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Guyana looking to learn from experiences of Newfoundland and Labrador as MoU on O&G cooperation is inked

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The Government of Guyana and the Canadian Province of Newfoundland and Labrador signed a Memorandum of Understanding (MOU) on Monday at the Ministry of the Presidency, in the South American country’s capital, Georgetown. The MOU is intended to foster greater...
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Who knew? These countries are all oil producers

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(New York Times) Some oil-producing countries are well known: The three top crude suppliers, of course, are Russia, Saudi Arabia and the United States. But almost 100 countries have tapped the oil reserves within their territories to produce a...
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50-member strong Canadian mission due in Guyana, MoU on O&G to be signed

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The High Commission of Canada and the Province of Newfoundland and Labrador are collaborating with the Government of Guyana through GO-Invest to bring a Canadian oil and gas trade mission of approximately 50 persons from the province’s offshore oil...
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“We do not want to send mix signals to contractors, operators” – EPA boss

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Guyana’s Environmental Protection Agency (EPA) and the Department of Energy must work closely to support the Government’s policy for the oil and gas sector. This is the view of the newly appointed Director of the EPA, Dr. Vincent Adams,...
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Guyana poised to be world’s largest oil producing country per person in 2020s

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Ahead of Kuwait, Saudi Arabia, Brunei and Norway, the South American nation of Guyana, with a projected output of 700,000 barrels per day among just 770,000 people, is set to be the world’s largest oil producing country per person...
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Exxon explores selling U.S. Gulf of Mexico assets

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(Reuters) - Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher oil prices prompt the world's largest publicly listed oil company to review its portfolio, people familiar with the matter said...
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Oil company suing government over decision to stop issuing new exploration permits

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(RNZ) A New Zealand-owned oil and gas company that missed out on an oil exploration permit is suing the government for breach of procedure. Greymouth Gas Turangi missed out on a permit in last year's offer, and now wants its...
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In South America ExxonMobil’s success makes Guyana-Suriname Basin second only to pre-salt Brazil – GlobalData

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Following the recent Hammerhead-1 discovery by ExxonMobil in the Stabroek block in Guyana, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics company, offered his view on the impact this could have on the upstream...
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Exxon’s 2017 Guyana oil discoveries place country among top 3 globally for that year

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Although 2017 was yet another record low year for discovered conventional oil volumes globally, Guyana was among the top three countries where recoverable resources were found. “We haven’t seen anything like this since the 1940s,” says Sonia Mladá Passos, Senior...
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Reducing revenue leakage among Energy Dept top priorities

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Among the top priorities for recently appointed Head of the Government’s Energy Department, Dr. Mark Bynoe is “reducing revenue leakage” or the unnoticed or unintended loss of revenue. Dr. Bynoe was appointed to lead the department which was set up...
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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...

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