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‘We feel our name is tied to whether this is a success for Guyana’ – Routledge tells WSJ

ExxonMobil Guyana president, Alistair Routledge, has made it clear that the company's reputation is intimately linked to the impact of its large oil projects in Guyana. "We feel our name is now tied to whether this is a success...

CGX, Frontera and the Corentyne block: What to look out for

CGX Energy and Frontera Energy are expected to report to the market soon about their plans for the Corentyne block offshore Guyana. Frontera’s earnings report for the third quarter is expected on November 9, and CGX’s usually falls in...

Italian energy group Saipem bounces back with record orders, improved margins

Saipem, the Italian energy services group, is making significant strides in its recovery efforts. The company is nearing the completion of troublesome projects that prompted a capital raise last year, according to the chief executive officer, Alessandro Puliti. He...

First half of Guyana technical training center for completion this quarter – Routledge

By next year, the Guyana Technical Training College Incorporated (GTTCI) will commence operations, as the first half is slated for completion this quarter. This is according to ExxonMobil Guyana President, Alistair Routledge.  “...we will see, by the beginning of next...

Seaway7 gets substantial award for work in Baltic Sea

Seaway7, part of the Subsea7 Group, confirmed on October 24, the award of a substantial contract by Equinor and Polenergia for the inter-array cables of the MFW Bałtyk II and MFW Bałtyk III bottom-fixed offshore wind projects, in the Polish...

Potential for €2.55 billion Sustainable Aviation Fuel (SAF) Industry in Ireland by 2050

SAF Industry could provide up to 1,000 high-skilled jobs Policy changes needed to help accelerate pathway for SAF production Feasibility study by SkyNRG and SFS Ireland, supported by Avolon, Boeing, ORIX Aviation DUBLIN--(BUSINESS WIRE)--Ireland has the potential to develop a sustainable aviation...

Chevron to buy out Hess Corp., will gain access to worldclass Guyana play

Chevron Corporation announced on Monday that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on...

QatarEnergy, Shell strengthen global partnership with 3.5 MTPA LNG deal

QatarEnergy and Shell have cemented their partnership with the signing of two significant long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) of liquefied natural gas (LNG). The agreements...

Exxon was faced with a “drill or drop” decision regarding Kaieteur block – Routledge 

ExxonMobil was faced with a “drill or drop” decision regarding Guyana’s offshore Kaieteur Block, says President of the local affiliate, Alistair Routledge.  On September 28, Exxon indicated that it was leaving the block. Another partner in the block - Hess,...

Highly likely Corentyne Block could be in production by 2030 – Bharrat 

High hopes exist in Guyana for oil production outside of the Stabroek Block.  This is evidenced by recent statements from the Minister of Natural Resources, Vickram Bharrat who said that the Corentyne Block could move to production in the next...

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Guyana has ‘clout’ at OTC 2026 as private sector delegation nears 100 businesses

Guyana is entering the Offshore Technology Conference 2026 with growing international attention, as the country’s private sector points to...