By Cristina Caus - OilNOW The Gas-to-Energy project is an embodiment of Guyana’s mission to transform its historically underperforming economy, now one of the fastest growing, into a world-class and competitive environment. The GtE project represents one of the largest...

CGX Energy and Frontera Energy, partners in the exploration of the Corentyne block offshore Guyana, have announced their strategic plan to commence oil production by 2030. This announcement came during a public technical presentation on December 11, 2023, where...

Guyanese regulators are in the process of finalizing the nation’s gas strategy, which will guide authorities in transforming the country into a hub for regional integration. Speaking on the importance of the strategy, President, Dr. Irfaan Ali recently reminded...

With oil production in Guyana set to hit 600,000 barrels per day (bpd) next year and cross the one million bpd mark by 2027, monetizing the large volumes of associated gas discovered to date at the ExxonMobil-operated Stabroek Block...

Plympton Farms achieved a milestone under the Green Farms Initiative, inaugurating a three-acre greenhouse at Dora along the Linden Highway on November 24. The ceremony marked the culmination of a pivotal stage in a tripartite collaboration between SBM Offshore...

U.S.-based contractor McDermott has clinched a contract to spearhead engineering and construction efforts at the Manatee gas field project in Trinidad and Tobago, a venture initiated by Shell. This latest development follows McDermott being granted a limited notice to proceed...

In a proactive move towards bolstering safety measures within the offshore oil sector, the Ministry of Labour proudly announced the certification of additional officers to work on floating production, storage, and offloading (FPSO) oil platforms operated by ExxonMobil Guyana.  According...

Shell Egypt announced the successful completion of drilling its initial well, Mina West, a win in its three-well exploration campaign in the North East El-Amriya block, situated in the Mediterranean Sea. The drilling operation uncovered a gas-bearing reservoir, Shell...

SBM Offshore has once again delivered and put into operation another floating production storage and offloading (FPSO) vessel offshore Guyana ahead of funding schedule and at industry-leading pace. The Prosperity FPSO began oil production at the ExxonMobil-operated Stabroek Block...

Vice President of Guyana, Dr. Bharrat Jagdeo said during a recent media conference that the government wants ExxonMobil to move faster on the matter of developing the country’s growing gas assets. “We are not pleased with the pace at which...