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Rivalry in the Guyana Suriname Basin, the Holy Grail of oil & gas

By Anthony T. Bryan – OilNOW From Trinidad and Tobago (T&T) it is about one hour flying time south to Georgetown the capital of the Republic of Guyana and another hour flying south to Paramaribo the capital of Suriname. These two...

Experts set to discuss Guyana’s gas to power project in OilNOW TV Sunday premiere

A panel discussion on Guyana’s planned gas to power project will premiere on OilNOW TV this evening as part of a series focusing on the initiative that is expected to have a significant transformational impact on the new oil...

Suriname lines up new shore base port

(Caribbean Maritime) In 2020, amid the worldwide Covid-19-induced economic downturn, Suriname reached second place, only behind Russia, in terms of discovered oil and gas reserves. And all this from just one offshore find in Block 58, and without counting...

Guyana must not allow critics, challenges to detract from broad potential benefits of gas pipeline

By Joel Bhagwandin - OilNOW A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 3 The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...

Study points to 32 prospects offshore Guyana with huge potential

The results of an independent prospective resource study completed last year has provided enough evidence to support views that the Corentyne and Demerara blocks are highly prospective. Making this disclosure was Frontera Energy Corporation in its latest operational update...

Mechanical rework of Liza Destiny gas compressor underway

ExxonMobil Guyana said on Tuesday technical experts in Germany continue to assess operating data and inspection findings in order to define the required scope of repairs to the compressor and silencer. This process also includes consideration of technical recommendations...

Exxon engages over 120 stakeholders in Guyana on its offshore operations

ExxonMobil Guyana on Friday held a virtual session with over 120 stakeholders to update them on the company’s offshore operations in the South American country. President of ExxonMobil Guyana, Alistair Routledge, and Production Manager, Mike Ryan, updated participants on the...

Guyana Shore Base local workforce at 95%, large tenders to go out soon

Guyanese now comprise 95 percent of the staff at the Guyana Shore Base Inc. (GYSBI) and companies from the South American country now make up 80 percent of the operation’s supplier base. The company, which operates from Houston, East Bank...

Liza Destiny gas compressor en route to Germany for repairs – ExxonMobil

The faulty 3rd stage Flash Gas Compressor from the Liza Destiny FPSO operating offshore Guyana is en route to Germany where an assessment of the issue and repairs will get underway soon. President of ExxonMobil Guyana, Alistair Routledge, and...

Credit agencies should reward oil majors for natural gas developments

By Arthur Deakin - OilNOW On January 26, one of the most influential credit rating agencies in the world, Standard & Poor’s (S&P), said it was considering downgrading the rating of 13 major oil and gas producers, including ExxonMobil, Shell...

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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...