ExxonMobil has submitted the Environmental Impact Assessment (EIA) and Environmental Impact Statement (EIS) to Guyana’s Environmental Protection Agency (EPA) for the giant 250,000 barrels per day Yellowtail Development Project which is expected to last for at least 20 years.
The...
The Government of Guyana is already in the advanced stages of completing its draft Local Content Legislation which outlines a sliding scale of targets to be achieved by petroleum companies and their subcontractors.
The document proposes that Guyanese should be...
Government Liaison Officer for the Guyana Shore Base Incorporated (GYSBI), Rabin Chandrapal, has disclosed that the hiring of locals will begin as soon as month-end following the conclusion of the company’s last career fair on October 16.
As a local...
Guyana has galvanized funding from various sources to finance the construction of 10 solar farms across the country, in keeping with the government’s plan to diversify its energy mix.
Using part of the proceeds from an Inter-American Development Bank (IADB)...
Guyana’s Maritime Administration Department (MARAD) has announced that preparations for commencement of installation activities at the Stabroek Block for the Liza Unity Floating Production Storage and Offloading (FPSO) vessel will soon get underway, as the South American country prepares...
As Brent oil price continues to rise, a researcher at consultancy group Wood Mackenzie says the upstream industry is set to generate a windfall and this presents a golden opportunity to reposition for a very different future.
In previous upcycles...
ExxonMobil’s most recent success offshore Guyana at the Cataback-1 well will help determine the volume of fluids and development potential in the area close to the Turbot/Tripletail discoveries.
The Cataback-1 well encountered 243 feet (74 meters) of net pay in...
(The Washington Post) The stench of gasoline burned through Verónica Barboza’s nose as she stood by the edge of Lake Maracaibo, one of the largest lakes in South America, on a recent afternoon.
The soles of her shoes, she said,...
The massive Stabroek Block offshore Guyana along with the adjacent Canje and Kaieteur Blocks could deliver around 15 billion barrels of oil equivalent as more exploration campaigns get underway in the coming months.
“Production of crude oil over the whole...
Suriname, Guyana's neighbour to the east, is looking to draft its local content policy by early 2022. Disclosing this was the country’s Minister of Natural Resources, David Abiamofo during his keynote address at the Suriname International Petroleum and Gas...
