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CGX Energy, Frontera in joint venture to explore ‘most exciting offshore basin in the world’

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CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced Tuesday that they have entered into a letter agreement to enable CGX to finance the drilling costs related to two shallow water offshore blocks in Guyana, currently 100% owned...
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Guyanese businesses link up with Liza Phase 1 Prime Contractors at supplier forum

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ExxonMobil Guyana and the Centre for Local Business Development opened its Liza Phase One Supplier Development Forum on Monday at the Guyana Marriott Hotel in the country’s capital, Georgetown. Country Manager of ExxonMobil Guyana, Rod Henson, explained that, “We host...
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ExxonMobil’s 10th discovery should not be seen as “just another announcement” – Dr. Bynoe

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ExxonMobil’s 10th offshore discovery should not be seen as “just another announcement,” according to Director of the Government’s Energy Department in Guyana, Dr. Mark Bynoe. The US oil giant on Monday announced its latest discovery at the Pluma-1 well –bringing...
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ExxonMobil makes 10th discovery offshore Guyana

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US oil major ExxonMobil has made yet another discovery off the Guyana coast at the Pluma well making it a record 10 finds so far since the world class Liza discovery announced in May 2015. Director of Guyana’s Department of...
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‘The rush to Guyana will be unprecedented’ – Hughes tells TOTALTEC graduates

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Partner in Guyanese law firm Hughes, Fields and Stoby, Nigel Hughes on Thursday called the third batch of TOTALTEC oilfield operator graduates “pioneers” of Guyana’s nascent oil and gas industry and said that they will be a part of...
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Telecoms must meet needs of expanding O&G industry – Cathy Hughes

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Guyana’s Minister of Public Telecommunications, Cathy Hughes, says her ministry is putting much thought into the role it must play in the emerging oil and gas sector. Speaking on the “Budget in Focus” programme on the South American country’s National...
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Canada joins oil cut drive as Alberta seeks to ease glut crisis

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(Bloomberg) Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash. The plan announced Sunday will reduce production of raw...
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SRSGY, TOTALTEC team up to push O&G capacity building for Guyanese

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TOTALTEC Academy commenced its first Slinger/Banksman Safety and Operational training to the oil and gas industry in Guyana. The academy commenced the training with 23 Strategic Recruitment Solutions Inc. maritime personnel. The International Petroleum and Maritime Academy (IPMA), with whom...
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Tullow farms into Comoros

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Tullow Oil plc which has a 60% working interest in the Orinduik block offshore Guyana, announced on Thursday that it has agreed with Discover Exploration Ltd to farm into Blocks 35, 36 and 37, offshore the Union of the...
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Scotiabank Exit: with coming oil bonanza ‘no reasonable int’l business would want to stay out’ – Jordan

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Guyana's Finance Minister, Winston Jordan says at a time when the South American country is set to benefit immensely from oil production revenue and the associated business opportunities the industry brings, 'no reasonable int'l business would want to stay...
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Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its...

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