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Gas Development: Exxon says additional power generation, alumina processing, fertilizer manufacturing and data centers on the radar

Interest in the development of gas resources offshore Guyana is ramping up as evidenced by the day two presentations at the Guyana Energy Conference and Supply Chain Expo. The conversation shifted to how the new oil producing country can...

With more associated gas found in Stabroek Block, Exxon can now supply Guyana with 120 million cubic feet of gas – new Deepwater VP

ExxonMobil said it has identified more associated gas resources in Guyana’s Stabroek Block to more than double its intended supply for the Gas-to-Energy project. J Hunter Farris, Exxon’s Senior Vice President, Deep Water made the announcement during a presentation at...

Exxon targeting pipeline for gas resources at proposed Hammerhead project

ExxonMobil plans to pipe gas from the proposed Hammerhead development project to shore. This will provide an additional gas supply to support Guyana’s plans to expand its Gas-to-Energy (GtE) project.  The Environmental Protection Agency (EPA) on Monday published the Hammerhead...

SBM Offshore to study carbon capture solutions for Petrobras FPSOs

SBM Offshore has secured a contract to study carbon capture solutions for Petrobras' future floating production, storage, and offloading (FPSO) units. The study will evaluate the design and commercial feasibility of various carbon capture system configurations for FPSOs operating...

Trinidad hopeful new exploration will uncover nearly 60 tcf of gas

Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of natural gas.  “Exploration resources stand at 58.84 tcf and offer much promise for the exploration to be undertaken by successful companies...

Over 600 students converge at National Sports Hall for SBM Offshore Guyana’s Mousetrap Competition 

Energy filled the National Sports Hall as teams from 12 secondary schools across Guyana competed on Thursday for first place at the 3rd Guyana-Monaco Mousetrap Car Grand Prix competition, the largest ever since its inception.  Paramakatoi Secondary, Abram Zuil Secondary...

Suriname must reject complacency as it prepares for first offshore oil development – Santokhi

Suriname’s President Chandrikapersad Santokhi says the country must reject complacency and a culture that tolerates mistakes as it prepares for its first offshore oil development. “As a nation, we must reject the mentality that accepts mistakes and shortfalls as usual,”...

Ruling issued on Gas-to-Energy project dispute

A ruling has been issued in the dispute between the Government of Guyana and Gas-to-Energy contractor, Lindsayca/CH4. The matter was referred to the Dispute Avoidance and Adjudication Board (DAAB) on September 19, 2024. In a statement on Monday, the Office...

TGS and Petrobras launch advanced imaging centers for Brazil’s offshore oil basins

TGS, a global leader in energy data and intelligence, has launched advanced imaging centers in collaboration with Petrobras, Brazil’s state energy giant, to enhance Ocean Bottom Node (OBN) and 4D imaging capabilities for the Campos and Santos basins. The centers,...

Guyana gov’t allocates US$245 million to complete Gas-to-Energy project

The Guyana government allocated US$245 million (GY$51 billion) for the Gas-to-Energy project in its 2025 budget. The landmark project will use offshore natural gas for power generation, reducing emissions and giving the government the fiscal space to slash consumer...

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Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership...