News

When ExxonMobil was awarded the Stabroek Block license in 1999 it did not immediately move to begin exploration activities. Offshore drilling in Guyana at the time was negatively affected by controversies with Suriname and Venezuela, its neighbors to the...

Guyana’s Ministry of Natural Resources on Wednesday issued a Request for Proposals (RFPs) inviting eligible specialists to submit bids to complete two projects. The first seeks a consultant to conduct a comprehensive Guyana Extractive Industries Transparency Initiative (GYEITI) systematic...

(S&P Global Platts) Shell has had to evacuate some 85 workers from its Shearwater gas and condensate project in the UK North Sea due to a COVID-19 outbreak, posing an "additional challenge" to the project timeline, a source close...

If British companies and institutions do not give Guyana’s rapidly expanding oil and gas industry the support and massive experience they can contribute, then others will fill that void. This is the view of former U.K. Energy Minster and...

Guyana's Ministry of Natural Resources has issued a new Invitation for Bids (IFBs) from suitable firms to market the country's oil entitlement from the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel. Bidders are asked to submit their tenders...

In keeping with the requirements stipulated by the Extractive Industries Transparency Initiative (EITI), Guyana, through the Ministry of Natural Resources is in search of the services of an independent administrator to prepare the third report of the local transparency...

Guyana’s Environmental Protection Agency (EPA) on Thursday, July 8, kicked off its first virtual public scoping meeting on the proposed US$900 million gas-to-energy project, emphasising the need for members of the public to share their concerns and recommendations, which...

Co-Director of Energy Practice at America’s Market Intelligence (AMI), Arthur Deakin believes new oil producer Guyana could pave a low carbon path for its oil and gas sector with the help of ExxonMobil’s carbon-capturing utilizing and storage technology (CCUS),...

Oilfield Service Companies TechnipFMC and Halliburton have received an OTC Spotlight on New Technology Award® (SONT) for their Odassea™ Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. U.S. oil major ExxonMobil selected the solution for its...

Production of natural gas, the main commodity in Trinidad and Tobago (T&T), has been declining ever since 2015. Future gas output is projected to stay below 2017 numbers and then decline at a higher rate after 2024. In order...