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...

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’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 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...

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 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 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...

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...

Guyana and Suriname have had substantial natural gas reserves discovered in the basin, altogether estimated at a whopping 29.5 trillion cubic feet. According to ExxonMobil, the operator of the Stabroek Block offshore Guyana, of the 11 billion oil-equivalent barrels...

If ExxonMobil opts not to move ahead with gas development, in line with the Guyana government’s wishes, the prospects will be reallocated, said Vice President Bharrat Jagdeo.  During a May 24 press conference, Jagdeo said work is being done to...