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Gas pipeline to Berbice could fuel industries Guyana does not yet have, says MNR official

A gas pipeline to Berbice could provide the fuel needed to develop industries that do not currently exist in Guyana, as the government looks to expand natural gas use beyond power generation. This is according to Bobby Gossai Jnr., Senior...

Guyana strengthening oil and gas health, safety and labor regulations to protect workers – official

Guyana is developing new health, safety and labor regulations for the oil and gas sector as the country works to strengthen protections for workers and the environment, according to Senior Petroleum Coordinator at the Ministry of Natural Resources, Bobby...

SBM Offshore credits Guyanese talent and global expertise for ONE GUYANA FPSO success

SBM Offshore is crediting Guyanese talent, backed by international expertise, for the performance of the ONE GUYANA floating production, storage and offloading (FPSO) vessel during its first year of operations offshore Guyana. In a statement issued August 17, the company...

bp secures license for Venezuela’s Loran Phase 2 gas development

bp has secured a license to develop the second phase of the Loran offshore gas field in Venezuela, gaining access to an estimated 4 trillion cubic feet (Tcf) of recoverable gas resources. The license covers Loran Phase 2 in the...

Trinidad targets Point Lisas revival through steel, gas, and maritime investment

Trinidad and Tobago is seeking to revive the Point Lisas Industrial Estate through new steel production, expanded maritime infrastructure, and additional natural gas supplies. Prime Minister Kamla Persad-Bissessar outlined the plans on August 10 during the visit of U.S. Deputy...

The 13-kilometer link giving Hammerhead gas three potential destinations

Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity of about 150,000 barrels of oil per day (b/d).  Its associated gas could first fuel Hammerhead’s own operations, with remaining volumes...

Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as 22 major deepwater projects move toward production, Business Insider Africa reported on August 6. The investment push comes as Africa’s largest...

Automation is changing offshore jobs, Guyana must prepare workers – Routledge

Guyana will need more workers with advanced technical and digital skills as automation, robotics, and artificial intelligence reshape jobs in the offshore oil and gas sector, ExxonMobil Guyana President Alistair Routledge said. Routledge said the evolution is already visible aboard...

SBM Offshore advances low-carbon technology across FPSO portfolio

SBM Offshore is advancing a portfolio of technologies and operational initiatives aimed at reducing emissions, improving energy efficiency and embedding sustainability across the lifecycle of its floating production vessels. The company said it is combining engineering expertise, operational reliability and...

Region Three’s gas development could guide future projects elsewhere – Routledge

Region Three’s success in using natural gas to support industrial development could influence similar investments elsewhere in Guyana, ExxonMobil Guyana President Alistair Routledge said. Routledge said investors will be watching the region as Guyana brings offshore natural gas onshore for...

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Guyana authorities to probe Liza Unity fire incident 

Guyana’s regulatory authorities will investigate a small fire aboard the Liza Unity floating production, storage, and offloading vessel, the...