Recent exploratory success offshore Suriname, where four discoveries have been made in Block 58 in 2020, shows promise to become an oil production hot spot in the near to mid-term, according to GlobalData. The data and analytics company noted...
Global oil and gas companies are increasingly narrowing their exploration and production activities to fewer regions and plays to make sure they are invested in the most profitable barrels when oil demand starts to decline later this decade, Rystad...
(S&P Global Platts) Shell has had to evacuate some 85 workers from its Shearwater gas and condensate project in the UK North Sea due to a COVID-19 outbreak, posing an "additional challenge" to the project timeline, a source close...
If British companies and institutions do not give Guyana’s rapidly expanding oil and gas industry the support and massive experience they can contribute, then others will fill that void. This is the view of former U.K. Energy Minster and...
Production of natural gas, the main commodity in Trinidad and Tobago (T&T), has been declining ever since 2015. Future gas output is projected to stay below 2017 numbers and then decline at a higher rate after 2024. In order...
Authorities in Guyana are upping the call for local businesses to work together so that they are better positioned to tap into the growing opportunities being presented as a result of the oil and gas activities in the South...
United States Ambassador to Guyana, Sarah-Ann Lynch is urging internationally recognized American companies to set up shop in Guyana.
She made the comment during the sod turning ceremony for a new Courtyard by Marriott in the compound of the Cheddi...
During Cabinet deliberations on Thursday, the Irfaan Ali administration examined government’s expenditure portfolio and profile and the investments critically needed to transform the new oil producing country.
“Just to let you understand how important this is, for the remainder of...
Qatar Petroleum, one of the latest oil and gas companies to take up acreage in the Guyana-Suriname Basin, will spend $200 million on emissions reduction technology for its North Field LNG expansion project off the north-east shore of the...
As authorities in Guyana forge ahead with the establishment of a local content policy that is likely to be backed up by legislation, the largest oil and gas company operating in the South American country is making it clear...
