Minister of Natural Resources Vickram Bharrat and a team from the Ministry visited Vreed-en-Hoop Shorebase Inc. on June 16, where ExxonMobil Guyana conducted a practical offshore oil spill response exercise near the Sea Buoy Anchorage. The Ministry said representatives of...

Global energy technology company SLB and Qualcomm Technologies have signed a memorandum of understanding t(MOU) to develop edge artificial intelligence solutions aimed at improving real-time decision-making across oil and gas operations. The agreement, announced by SLB on June 9, combines...

Phoenix Park Gas Processors Limited and GuyGas Inc. have been identified as the first-ranked firms to operate and maintain Guyana’s Gas-to-Energy Phase 1 Natural Gas Liquids Plant, the Office of the Prime Minister said in a release this morning.  It...

Halfway into 2026, Guyana’s natural gas push is no longer centered only on getting gas to shore at Wales. The country’s near-term gas plan is still tied to the Gas-to-Energy project on the West Bank of Demerara. But the first...

ExxonMobil Guyana Limited’s proposed Haimara project could require 24 to 60 wells, placing the gas-focused development in the middle of the Stabroek Block lineup by drilling scope. The figure, shown in a comparison of ExxonMobil Guyana’s offshore projects revealed during...

Venezuela has advanced five agreements with Shell to develop the 7-trillion-cubic-foot Loran gas field.  The agreements, signed on June 11, formalize Shell’s participation in Loran, a cross-border reservoir shared with Trinidad and Tobago, while also covering oilfield production expansion and...

MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to expand its engagement with the Request for Information (RFI) process. The Centre for Local Business Development (CLBD) announced the initiative in...

ExxonMobil Guyana Limited (EMGL) is moving to put insurance arrangements in place for the Longtail development, Guyana’s first offshore project focused on non-associated gas. The company has issued a Request for Information (RFI) to identify suppliers capable of providing insurance...

Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed Guyana Development Bank, which the government says will help businesses overcome one of the industry's biggest barriers to entry.  On June...

Barbados has begun direct negotiations with companies interested in offshore oil and gas exploration, with the government saying environmental performance and methane management will be key considerations in selecting future partners. Acting Prime Minister and Energy Minister Kerrie Symmonds said...