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Gas-to-shore is an absolute must for Guyana, says former BPTT official

As the debate persists on whether Guyana should pursue a mix of gas with renewables or simply go the route of the latter, a former BP Trinidad and Tobago (BPTT) official is now adding two crucial questions to the...

Junior oil and gas company exploring offshore Guyana appoints new geologist

Eco (Atlantic) Oil & Gas Ltd. the junior oil and gas exploration company with licences in Guyana and the highly prospective basins in Namibia, announced on Thursday the appointment of Selma Usiku to the role of Senior Geologist. Usiku...

Flash gas compressor arrives offshore, experts on stand-by for reinstallation

ExxonMobil Guyana said on Saturday the flash gas compressor has arrived offshore for reinstallation on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel after undergoing repairs and upgrades in Germany. “The repaired and upgraded flash gas compressor and...

3,000 jobs to be generated from gas-to-shore project in Guyana

The piping of natural gas to shore in Guyana for the generation of cheaper power is expected to have a significant impact on the manufacturing and other productive sectors and reduce the burden of high electricity rates for citizens,...

Gas-to-shore project a “no brainer”; will bring electricity costs down from 30 to 6 cents per kWh – Jagdeo

Once the proposed gas-to-shore project comes on stream, Guyana's electricity costs could be reduced from 30 US cents to six, or even three US cents per kilowatt hour (kWh). This revelation was made on Tuesday by Guyana’s Vice President,...

Gas-to-shore could transform Guyana into regional manufacturing powerhouse

The plans by the Guyana government to land a natural gas pipeline at Wales, on the West Bank of Demerara (WBD) is expected to have a transformational effect on manufacturing, and result in the sector becoming more competitive regionally....

ExxonMobil says it can deliver 50 million cubic feet of gas per day to shore

The use of natural gas to provide energy in Guyana continues to form a major part of the government’s plans to deliver significant benefits to the country of just over 750,000 people. Piping gas to shore will allow for...

Big opportunities for farmers in Guyana’s oil and gas sector, supplies already going offshore

The offshore exploration and production operations in Guyana have been creating growing opportunities for suppliers of goods and services, including those outside the oil and gas industry. In fact, since the first discovery in 2015 when it became apparent...

Gas-to-shore project will be a key part of Guyana’s wealth creation – Morgan D. Bazilian

No technical barriers exist for piping natural gas from the Stabroek Block to shore for power generation and other applications in Guyana and with Gross Domestic Product (GDP) expected to triple in coming years, making this project a reality...

Oil and gas companies continue to fold under severe pressure even as Guyana offshore blooms

The COVID-19 pandemic is adding severe financial strain on a North American upstream industry that was already reeling under billions of dollars of debt. This comes at a time when prospects on the South American north coast continue to...

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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...