Given their inability to honour their work obligations, Frontera Energy Corporation and CGX Energy Inc. have reached an agreement with the Guyana Government to relinquish the Demerara and Berbice Blocks, amounting to a combined 1.1 million acres.
The attention of...
ExxonMobil Guyana announced Thursday that its second production vessel, the Liza Unity, achieved pilot flare after its gas compression and injection systems were safely commissioned in “half normal industry time”.
ExxonMobil Guyana Production Manager, Mike Ryan dubbed the achievement “a...
The government of Guyana is drawing closer to the finalisation of arrangements for the landmark Gas-to-Energy project, particularly the onshore facilities it is responsible for building.
Vice President Dr. Bharrat Jagdeo shared during a press conference on Wednesday that the...
The nearly 11 billion barrels of oil equivalent found so far at the Stabroek Block offshore Guyana may just be a scratch on the surface of what is emerging as one of South America’s most prolific oil and gas...
Guyana’s upward trajectory brought on by its massive oil and gas reserves has piqued United Kingdom investor interest. According to the British High Commissioner to Guyana, Jane Miller, many companies are eager to establish a stronghold in the South...
Against the backdrop of a decline in proven natural gas reserves in North America, Guyana's President, Dr. Mohamed Irfaan Ali is advocating for Trinidad and Tobago’s gas reserves to be part of the solution. The Head of State made...
According to the Prime Minister of Trinidad and Tobago, Dr. Keith Rowley, the latest gas reserve audit for the country established that at year-end 2020, technically recoverable resources amounted to 23.2 trillion cubic feet (tcf) and prospective resources at...
The International Monetary Fund (IMF) has thrown its support behind Guyana’s plans to bring down electricity costs, which include the implementation of the transformative gas-to-energy project.
The initiative will see the construction and operation of a pipeline from the Liza...
The Food and Agriculture Organisation (FAO) of the United Nations has found no correlation between the oil and gas activities offshore Guyana and low catches that are sometimes experienced by local fisherfolk.
In fact, FAO has found that while the oil...
Suriname’s Energy, Oil and Gas Summit and Exhibition (SEOGS) will be making a return for its second edition, at a time when the South American nation is poised to be a major player in the global energy industry.
Staatsolie Maatschappij...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
