Future deepwater oil fields will enjoy twice the average estimated ultimate recovery (EUR) of fields already onstream and Guyana and Brazil are at the top of the list, according to consultancy group, Wood Mackenzie.
In a new report, WoodMac said...
As public scoping meetings continue in Guyana ahead of the Environmental Impact Assessment (EIA) for the US$900 million gas-to-energy project, some concerns have been raised about the move by the Environmental Protection Agency (EPA) to withdraw its 2020 EIA...
ExxonMobil has endorsed an MoU to join the recently announced Acorn carbon capture and storage project in Scotland.
The project has the potential to provide more than half of the 10 million tons per year of CO2 storage the UK government...
SBM Offshore has reached a new milestone in its digital transformation program: ABS has issued New Technology Qualification (NTQ) to SBM Offshore’s artificial intelligence powered Intelligent Agent Mooring Line Integrity Tool, allowing the technology to be integrated into offshore...
Until Guyana can bring on stream renewable energy projects like solar, hydro and wind, a key official in the region says it would be wise for the country to utilize its natural gas resources to support current needs.
During his...
Tullow Oil said on Wednesday prospect maturation continues across its exploration portfolio in Guyana. The company is looking to unlock value from substantial prospective resources offshore the South American country.
In a trading statement and operational update, Tullow said it completed...
The latest of edition of Energy - Guyana’s premier publication focusing on developments in the oil and gas industry was published this week with major focus on upcoming landmark projects and updates on the offshore developments that is transforming...
(Reuters) - Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an OPEC+ source said on Wednesday, in a move that should unlock a deal to supply more crude to a tight oil market...
Even though there is great interest from India to have a long-term agreement for the purchase of Guyana’s Liza crude, the South American country’s government is not in favour of this approach says Natural Resources Minister, Vickram Bharrat. During...
Joe Kang, President of the International Gas Union (IGU), whose members represent more than 95% of the global gas market, says gas supply is a catalyst for the energy transition. In a conversation with Daniel Yergin, Vice Chairman at...
