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Guyana growth trajectory set to add big barrels to global supply

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The International Energy Agency (IEA) has joined the US Energy Information Administration in lowering its estimates for oil supply recovery following the global pandemic that has destroyed demand and brought oil prices to their lowest in decades, last year. The...
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ExxonMobil continues STEM education drive, supports programme for children with disabilities

OilNOW -
ExxonMobil Guyana continues to support the development of Science, Technology, Engineering and Mathematics (STEM) education in Guyana, as well as students’ access to learning, in these challenging times. The company recently supported a STEM Robotics training for children with...
Exploration

Guyana pushing big volumes in South America deepwater bonanza

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South America continues to be a major player in the global arena for deepwater discoveries, with Guyana pushing big volumes and massive potential finds remaining. According to Norway based Rystad Energy, the South America/Caribbean region was the clear winner...
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Capacity development funding by oil companies not a cost to Guyana but an investment in the people – Gov’t

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Having recognised that Guyana is now building the human resource capacity to service the oil and gas industry; the government has laid out the expectation that oil and gas companies will place capacity building of Guyanese on the front...
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University of Guyana increasing petroleum programmes, VC notes strong interest

OilNOW -
The oil and gas industry in Guyana is rapidly expanding, and the country continues to place keen focus on local content; however, the lack of skilled personnel to meet the needs of the sector has been a challenge. The...
Exploration

Oil majors incurred record loss in 2020, output fell by almost 1 million bpd

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The downturn brought by the coronavirus pandemic and the accelerating energy transition has created a new reality for the world’s oil and gas industry, whose production will peak lower and earlier than expected before the 2020 market crisis, a...
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Call by former EPA head to shut down Exxon’s operations ‘extreme and unwarranted’ – GOGEC

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The Guyana Oil and Gas Energy Chamber (GOGEC) said on Thursday that the call by former head of the Environmental Protection Agency, Dr. Vincent Adams, for ExxonMobil’s operations to be shut down in the South American country is extreme...
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Exxon says it is in full compliance with Liza Phase 1 environmental permit

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ExxonMobil Guyana said on Wednesday it remains in full compliance with the environmental permit that was issued by the Environmental Protection Agency for oil production operations at the Liza Phase 1 Development offshore the South American country. On Wednesday, former...
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No linkage between compressor issue, production optimization – ExxonMobil

OilNOW -
German engineering company MAN Energy Solutions says there is no linkage between technical issues encountered with the flash gas compressor on the Liza Destiny FPSO, and production optimization activities that were ongoing at the time the challenges were encountered. ExxonMobil...
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Drill campaign planned at Makarapan-1 exploration well offshore Guyana

OilNOW -
After successfully completing negotiations with the government regarding the rescheduling of its work commitments, CGX Energy Inc and its joint-venture partner Frontera Energy Corporation have announced that they are advancing preparatory work to drill the Makarapan-1 exploration well on...
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Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The...

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