As Guyana continues to come to terms with its new economic prospects, two young Guyanese professionals will be part of a virtual oil and gas panel discussion hosted by The Caribbean Council on Tuesday September 8, 2020, entitled ‘What...
ExxonMobil’s 3rd proposed development at the Stabroek Block offshore Guyana is targeting 180,000 to 220,000 barrels of oil per day, pending government approvals.
During the early stage of production operations, the project is anticipated to produce an average of approximately...
No technical barriers exist for piping natural gas from the Stabroek Block to shore for power generation and other applications in Guyana and with Gross Domestic Product (GDP) expected to triple in coming years, making this project a reality...
The Government of Guyana – South America’s newest oil and gas hotspot – has reiterated its commitment to transparency and accountability in the natural resources sector and its continued partnership and cooperation with institutions such as the Extractive Industries...
(S&P Global) The US government on Sept. 3 sanctioned 11 entities based in Iran, the UAE and China for continuing to facilitate sales of Iranian petrochemical and oil products.
The move is the latest in the Trump administration's efforts to...
Guyana is seeing increased marine traffic with the establishment of its oil and gas sector. At current capacity, the country’s President, Dr. Irfaan Ali, says it does not have the facilities to meet the projected increase in marine traffic...
Entering into resource backed loan arrangements could devastate the economies of developing resource rich countries. However, it has been recognized that mechanisms such as the Extractive Industries Transparency Initiative (EITI) can play a role in equipping citizens to be...
RAMPS Logistics is expanding its services in Guyana as exploration and production activities offshore the South American country continue to expand. The company plans to increase the number of vessels operating in the country which the head of its...
Italian multinational oilfield services company Saipem is in the process of executing pipelaying work with the Crane Ship Saipem FDS 2, for phase 2 of ExxonMobil’s Liza Development offshore the South American country of Guyana.
The Saipem FDS 2 is...
(Bloomberg) --Liberty Oilfield Services Inc., which will become North America’s second-biggest fracing provider with the acquisition of a Schlumberger unit, expects to one day topple Halliburton Co. from the No. 1 spot.
“Customer demand has told us to grow at...
