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Guyana taps Fulcrum LNG to partner with Exxon, government on gas development

Guyana has identified Fulcrum LNG to potentially partner with it and ExxonMobil on a natural gas development, President Irfaan Ali said at a June 20 press conference in Georgetown.  The U.S. energy firm was among 17 to submit proposals to...

Distilling Guyana’s Oil and Gas Regulatory Framework: The Introduction

By Chevy Devonish ExxonMobil Guyana Limited (ExxonMobil), and its partners Hess and CNOOC started oil and gas exploration in Guyana in 2008, and the first significant discovery, Liza-1, was made in 2015. In his 2024 budget speech, Dr. Ashni Singh, Senior...

US may consider final approval of US$646M gas project loan to Guyana in July

The Export-Import Bank of the United States (EXIM) may consider final approval of a loan to Guyana, valued at approximately US$646 million. The loan is meant to support the Gas-to-Energy project, a landmark venture the Guyana government hopes will...

Senegal hails never-before opportunity as offshore oil flows for the first time

Woodside Energy announced first oil production on June 11 at the Sangomar oilfield offshore Senegal. This is the first such project for the West African nation.  Officials are hailing the project as a godsend for the country. PETROSEN, Senegal's state...

Guyana banking on gas project to boost value-added wood products

Guyana’s Ministry of Natural Resources expects the operationalization of the Gas-to-Energy project to facilitate a boost in value-added wood products.   The Gas-to-Energy project is a collaboration between Exxon and the government, to transport offshore natural gas to shore, primarily for...

Digicel’s ‘Deep Blue One’ fibre optic cable ready to connect offshore oil operations

Digicel Group said it activated its subsea fibre optic cable ‘Deep Blue One’ to “supercharge” connectivity across Guyana, French Guiana, Suriname and Trinidad & Tobago. It said the cable network will provide seamless connectivity, facilitating uninterrupted communication and real-time...

Suriname Energy Conference returns this week as nation gears up for first landmark offshore development 

Paramaribo, Suriname: The fourth Suriname Energy, Oil & Gas Summit (SEOGS) returns this week from June 4-7 in Paramaribo under the theme; “The Next Stage of Success”. The host remains Suriname’s state oil firm, Staatsolie. The event will be held...

Trinidad hopeful existing gas infrastructure gives it edge over rising stars Guyana and Suriname

Trinidad and Tobago's Minister of Energy and Energy Industries, Stuart Young, said the country is advantaged in terms of its ability to attract investment in gas exploration and development, due to its established gas infrastructure. During an early May...

Trinidad has 10 years of gas production left from current reserves – Energy Minister

Trinidad and Tobago has about 10 years of gas production left based on less than 12 trillion cubic feet (tcf) of natural gas reserves, Minister of Energy and Energy Industries, Stuart Young said during a May 29 live press...

Authorities re-emphasizing safety as  worker seriously injured at Vreed-en-Hoop Shore Base

An employee of Saipem was “seriously injured” in a May 25 accident at the Vreed-en-Hoop Shore Base Inc. (VEHSI) facility, Guyana’s Ministry of Labour said in a May 27 release. Collis Hall, an operator, was using a 400-tonne Manitowoc Walk...

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ExxonMobil STEM initiative advances with RFI for Georgetown facility staffing

The ExxonMobil Foundation (Guyana) STEM Inc. has issued a request for information (RFI) for staffing services for a planned...