South American neighbours Guyana and Suriname are emerging as key regional players in the oil and gas industry with growing discoveries off their coasts and multiple projects on the horizon. Three are already in production on the Guyana side...
LNDCH4 Guyana announced the arrival of two advanced gas turbines from Sweden, marking an important step in Guyana’s Gas-to-Energy project. The turbines will be installed at the project’s site in Wales, West Demerara. They will form the core of...
Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said.
Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration...
The pipeline for Guyana’s Gas-to-Energy project is set and ready to introduce natural gas from the Liza field to onshore facilities at Wales, West Bank Demerara.
Providing an update, ExxonMobil Guyana President, Alistair Routledge said that the pipeline has been...
Hammerhead, Guyana’s 7th Stabroek Block development will be utilizing a converted unit for its floating, production, storage and offloading vessel (FPSO). This is according to ExxonMobil Guyana President, Alistair Routledge.
Hammerhead would be the first project after Liza Phase 1...
PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of the Malaysian energy giant, has announced plans to conduct a 3D seismic acquisition across Offshore Block 63 and the Ironman Prospect in Block 63/52, Suriname. This follows the signing of the...
Guyana’s Vice President, Bharrat Jagdeo, said he looks forward to the potential “shared infrastructure” Guyana and Suriname can have as contiguous states with significant petroleum resources.
TotalEnergies recently announced its final investment decision (FID) for the Block 58 Gran Morgu...
Suriname President Chandrikapersad Santokhi promised prosperity for Surinamese, and a principle of leaving no one behind, as the final investment decision was made for the first-ever offshore oil development at Block 58.
"Our policy, and this should apply to any...
TotalEnergies is expected to make its final investment decision (FID) this week for Suriname’s first offshore oil and gas development, valued at over US$10 billion. This is according to four sources, a Sept. 30 Reuters report stated, pointing out...
Guyana's Vice President Bharrat Jagdeo said Phase 2 of the Gas-to-Energy project can be completed in two years.
“We believe that is an outside limit,” he said during a press conference in Georgetown on September 26, following the publication...