The Government of Guyana has issued a Request for Proposals (RFP) seeking qualified firms to manage the operations and maintenance (O&M) of a 300-megawatt (MW) power plant and related auxiliary facilities as part of the Gas-to-Energy Project. This power...
TotalEnergies' Block 58 development offshore Suriname is a major contributor to an expected US$31 billion offshore oil and gas expenditure for the remainder of 2024, according to Westwood forecasts. The project will tap into an estimated 700 million barrels...
The Guyana Shore Base Inc. (GYSBI) has awarded technical scholarships to eleven outstanding students as part of its commitment to community development as it undertakes critical work on the Gas-to-Energy project at Wales, West Bank Demerara.
GYSBI in a release...
Staatsolie announced that after the signing of production sharing contracts for Blocks 14 and 15 with PetroChina Investment Suriname B.V., nearly 46% of Suriname's offshore area is now under contract.
PetroChina, a subsidiary of China National Petroleum Corporation (CNPC), obtained...
The United States Export-Import Bank (EXIM) is working to take a loan request from Guyana for US$646 million, to its Board in October. This is according to the country’s Vice President, Bharrat Jagdeo.
The funding is being pursued in support of...
ExxonMobil's gas exploration efforts in August were a key focus in oil and gas upstream activities, according to a recent report from Rystad Energy.
The U.S. supermajor achieved success with the completion of its non-operated Sloanea-2 appraisal well on...
bp is selling its mature offshore gas fields in Trinidad and Tobago to focus on shallow water, deepwater, and cross-border gas opportunities. The company said it has entered into an agreement with Perenco to divest its Immortelle, Flamboyant, Amherstia,...
Guyana Shore Base Inc. (GYSBI) has announced an invitation to tender for Basin Dredging and Hydrographic Survey activities at its Houston, East Bank Demerara shore base.
“The project covers a 475-meter by 30-meter area adjacent to Berths 1 to 4,...
Block 52 off the coast of Suriname is showing some promise with discoveries made by Malayasian operator, Petronas. So much so that the company is mulling what could be Suriname’s first standalone gas development.
Petronas already hinted at a floating...
If there is one thing the government is sure of, it’s the successful execution of Guyana’s Gas-to-Energy project, with or without the loan it requested from the U.S. Exim Bank.
The delays in its approval have caused some uncertainty.
But according...
