Regional

Energy diplomacy in Guyana and Caricom

By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...

US waiver to tap Venezuela gas field “a breath of fresh air” for Trini services sector – Ramps CEO

RAMPS Logistics’ Chief Executive Officer, Shaun Rampersad, said “a breath of fresh air” has been breathed into the Trinidad and Tobago services sector, now that the United States has granted a waiver of its sanctions regime to allow development...

Guyana and Suriname forge closer private sector ties

Guyana’s Private Sector Commission is establishing closer ties with its Surinamese counterpart for enhanced collaboration as both countries pursue oil and gas development.  The Guyana-Suriname Private Sector Business Council headed by Guyanese Paul Cheong was created in 2022 and on...

Petrobras adding more FPSOs despite rising costs

Petrobras has been saddled with increased costs for floating production, storage, and offloading (FPSO) vessels, triggered by supply chain disruptions. Yet, the Brazil-state-owned company, in pursuing an aggressive production ramp-up, has four new vessels for start-up this year; a total...

Rystad Energy says TT conference did not use finalised map

Norway based Rystad Energy said on Wednesday that a map used this week by the Trinidad and Tobago Energy Conference showing a portion of Guyana’s Stabroek Block in Venezuela’s waters was part of an ‘unfinished draft presentation’, and not...

TT Chamber apologises for map of Stabroek Block overlapping into Venezuela

The Trinidad and Tobago Energy Chamber has issued an apology after a map displayed during its Energy Conference this week showed a portion of Guyana’s Stabroek Block extending over the Guyana/Venezuela border. The Chamber said the “erroneous” map was developed...

“Guyana is Jamaica’s economic hinterland” – Investment Minister, as delegation in country to explore opportunities

The best of Jamaican businesses are currently scouting investment opportunities in Guyana, a country their Minister of Industry, Investment and Commerce, Aubyn Hill described as Jamaica's “natural economic hinterland.” Hill is leading the delegation of over 45 private sector companies,...

T&T’s Energy Chamber mulls piping gas from Venezuela as production dwindles

Trinidad and Tobago’s Energy Chamber believes the State is well positioned to replenish its dwindling gas reserves by using a pipeline to channel resources from Venezuela. The Chamber recalled that it had submitted a six point plan to Trinidadian authorities...

Anita Garibaldi vessel arrives in Brazil for Campos Basin operations

Japan’s MODEC Inc. announced on Monday that the Anita Garibaldi MV33 floating, production, storage and offloading (FPSO) vessel has arrived in Brazilian waters and is scheduled for commissioning before being deployed to the Campos basin. MODEC said the final commissioning...

Guyana’s President among headliners for upcoming TT Energy Conference

Guyana’s President Dr. Irfaan Ali will be among the other CARICOM heads of government to deliver feature remarks at the upcoming Trinidad and Tobago Energy Conference. T&T’s Energy Chamber – the official hosts of the signature event made the announcement. The...

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Guyana charters 36 MW powership to meet increased power demand for next two years – GPL

State electricity company, Guyana Power and Light (GPL) has entered into a two-year contract with Urbacon Concessions Investments, W.L.L...