News

Guyana’s downstream natural gas to be governed by new Oil and Gas Operations Bill – Legal Affairs Minister 

Downstream natural gas activities in Guyana will be regulated under a new Oil and Gas Operations Bill, Minister of Legal Affairs Anil Nandlall announced on day three of the Guyana Energy Conference and Supply Chain Expo. Nandlall was at the...

NGL facility,  228 MW from Guyana’s Gas-to-Energy plant this year – Brassington

Winston Brassington, head of Guyana’s Gas-to-Energy Taskforce, said the Natural Gas Liquids (NGL) facility at Wales will be ready before year's end, while only part of the 300 megawatt (MW) power plant will deliver electricity this year. He provided the...

UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings and regional connections supporting project cargo flows. Speaking with OilNOW at the company’s booth during day two...

ExxonMobil local content payments hit US$3.6B overall; US$700M in 2025 alone – Routledge 

ExxonMobil Guyana has spent more than US$3.6 billion (approx. GY$750.6 billion) with local suppliers to date, with a record US$700 million (approx. GY$145.95 billion) paid in 2025 alone, President Alistair Routledge announced on day 2 of the Guyana Energy...

Suriname advancing dual-track gas strategy in Block 52 – Staatsolie Managing Director announces 

Suriname is advancing a dual-track gas strategy in Block 52 as it moves toward offshore production, according to Annand Jagesar, Managing Director at the state oil company Staatsolie. In his address on day two (February 18) of the Guyana Energy...

Hammerhead FPSO hull exits dry dock in China – Routledge

Alistair Routledge, President of ExxonMobil Guyana, said the Hammerhead floating production, storage and offloading (FPSO) vessel hull has completed its first dry dock in China. He provided the update during his presentation at the Guyana Energy Conference and Supply Chain...

‘We have an excellent partnership with ExxonMobil – Guyana Energy Minister 

Vickram Bharrat, Minister of Natural Resources, used his platform at the Fifth Edition of the flagship Energy Conference and Supply Chain Expo to stress what he described as a strong, steady relationship with ExxonMobil.  He spoke on Wednesday, February 18,...

Exxon could file for second Guyana gas project within weeks, with full value chain as key – Routledge

Alistair Routledge said ExxonMobil Guyana anticipates submitting environmental and project authorization requests for its second gas development within months, as the company advances plans to build out a full gas value chain. The ExxonMobil Guyana President made the disclosure on...

Moonilal expresses regret over past energy gaps, positions Trinidad as industrial partner for Guyana and Suriname

Trinidad and Tobago’s Energy Minister Roodal Moonilal used his day-two address at the Guyana Energy Conference and Supply Chain Expo in Georgetown to acknowledge, as he said, missed opportunities to align Trinidad and Tobago’s energy agenda with Guyana and...

Guyana’s natural gas projects offer major upside, but financing hinges on early commercial clarity — Director, EY Energy Markets Group

Guyana’s natural gas is emerging as a long-term growth engine, but financing for major projects will depend on early commercial decisions and strong contractual clarity, Josh Loftus, Director at EY Energy Markets Group, said on February 17. Loftus made the...

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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...