Most of the challenges faced by oil and gas producing countries are those that lie above the ground in the form of policy decisions being made by the host nation. One expert says this will be the biggest challenge...
The unprecedented oil and gas discoveries unfolding in the Guyana-Suriname basin are of historic proportions and make the region stand out as one of the most exciting hot spots the industry has seen in decades.
“The Liza-1 well will be...
The new oil producing South American country of Guyana can use its growing international clout to advocate for regional interest. This is the view of Wazim Mowla, a Guyanese American and assistant director of the Caribbean Initiative at the...
Guyana’s landmark gas-to-energy project which will see a 225 km pipeline landing onshore from massive oil and gas production installations at the ExxonMobil-operated Stabroek Block will come online as other countries around the world also look to ramp up...
By Jerry Haar and Siddharth Upadhyay – OilNOW
There is no doubt that Guyana is poised to become the Saudi Arabia of South America. As reported in OilNOW late last year, ExxonMobil—the largest oil company operating in Guyana—announced that since...
A venture between 3t EnerMech and Orinduik Development Incorporated Training Centre will deliver Guyana’s first in-country, state-of-the-art training facility for the local workforce, supporting the development of the country’s fast growing offshore oil and gas sector. 3t EnerMech said...
In keeping with the Guyana government’s stated position of accelerating exploration and production activities offshore, ExxonMobil is forging ahead with its 2022 work plan, targeting multiple wells at the prolific Stabroek Block where it has already found more than...
TotalEnergies and APA Corporation said on Monday they have made a significant new oil and associated gas discovery at the Krabdagu-1 well, in the central area of Block 58, offshore Suriname. This follows previous discoveries at Maka, Sapakara, Kwaskwasi...
Guyana’s Vice President, Dr. Bharrat Jagdeo told attendees at the opening of the inaugural International Energy Conference on Tuesday that authorities are considering using the remaining oil blocks to form a National Oil Company (NOC).
“At some point in time,...
As oil and gas operations continue to ramp up in Guyana, the number of Guyanese servicing the sector has been rapidly increasing. Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods said over 3,500 Guyanese have been...
