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TVET Chairman reports major progress from collaboration with ExxonMobil

OilNOW -
As the Council for Technical and Vocational Education and Training (C-TVET) continues the pursuit of improved skills training and development, ExxonMobil Guyana has been playing a leading role in supporting its goals which head of the proramme, Clinton Williams,...
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CGX looking to spud Kawa-1 well later this year, forging ahead with deep water port

OilNOW -
CGX Resources Inc. (CRI), operator of the Corentyne and Demerara blocks offshore Guyana, said on Tuesday it continues to pursue its exploration program in the South American country and will look to spud the Kawa-1 exploration well on the...
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Guyana exported its first oil cargo for 2021 last week: over US$206M now in account

OilNOW -
Government may reopen bids for marketing company The Guyana government lifted its first oil cargo for 2021 last week, bringing the total number of shipments made by the country to five, which represents its share of crude from the...
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Guyana President will host local content consultation next Monday

OilNOW -
With the release of the draft local content policy expected this week, Guyanese would be able to peruse the document and share their views for the final policy during a consultation process that would be led by President, Dr....
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Capacity being built to monitor and verify reports on Exxon’s costs, emissions – Vice President

OilNOW -
Guyana's Vice President, Dr. Bharrat Jagdeo reiterated yesterday that the government has every intention of ensuring the oil sector is not only led by locals but properly monitored as he noted that capacity building is underway to achieve same....
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Gas-to-shore project a “no brainer”; will bring electricity costs down from 30 to 6 cents per kWh – Jagdeo

OilNOW -
Once the proposed gas-to-shore project comes on stream, Guyana's electricity costs could be reduced from 30 US cents to six, or even three US cents per kilowatt hour (kWh). This revelation was made on Tuesday by Guyana’s Vice President,...
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ExxonMobil, Stabroek co-venturers launch US$100 million initiative in Guyana

OilNOW -
ExxonMobil, Hess and CNOOC Limited, co-venturers in offshore oil development in the Stabroek Block, on Tuesday announced the formation of the Greater Guyana Initiative, a 10-year commitment of more than GY$20 billion (US$100 million) to significantly expand capacity building...
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Guyana Shore Base local workforce at 95%, large tenders to go out soon

OilNOW -
Guyanese now comprise 95 percent of the staff at the Guyana Shore Base Inc. (GYSBI) and companies from the South American country now make up 80 percent of the operation’s supplier base. The company, which operates from Houston, East Bank...
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Liza Destiny total liquids capacity is over 150,000 bpd

OilNOW -
The total liquids capacity of the Liza Destiny floating production storage and offloading (FPSO) vessel exceeds 150,000 barrels per day (bpd) with gas capacity of 190 standard cubic feet per day, company officials told reporters on Monday. In explaining the...
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Exxon set to announce major capacity building programme in Guyana

OilNOW -
ExxonMobil will today announce the roll out of a major capacity building initiative in Guyana that is expected to impact economic development in the new oil producing South American country. “Join us as we announce the Greater Guyana Initiative, a...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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