Shell said Monday that its subsidiary, Sarawak Shell Berhad (SSB), made an investment decision to develop the Rosmari-Marjoram gas project. As operator for the project, Shell’s 80% stake is joined with a 20% stake held by PETRONAS Carigali Sdn Bhd, the...

Guyana's landmark Local Content Policy became law last December and almost nine months down the line, its impact is being felt throughout the country's booming oil and gas sector. 3T EnerMech's massive OPITO Training Centre of Excellence at Lusignan, East...

From 2022 through 2027, Suriname’s state oil company, Staatsolie, plans to expend an estimated US$1.5 billion as part of its Investment Program, the bulk of which will be for participation in offshore development. In its updated Strategic Roadmap, Staatsolie noted too that the...

The American Bureau of Shipping (ABS) has introduced new detailed requirements for greener offshore operations in its first sustainability guide targeting the global offshore industry. ABS said the guide, developed by working with major offshore industry clients – like ExxonMobil,...

With Guyana’s massive Gas-to-Energy project on track for its 2024 start-up, the government through a request for proposals (RFP) is seeking consultants to provide legal and commercial advisory services along with negotiation support. The RFP published by the Ministry of...

Barbados is looking to test its exclusive economic zone for petroleum deposits, as it will open a licensing round for 22 offshore blocks later this year. The notice from the Ministry of Energy and Business said interested oil and gas...

Dr. H Arlington D Chesney – OilNOW This article opposes the suggestion that Guyana should not proceed in developing its oil and gas sector as the country’s contribution to global reduction in greenhouse gas emissions. It posits that those revenues...

President of ExxonMobil Guyana, Alistair Routledge, said the design and construction of the Gas-to-Energy pipeline will be of the highest standard, as plans move forward for the landmark project that is set to cut the cost of power by half in...

Norway’s Rystad Energy has lauded Guyana’s efforts to implement the right policies to attract foreign investment that will essentially fund its transition to cleaner, greener energy. In its August Review, Rystad Energy even urged that other Latin American nations use...

Guyana’s Vice President Dr. Bharrat Jagdeo says the Gas-to-Energy power plant has to be in place by 2024, but that the Natural Gas Liquids (NGL) facility may not be completed by then. He said it could come until 2025...