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US$50 flaring fee, financial assurance in new Liza-1 permit

OilNOW -
Guyana’s environmental regulator, the Environmental Protection Agency (EPA) has issued the renewed permit for ExxonMobil’s Liza Phase 1 project with further measures to ensure the country’s environment is safeguarded. The Liza Phase 1 permit has been renewed for a five-year...
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EPA renews ExxonMobil’s Liza-1 permit

OilNOW -
The Environmental Protection Agency (EPA) has renewed ExxonMobil's environmental permit for the Liza Phase One project. It announced the official renewal on Tuesday evening. See below for the full statement: The Environmental Protection Agency (EPA) has renewed the Environmental Permit for...
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Guyana receives GY$1.7B in payments for flaring from ExxonMobil

OilNOW -
To date, ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has flared 17.7B cubic feet of gas via the Liza Destiny floating production, storage and offloading (FPSO) vessel with 1.5B cubic feet flared thus far for 2022. As regards...
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Exxon to submit study on produced water for US$10B Yellowtail Project

OilNOW -
According to the provisions of the Petroleum Production Licence (PPL) for the US$10 billion Yellowtail Project, ExxonMobil Guyana is required to conduct an in-depth study on the feasibility of re-injecting produced water. It is expected to do this while ensuring that the base design for...
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Uaru project to have spare parts on hand, flare plan in place to prevent Liza-1 issues

OilNOW -
ExxonMobil Guyana is looking to put all systems in place to ensure optimal performance for its fifth development. Ahead of environmental authorisation from authorities, the oil giant is taking steps to ensure that issues with flaring do not occur there. Exxon’s...
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Consultations underway on environmental study for Exxon’s fifth Guyana development

OilNOW -
The Environmental Protection Agency (EPA) has instructed ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) to submit an Environmental Impact Assessment (EIA) for its next mammoth-sized oil project at the Stabroek block’s Uaru field. The regulatory body noted that...
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Guyana could earn over US$130 billion in the next 20 years, says Rystad Energy

OilNOW -
As commercial discoveries continue to increase offshore Guyana, more projects will come online, generating an unprecedented inflow of revenue to the new oil producing South American country, which Norway-based Rystad Energy said could top US$130 billion. “If all discoveries were...
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Exxon to conduct gas utilization study as Guyana preps for domestic use, mulls exports

OilNOW -
The Government of Guyana has initiated steps to ascertain how much gas is available for export from the ExxonMobil-operated Stabroek Block where over 30 discoveries have been made amounting to nearly 11 billion barrels of oil equivalent, inclusive of...
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Brazil, Guyana Presidents say time for new phase of feasibility studies on regional energy corridor

Kemol King -
The Presidents of two star oil producers in South America - Brazil and Guyana - met in Georgetown on Friday to discuss how they may strengthen relations. Energy, being a going concern for both countries, was high on the...
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TechnipFMC bags new contract for Exxon’s US$10B Yellowtail project

OilNOW -
French American conglomerate, TechnipFMC has been awarded a fresh contract by ExxonMobil Guyana for its fourth development in the Stabroek Block – Yellowtail. The contract, worth between US$75 million and US$250 million, according to TechnipFMC, covers the supply of six flexible risers qualified to withstand...
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SBM sponsors international trips, science equipment for winners of Guyana mousetrap competition

SBM Offshore Guyana’s 2025 Guyana-Monaco Mousetrap Car Grand Prix Competition wrapped up with an impressive display of creativity, problem-solving...

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