brazil, Guyana, Suriname and Colombia. The region has seen a recovery in activity...

Gas project will cut Guyana’s emissions for power generation in half

Liam Mallon, President of ExxonMobil’s Upstream Company, said Guyana’s landmark Gas-to-Energy project exemplifies ExxonMobil’s commitment to progressing meaningful development in its business, because of the impact it will have on the South American country. “This project will produce half the...

Guyana to resume national mangrove restoration project in low carbon push

Being among the best natural carbon capture agents in the world, mangroves are an invaluable tool for any government in its quest to reduce a country’s carbon footprint. They can store three to four times more carbon than regular...

Nothing in the world more exciting to work on than Guyana’s projects – Exxon Upstream President

President of ExxonMobil Upstream Company, Liam Mallon, speaking at an event at State House in Georgetown on Thursday, said he is extremely proud of the work ExxonMobil has done in Guyana, and extremely hopeful for the future and the...

Exxon searching for companies to construct Guyana’s first-ever oil and gas training institute

ExxonMobil’s affiliate Esso Exploration and Production Guyana Limited (EEPGL), has commenced its procurement process for a contractor to construct the Guyana Technical Training Institute – the nation’s first state-of-the-art oil and gas training facility. In the request for information issued...

New oil bounties in CARICOM warrant revised trade agreement – Economist

Paramaribo, Suriname – Since the development of the CARICOM Single Market and Economy (CMSE) agreement, the Caribbean has changed. Massive oil and gas discoveries have been made. The Revised Treaty of Chaguaramas – the main pact establishing the Caribbean Community...

City Chamber joins CARICOM business group for better Guyanese representation

The Georgetown Chamber of Commerce and Industry (GCCI) has become a member of the CARICOM Private Sector Organization (CPSO), a service organization that mobilises and advances private sector participation within the Caribbean Community and Common Market (CARICOM).  The Chamber announced...

Gap analysis needed to assess competencies of Suriname’s oil sector – T&T local content expert

Head of Trinidad and Tobago’s Permanent Local Content Committee, Jemma Langley, Thursday advised Suriname to conduct a gap analysis. In the context of local content and the oil and gas sector, a gap analysis would measure the actual capacities and...

With every question answered, Gas-to-Energy must now move forward – President Ali

Promoting the upcoming Gas-to-Energy project, Guyana President Dr. Mohamed Irfaan Ali said the landmark energy initiative has undergone every single test of public scrutiny and passed. “As far as I’m aware, every single question has been provided with an answer...

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The rise of Expro’s first Guyanese Field Service Supervisor, Norman Chapman 

When Norman Chapman joined Expro Guyana in 2018, then known as Frank’s International, he was one of just five...