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

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...

Gas set to play increasingly important role in new energy mix, says TT Prime Minister

As transition strategies begin to take shape around the world, it is becoming more evident that natural gas has a key role to play in helping countries and organizations achieve ambitious targets. Making this fundamental point recently was Prime...

Caribbean governments want to develop oil & gas resources as fast as possible

Despite criticism by some groups in Guyana that the country is moving too quickly with the development of its vast hydrocarbon resources, the government there as well as authorities in other Caribbean territories have recognised that the window to...

Norway vows to continue oil & gas production, even in green energy push

(Reuters) Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the outgoing centre-right government said as it presented its long-term energy strategy on Friday. Europe's...

Guyana looking to implement procurement, local content audits for oil and gas operations

To ensure all stakeholders are holding up their end of the bargain to make maximum use of local goods, skills and services in their operations, the President of Guyana, Dr. Mohamed Irfaan Ali, says government will be moving to...

Eureka Atlantic Offshore Medical Services is now top provider of COVID-19 testing in oil industry

Since its establishment in 2017, Eureka Atlantic Offshore Medical Services (EAOMS) is proving on a daily basis, that partnerships between local and foreign companies can be highly successful in penetrating the supply chain for Guyana’s oil industry. It has...

Areas being identified for shore base, major investment facilities at Region 3

The Irfaan Ali-led government in Guyana is forging ahead with its national development agenda, part of which will see Region Three (Essequibo Islands-West Demerara) being transformed into a hub for oil and gas support services for the country’s burgeoning...

Exxon says team on track to reinstall FPSO gas compressor this month

The newly repaired and upgraded components of the flash gas compression system for the Liza Destiny FPSO have arrived offshore Guyana and are being reinstalled. ExxonMobil Guyana's Public and Government Affairs Advisor, Janelle Persaud, said Friday these include a newly...

Suriname oil summit opens with focus on major offshore potential

Suriname Energy Oil & Gas Summit 2021 virtual edition got underway on Tuesday with the South American country’s massive deepwater potential taking centre-stage in a series of presentations and discussions. The keynote address was delivered by President Chandrikapersad Santokhi, who...

Mid-Atlantic Oil & Gas plugs GY$10 million into Guyana flood relief efforts

Heavy rainfall continues to affect regions across Guyana with severe flooding in several communities. Relief efforts have been ongoing in the areas affected and this is expected to continue in the coming days. Mid Atlantic Oil & Gas Inc. donated...

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MODEC’s next Guyana FPSO: Essequibo 1899

The Essequibo 1899 floating production, storage and offloading (FPSO) vessel will serve ExxonMobil’s seventh sanctioned development in the Stabroek...