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Guyana’s oil boom, 2020–2025: From first barrels to a projected 900,000 b/d province

In the span of five years, Guyana has transformed from a newcomer in oil production into one of the world’s fastest-expanding petroleum hubs. What began in 2020 with a single floating production, storage and offloading (FPSO) vessel has grown...

From Moruca to the oilfields: Keith Da Silva’s journey into Guyana’s energy future 

Keith Da Silva is proud of where he is from. “I am from Moruca, Region One,” he said from his station at the Halliburton Guyana base, where he is completing his second year of training as a Technical Professional.  His...

‘We have more opportunities now than we ever had’ – Guyanese Engineer on commissioning ONE GUYANA FPSO

Kenny Bissoon’s career has taken him from petrochemical plants in Trinidad to shipyards in Singapore and China, but bringing the ONE GUYANA floating production, storage and offloading (FPSO) vessel online in his home country stands out as a defining...

Exxon-led group pays Guyana over US$77 million in royalties for Q2 crude

Guyana collected US$77.9 million (GY$16.2 billion) in royalties from ExxonMobil, Hess (acquired by Chevron) and CNOOC, for crude produced and sold offshore during the second quarter of 2025, according to the latest Natural Resource Fund (NRF) report.  This brought royalty...

The PAA Series: Management Themes (Part 7)

Management Themes (Part 6) focused on the grant of a Petroleum Production Licence (PPL) under the Petroleum Activities Act 2023 (PAA). We saw that section 33 provides that the Minister may grant the PPL on such conditions as the...

A Keystone Review: Beyond the Ballot Box, Guyana’s next era

By Keystone Consulting Group As Guyana approaches its crucial 2025 General and Regional Elections, the natural and critical question of ‘who will govern next’ rises to the forefront of our thoughts. It is the subject of much analysis and debate,...

Letter-to-the-Editor: Strengthening Guyana’s oil spill response is a win for both the environment and the economy 

Dear Editor, The recent completion of the Oil Spill Response & Shoreline Cleanup Assessment Techniques Course and Incident Command System (ICS) Course by twenty seven members of the Guyana Defense Force is not just about capacity building via drills and...

Exxon aiming to leverage Guyana development pace in T&T, expects to even ‘move quicker’ – Ardill

ExxonMobil is aiming to replicate the remarkable success it has had in Guyana, in neighboring Trinidad and Tobago, and even expects the oil and gas development to progress faster there due to T&T's established industry, deepwater ports and robust...

Exxon now controls deepwater asset larger than surface area of TT 

Trinidad and Tobago’s Minister of Energy and Energy Industries, Roodal Moonilal, today announced the signing of a “historic” Production Sharing Contract (PSC) with global giant ExxonMobil for an offshore deepwater block larger than the nation’s landmass.  This marks the company’s...

Oil companies delivered 1,600+ training programs for Guyanese in 2024

The Local Content Secretariat says oil companies in Guyana delivered more than 1,600 technical and non-technical programs for Guyanese in 2024, reflecting what Head of the Employment Unit Nicole Haynes described as “the continued commitment to upskilling the Guyanese...

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Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage,...