News

One year later Guyana now firmly established as an oil producer

Exactly 12 months have gone by since Guyana produced its first barrel of oil at the offshore Stabroek block where US oil major ExxonMobil is operator. This milestone came just under five years from the world-class Liza discovery in...

Farm-ins are routine in the oil and gas industry, ‘first movers’ take risks – expert says

‘First movers’ and their small independent partners/companies take risks in acquiring exploration licenses for offshore blocks, as there is no guarantee that they will find a large partner to farm into these blocks. This is according to President of...

ExxonMobil building strong partnerships, sees Guyana capacity growing – Routledge

Building strong partnerships with key stakeholders in Guyana and supporting the development of local business have been areas of special interest for ExxonMobil in its operations in the South American country. This is according to President of ExxonMobil Guyana, Alistair...

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...

Latest News

Ali’s OTC keynote role “tells you everything” about Guyana’s global energy standing – U.S. Ambassador

Guyana’s President Irfaan Ali is set to deliver the keynote address at the Offshore Technology Conference (OTC), a role...