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Guyanese investor building multi-million-dollar oil & gas storage facility close to major shore base

A Guyanese businessman is looking to transform a section of an abandoned cane field into a multi-million-dollar infrastructure targeting the needs of the oil and gas industry. W1 Houston Inc. is working towards the establishment of a storage facility...

Chevron shuts in Tamar gas platform offshore Israel as violence escalates

(S&P Global Platts) US major Chevron has shut in the Tamar gas platform offshore Israel amid an escalation of violence in the country, a company spokeswoman said May 12. Violence has escalated in recent days, with rockets fired at Israeli...

Supplying Guyana domestic market will help tackle growing gas-to-oil ratio offshore

As an increasing number of developments come on stream offshore Guyana, large amounts of associated gas will be produced alongside high volumes of oil. Following the already producing Liza phase 1 project is phase 2, targeting 220,000 barrels of oil...

Commercial Negotiator being sought for Guyana’s US$900M Gas-to-Shore Project

In an effort to ensure Guyana's US$900M gas-to-shore project is properly implemented, the Ministry of Natural Resources is actively searching for a Commercial Negotiator. According to procurement documents seen by OilNOW, the successful applicant would be required to support the...

Designs under review for gas-to-shore plant in Guyana

As the Irfaan Ali administration goes full throttle with the proposed Wales gas-to-shore project in Guyana, plans are now under review to determine what type of power plant will be used. United Kingdom Petroleum Expert, Simon Shaw who now serves...

Finnish Group, Guyanese companies join forces to handle waste from offshore oil & gas assets

One of the newest Oil and Gas (O&G) support companies to enter Guyana’s petroleum industry is Sustainable Environmental Solutions Inc. (SES), made possible through a joint venture agreement between Finnish company, Corena Group Integrated Environmental Solutions, and local companies,...

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,...

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Suriname, Staatsolie and TotalEnergies in four-year pact to prepare workforce for offshore oil industry

PARAMARIBO, SURINAME – Suriname’s workforce is poised to be better prepared for the emerging offshore oil and gas industry...