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Expert urges development of gas master plan, expects resources to continue growing

The Liza-1 well offshore Guyana could supply the country with approximately 50 million standard cubic feet of natural gas per day and one expert says future exploration campaigns by ExxonMobil at the prolific Stabroek Block could see much more...

Supermajor Shell and others drilled multiple wells offshore Guyana and came up dry, then Exxon hit the jackpot

Bordered by oil producing giants such as Venezuela and Brazil, the evidence of possible hydrocarbon accumulations in Guyana dates back to the 1700s, when oil traces were reported. However, the quest for unlocking the subsurface riches began in earnest...

Letter-to-the-Editor: Further discussion needed on size of gas pipeline, use of growing resources

Dear Editor, I read with great interest the article entitled “Gas-to-power seen as a game changer for Guyana’s energy sector” as found in the impressive second edition of the local publication ENERGY. On the surface it appears to be an...

‘Energy Guyana’ rolls out 2nd edition with focus on gas-to-power, increased local participation in industry

The 2nd edition of the new publication – Energy Guyana – was released this week with special focus on the country’s plans to pipe gas to shore from the Liza field, government’s push towards renewable energy and the increasing...

Gas-to-power infrastructure must be protected as a matter of national security – Ramnarine

When Guyana's Petroleum Commission comes on stream, one of its key regulatory functions should be protecting the infrastructure for the gas-to-power project as a matter of national security. This is according to former Energy Minister for Trinidad and Tobago,...

Guyana can join countries like Norway in producing high-protein biomass from gas resources

While much of the attention has been on the benefits of low electricity rates with the gas-to-power project that is set to come on stream by 2024, an expert in the oil and gas industry says there are can...

Liza Destiny FPSO gas compressor start-up targeted for this week

ExxonMobil Guyana said on Tuesday teams of experts are making final preparations for start-up of the flash gas compressor this week on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel, in order to restore the flare to...

Robots could replace hundreds of thousands of oil and gas jobs, save billions in drilling costs by 2030 – Rystad Energy

Even when the pandemic downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In a report that looked into the adoption of robotics...

Cost of gas to power project will be ‘very small percentage’ of Stabroek Block ‘cost pool’ – Ramnarine

The estimated US$600 million to US$800 million cost to run a gas pipeline from the Liza field to shore in Guyana will not make much of a difference to the overall economics of the Stabroek Block. So says former...

Former TT energy minister explains why Guyana is poised to become regional powerhouse and is ‘at the beginning of its gas story’

Since oil production began in Trinidad and Tobago (T&T) in 1908 and the commercialization of natural gas, which started later, in the 1950s, the country’s economy has grown, making it one of the most prosperous in the CARICOM region. Today,...

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GEA urges businesses to decarbonize through energy efficiency, renewables and electric mobility

Guyanese businesses should use the lower electricity costs expected from the Gas-to-Energy project to invest in energy efficiency, renewable...