Guyana’s energy sector for 2022 will be characterized by two significant developments. Within weeks the second phase of oil production will start at the Liza Phase 2 Development with a production ramp up of approximately 220,000 barrels of oil...
Development works on Silica City – a vibrant, sustainable, resilient and modern city conceptualized in 2013 – is advancing with consultations ongoing with utility companies to coordinate the development of their infrastructure. Sharing this news is Guyana’s Minister of...
By A. Bacchus
In early 2018, I was fortunate enough to attend the first oil and gas conference and exhibition that was held in Guyana. At that point in time, ExxonMobil had made about six viable discoveries, and it was...
Guyana’s Minister of Natural Resources, Vickram Bharrat recently told OilNOW that his ministry welcomes the positive announcement at the Kawa-1 well which was made by CGX Energy Inc. and Frontera Energy Corporation in the Corentyne Block. He was keen...
The Liza Unity Floating Production Storage and Offloading (FPSO) vessel is undergoing final hook-up and commissioning at the ExxonMobil-operated Stabroek Block offshore Guyana in preparation for the start of oil production at the Liza Phase 2 Development.
“Unity is on...
The world’s newest oil producing nation is positioned to play a major role in delivering low carbon intensity barrels to a global economy still dependent on fossil fuel to meet its energy needs.
Guyana, a nation bordering Venezuela and Brazil...
After more than 20 years of seismic data acquisition and drilling, CGX Energy Inc. has finally landed its first oil discovery in Guyana at the Kawa-1 well on the Corentyne Block which appears to rival some of the notable...
Oil and Gas explorers around the world had high hopes pinned on 2021 as pandemic restrictions eased and wildcat wells deferred from the year before were given the green light. But according to Rystad Energy, despite an impetus from...
The Payara development, the third project in the ExxonMobil-operated Stabroek Block, is 66 percent complete. This is according to Hess Corporation’s Chief Operating Officer (COO), Greg Hill.
During the company’s Q4 2021 earnings call, Hill said Subsea Umbilicals, Risers and...
The Guyana Oil and Gas Energy Chamber (GOGEC) said on Friday it welcomed the country’s 2022 National Budget presented this week, reflecting the government’s commitment to ‘creating a progressive and equitable society’ for all Guyanese.
“GOGEC wishes to thank the...
