News

BP and Reliance start production at Asia’s deepest gas project

India got a new supply of cleaner-burning gas on Friday after production started from R Cluster ̶ an ultra-deepwater gas project in block KG D6 off the east coast of the country, bp said in a press update. Chairman and Managing...

ICJ rules that it has jurisdiction to hear Guyana/Venezuela border controversy case

The International Court of Justice on Friday ruled that it has jurisdiction to hear the case involving the Guyana/Venezuela border controversy issue. President of Guyana, Dr. Irfaan Ali, members of his Cabinet, former Speaker of the National Assembly Barton Scotland,...

Guyana’s first oil & gas publication launched with focus on development of local enterprise

Energy, the first publication in Guyana covering the rapidly developing Oil and Gas sector, has been released by Energy Guyana Magazine Inc. a 100% Guyanese owned company. The magazine, which will be available digitally and in print, focuses primarily on...

Guyana and Suriname among countries expected to dominate 2021 licensing rounds

The award of oil and gas acreage in 2021 is expected to be dominated by countries like Guyana and Suriname which, like just a handful of some other territories, have captured high interest in the industry over the last...

Guard against ‘hostile neighbours’ looking to capitalize on disunity – Guyana advisor on borders urges

Advisor on Borders to the Government of Guyana, Carl Greenidge is calling for unity among the nation’s major political parties as the International Court of Justice (ICJ) is set to rule today on its jurisdiction to hear the border...

Touchstone enters major agreement with Trinidad national gas company, provides operational update

The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, a subsidiary of Canadian energy exploration company Touchstone Exploration on Friday December 18, 2020. Primera, acting on...

Guyana business groups call for greater transparency in procurement opportunities

The Private Sector Commission and Guyana Manufacturing and Services Association said on Thursday they look forward to local businesses being given opportunities to participate in the oil and gas value chain considering that the sector is poised for significant...

Regus opens Guyana Centre as economy poised for major take off

Regus, the global leader in serviced offices has opened its first Centre in Guyana. The new Centre is located in the New Trafalgar Building at 165 Waterloo Street, North Cummingburg, Georgetown. The company said Thursday it has built an unparalleled...

Guyana and Suriname could help oil companies transition towards cleaner energy

By Arthur Deakin Royal Dutch Shell, the third-largest oil company in the world, saw several clean energy executives quit after disagreeing about the speed of the company's energy transition. The Financial Times reported that the departing executives wanted to see...

ExxonMobil’s South America bonanza grows

(Forbes) After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil announced on Friday that it has struck South American oil and gas once again,...

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ExxonMobil drilling Hamlet-1 well in gas-rich southeastern Stabroek Block

ExxonMobil has started drilling the Hamlet-1 exploration well in the southeastern section of Guyana’s Stabroek Block. This area near...