News

The gas-to-energy project, a partnership between the Guyana government and ExxonMobil Guyana, is estimated to create about 775 jobs. About 700 of these aggregate to the construction phase, while the remaining 75 are for the other aspects of the...

President of Guyana, Dr. Mohamed Irfaan Ali recently held talks via telephone with the President of Ghana, Nana Addo Dankwa Akufo-Addo which saw both committing to advancing and deepening the agenda for cooperation between the two countries, including in...

ExxonMobil is aiming to submit the Field Development Plan (FDP) for its giant Yellowtail Development to authorities in Guyana by October of this year and will make a final investment decision on the 250,000 barrels per day project by...

Guyana’s Foreign Affairs Minister Mr. Hugh Todd and the former United States Secretary of State, Mr. Michael Pompeo had in September 2020 signed a Memorandum of Understanding (MoU) to establish a Working Group on energy and investment between the...

Hess Corporation expects the global oil and gas industry to be around for as long as two decades. So said its Chief Executive Officer (CEO), John Hess during JP Morgan’s virtual Energy and Renewables Conference last week. This is based...

ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) recently submitted to the Environmental Protection Agency (EPA), the project summary for the gas-to-energy project which government has said could cost around US$900 million in total. The document notes that the...

Guyana’s Environmental Protection Agency (EPA) has directed ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) to conduct an Environmental Impact Assessment (EIA) in order to get authorization for the imminent gas-to-energy project. The public now has 28 days...

The University of Guyana, on Thursday, 17 June 2021, signed a Memorandum of Understanding (MOU) with the Caribbean Oceanography Aquaculture and Subsea Technology (COAST) Foundation to collaborate on the establishment of a Subsea Centre of Excellence training facility. This...

SBM Offshore, a leading Dutch company specialising in the construction of floating production and mooring vessels or systems, on Friday announced that it has completed the project financing for the Prosperity floating production, storage and offloading (FPSO) vessel which...

TotalEnergies and its partner Qatar Petroleum have been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies shall operate these blocks, situated in shallow water with depths between 30 meters and 50 meters, and...