Eco (Atlantic) Oil & Gas Ltd. said that it, along with its partners, on South Africa’s Block 3B/4B are applying for environmental authorisation to undertake exploration activities. The block lies in water depths averaging approximately 1,000 metres, in the...
By Joel Bhagwandin - OilNOW
I am writing in reference to a letter published the Stabroek News on March 23, 2023, with the caption, “Vreed-en-Hoop shore base, funded with Guyana’s oil revenues makes it a private, public partnership”.
I must disclose...
The Environmental Assessment Board (EAB) arm of Guyana’s Environmental Protection Agency (EPA) held a hearing on March 22 on appeals filed to challenge the Agency’s decision to not require a separate Environmental Impact Assessment (EIA) for a proposed 300...
By Dr. Lorraine Sobers - OilNOW
There was greater Trinidad and Tobago presence at this year’s International Energy Conference and Expo Guyana 2023, than in 2022. Trinidad and Tobago Prime Minister, Dr. the Hon. Keith Rowley, was one of...
Sarawak Shell Berhad, a subsidiary of Shell plc, has completed the sale of its non-operated interests in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP).
Shell had a 40%...
Guyana’s hydrocarbon story has been dominated by oil so far, but its new model petroleum agreements have established a framework that will compel the utilisation and commercialisation of its natural gas resource.
Once contractors discover natural gas fields or excess...
Keeping to its strategy to divest from non-core assets, ExxonMobil is mulling selling off its majority stake in Italy’s main regasification terminal - Rovigo LNG.
Also called Adriatic LNG, the terminal is owned by ExxonMobil Italiana Gas S.r.l. which holds...
Trinidad and Tobago (TT) expects gas to start flowing from the Dragon field project in two years, once all goes well in negotiations with Venezuela, its Energy Minister, Stuart Young has said.
Young, according to Reuters, is due back in...
The Guyana Shore Base Inc. (GYSBI) is stressing the importance of safety after an incident that saw a woman entering an active construction site at Reynstein, West Bank Demerara.
The woman, Elizabeth Deane Hughes, wrote a letter to local...
Annual greenfield capital expenditure is set to break the US$100 billion threshold this year, according to Norway’s Rystad Energy as offshore development activities surge globally. And investments in Guyana’s offshore Stabroek Block will take up US$7 billion of that...
