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Gas-to-Energy project to create over 700 jobs

OilNOW -
The gas-to-energy project, a partnership between the Guyana government and ExxonMobil Guyana, is estimated to create about 775 jobs. About 700 of these aggregate to the construction phase, while the remaining 75 are for the other aspects of the...
News

Guyana and Ghana Presidents discuss oil & gas, other issues

OilNOW -
President of Guyana, Dr. Mohamed Irfaan Ali recently held talks via telephone with the President of Ghana, Nana Addo Dankwa Akufo-Addo which saw both committing to advancing and deepening the agenda for cooperation between the two countries, including in...
News

Exxon seeking EPA approval for establishment of gas-to-energy facilities

OilNOW -
Guyana’s Environmental Protection Agency (EPA) has directed ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) to conduct an Environmental Impact Assessment (EIA) in order to get authorization for the imminent gas-to-energy project. The public now has 28 days...
News

Guyana capacity to support offshore operations growing – ExxonMobil

OilNOW -
The giant Liza discovery in 2015 was Guyana’s first step into the world of oil and gas. With very limited industrial activity and virtually no experience in the petroleum industry, capacity in some areas had to be built from...
News

Guyana can become key player on global oil market with increased production – API’s Chief Economist

OilNOW -
With Guyana expected to produce more than 800,000 barrels of oil per day by 2025, experts say that the country can become a key producer in creating global oil market balance as the demand grows and supply shrinks. Chief Economist...
News

Another S/American country looking to increase oil & gas investments, speed up production

OilNOW -
Countries across the Latin America and Caribbean region have been increasingly pursuing measures that would enhance the competitiveness of their oil and gas sector and speed up production. Brazil, Trinidad and Tobago, Suriname and new oil producer Guyana are...
News

World’s first Fast4Ward FPSO will soon set sail from Singapore for 80-day journey to Guyana

OilNOW -
The Liza Unity FPSO, the first oil production vessel to be built by SBM Offshore using its pioneering Fast4Ward® program, will soon depart the Keppel Shipyard in Singapore for Guyana where it will be spread moored at the ExxonMobil-operated...
News

Watch Dedication Ceremony for second Guyana-bound FPSO

OilNOW -
A Dedication Ceremony was held on Saturday, June 12, 2021, for the giant Liza Unity FPSO that will be developing around 600 million barrels of oil offshore Guyana as part of the Liza Phase 2 Development. https://www.youtube.com/watch?v=CZVUSNdOfKk  
News

First Lady Arya Ali is ‘Godmother’ of Guyana’s 2nd oil production vessel

OilNOW -
First Lady of Guyana, Arya Ali, officially dedicated the Liza Unity Floating Production Storage and Offloading (FPSO) vessel at a ceremony held at the Cara Lodge Hotel on Saturday, June 12, in the country’s capital, Georgetown. The vessel is...
Exploration

“We didn’t realise the significant potential of Stabroek Block” – says Shell VP exploration

OilNOW -
Oil and gas exploration is risky business. Prior to the 2015 Liza discovery, all available data pointed to a high probability of not finding any commercial hydrocarbons offshore Guyana. The level of uncertainty was so high that U.S. oil...
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ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon...

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