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Petronas expected to FID Block 52 gas development – Staatsolie Head 

Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said.  Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration...

Gas-to-Energy pipeline mechanically completed, ready to introduce natural gas – Routledge 

The pipeline for Guyana’s Gas-to-Energy project is set and ready to introduce natural gas from the Liza field to onshore facilities at Wales, West Bank Demerara. Providing an update, ExxonMobil Guyana President, Alistair Routledge said that the pipeline has been...

Exxon’s Hammerhead project to feature first converted unit offshore Guyana since Liza Destiny

Hammerhead, Guyana’s 7th Stabroek Block development will be utilizing a converted unit for its floating, production, storage and offloading vessel (FPSO). This is according to ExxonMobil Guyana President, Alistair Routledge.  Hammerhead would be the first project after Liza Phase 1...

PETRONAS launches seismic survey in Suriname’s Offshore blocks 63 and 52

PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of the Malaysian energy giant, has announced plans to conduct a 3D seismic acquisition across Offshore Block 63 and the Ironman Prospect in Block 63/52, Suriname. This follows the signing of the...

Guyana congratulates Suriname as interest in gas monetization grows

Guyana’s Vice President, Bharrat Jagdeo, said he looks forward to the potential “shared infrastructure” Guyana and Suriname can have as contiguous states with significant petroleum resources.  TotalEnergies recently announced its final investment decision (FID) for the Block 58 Gran Morgu...

TotalEnergies makes final investment decision for historic deepwater project offshore Suriname

Suriname President Chandrikapersad Santokhi promised prosperity for Surinamese, and a principle of leaving no one behind, as the final investment decision was made for the first-ever offshore oil development at Block 58.  "Our policy, and this should apply to any...

TotalEnergies to sign $10 billion deal for Suriname’s first offshore oil project 

TotalEnergies is expected to make its final investment decision (FID) this week for Suriname’s first offshore oil and gas development, valued at over US$10 billion. This is according to four sources, a Sept. 30 Reuters report stated, pointing out...

Phase 2 of Gas-to-Energy project can be done in two years – Jagdeo

Guyana's Vice President Bharrat Jagdeo said Phase 2 of the Gas-to-Energy project can be completed in two years.  “We believe that is an outside limit,” he said during a press conference in Georgetown on September 26, following the publication...

Consumers to see immediate 50% power cost reduction with Gas-to-Energy project

Guyana’s Vice President Bharrat Jagdeo has assured that consumers will benefit from a 50% reduction in power costs almost immediately after the Gas-to-Energy project becomes operational.  “I don’t know if it will be one day, a week, or so, but...

Pre-FEED work begins on Woodside Energy’s Calypso project offshore TT 

Pre-FEED engineering work has commenced on Woodside Energy’s Calypso Project, located 220 km off Trinidad's coast in water depths of 2,100 meters. This development follows the completion of conceptual studies and the selection of an infield host as the...

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Letter-to-the-Editor: Equipping our people — The case for STEM in Guyana

Dear Editor, I recently came across a letter arguing that the new US$100 million STEM initiative is a step backwards...