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Guyana First Lady says new oil production vessel creates link to brighter future

OilNOW -
Singapore, February 1, 2023: First Lady of Guyana, Arya Ali, says the name of the Prosperity floating production, storage and offloading (FPSO) vessel represents what is in store for the people of the new oil producing South American country....
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PROSPERITY UPDATES: Naming ceremony for Guyana’s third FPSO set for Wednesday

OilNOW -
The naming ceremony for Guyana’s third floating, floating, production, storage and offloading (FPSO) vessel – the Prosperity – is set for Wednesday Feb. 1 at the Keppel Shipyard in Singapore. First Lady of Guyana, Arya Ali, attended a reception hosted...
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PROSPERITY UPDATES: Guyana FPSO built with record sustainable design

OilNOW -
The Payara project, scheduled for startup in 2023, will utilise a floating production, storage and offloading (FPSO) vessel with a record sustainable design. ExxonMobil had said that its new Guyana FPSOs would be modeled off the sustainable design of the...
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Guyana, Bakken to eat up 80% of Hess US$3.7 billion 2023 budget

Shikema Dey -
Hess’ Guyana and Bakken projects will take the majority share of its US$3.7 billion 2023 exploration and production, capital and exploratory budget. “More than 80% of our 2023 budget is allocated to Guyana, which is positioned to be one of...
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FPSO for bp-operated Greater Tortue Ahmeyim project sets sail

OilNOW -
The floating production, storage and offloading (FPSO) vessel for the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has started its journey towards the project site off the coasts of Mauritania and Senegal. On Monday, bp said the...
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Suriname relaxes taxes under Petroleum Act; could this fast-forward FID this year?

Shikema Dey -
The industry has been asking for months when a Final Investment Decision (FID) for Suriname’s Block 58 would be made, but there has been no clear indication. There has however been speculation and opinions as to why there has...
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Guyana could export gas from the upcoming Uaru project, but there’s a catch

OilNOW -
Guyana’s largest planned oil development operation to date, the Uaru project, could export gas in addition to oil, if the partners decide to go that route. The new floating production, storage, and offloading (FPSO) vessel to be used for...
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Guyana Oil & Gas: What to look forward to in 2023

Kemol King -
Every new year in the development of Guyana’s oil and gas sector has arguably been bigger than the one before it. With new project start-ups, increasing oil production, and more revenues to the country, 2023 is tipped to continue...
News

Milestone approvals in 2022 could catapult Guyana to energy, business hotspot

Kemol King -
The Guyana government approved two projects in 2022, that represent major milestones in the small South American nation’s mission to become a developed nation – Yellowtail and Gas-to-Energy. Both projects feature the involvement of oil major ExxonMobil and its...
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Saipem seeking local welders for Guyana operations

OilNOW -
Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...
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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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