Investigations by Guyana’s Ministry of Labour into a fatality at a Vreed-en-Hoop Shore Base Inc. (VEHSI) facility determined that the deceased was not equipped with the necessary safety gear at the time of the incident.
He was identified as Health...
Could Guyana’s seventh Stabroek Block development be based on another oil discovery, or perhaps, the first offshore gas project? Operator ExxonMobil has not decided. Why? According to its President, Alistair Routledge, “We have more than one horse in the...
TotalEnergies has initiated production at the Akpo West field, located on the PML2 license in Nigeria.
This field, positioned 135 kilometers offshore, is connected to the Akpo floating production, storage and offloading (FPSO) unit, operational since 2009, which reported a...
Guyana's Vice President Bharrat Jagdeo said the government expects the United States Export-Import Bank (EXIM) to decide on a US$660 million loan request from Guyana in the first or second quarter of 2024. It is meant to support the...
Guyana’s first integrated power plant is not yet ready but the country is already mulling a second, in anticipation of an exponential demand surge. This is according to its President, Irfaan Ali.
“Already, based on our assessment, the power plant...
Venezuela is set to receive almost half of the income from the Dragon Gas deal with Trinidad and Tobago.
According to a Feb. 3 Reuters article, the terms were outlined in a license, published by Venezuela’s official gazette. “In no...
The North Sea Transition Authority (NSTA) has announced the allocation of 24 licenses in the second tranche of the U.K.'s 33rd oil and gas licensing round, involving 17 different companies, including industry giants such as Shell, Equinor, BP, and...
Norwegian company, Electromagnetic Geoservices ASA (EMGS), has announced a contract award from Petrobras for a fully pre-funded multi-client survey offshore Brazil. The contract, valued at approximately US$11.7 million, is significant for EMGS as it is the first data acquisition...
Downtime for ExxonMobil’s Liza field is expected in the second half of 2024, said Chief Financial Officer (CFO) Kathy Mikells, to facilitate Guyana’s Gas-to-Energy (GtE) project.
“At some point in the second half, we are working on the Gas-to-Energy project...
In the face of environmental activism, Guyana's Vice President Bharrat Jagdeo remains 'strongly' optimistic about securing a US$660 million loan from the United States EXIM Bank for the country's Gas-to-Energy project. This project aims to transform Guyana's energy sector...
