In recognition of the immediate need to increase gas supply capacity to preserve its world-class petrochemical and liquefied natural gas sector, Trinidad and Tobago is making swift moves to review its tax system governing shallow water, deep water and...
Equinor announced on Friday that it submitted, along with its Halten East partners, a plan to invest NOK 9 billion (approximately US$950 million) to develop a series of gas and condensate discoveries in an area neighbouring the Åsgard field...
The Government of Guyana is working with ExxonMobil to deliver Gas to Power, a project that is commonly said will be the single most transformation project in Guyana’s history.
While it is a fossil fuel project slated to come onstream...
Guyana Shore Base Inc. (GYSBI) celebrated two years without lost time injuries (LTI), earlier this month.
LTI refers to an injury sustained on the job by an employee, which results in the loss of productive work time. Lost time injuries encompass...
ExxonMobil Guyana’s in-country projects manager, Anthony Jackson, said the company is committed to supporting studies on the environmental impacts of its operations, so it can understand if they have any impact on Guyana’s fish stock.
He made this comment during...
ExxonMobil’s sanctioning of Yellowtail - its biggest project to date offshore Guyana - has seen the extension of four Noble drillships through to 2025.
US$10B Yellowtail Project set to unleash a tsunami of economic benefits
On April 1 this year, the...
A new oil and gas corridor is quickly emerging in Guyana on the East Bank of Demerara where several oil field services companies have been setting up operations in recent years.
“It seems as though Houston in Guyana is becoming like Houston in Texas;...
Rystad Energy’s Latin America analyst, Sofia Forestieri, said the energy research firm expects international oil companies to invest approximately US$60 billion into exploration and production activities, mainly in the Stabroek Block, in the decade 2021-2030.
Rystad projected that, of investments...
Guyana’s current natural gas reserves total some 16 trillion cubic feet, according to the Vice President, Dr. Bharrat Jagdeo.
And that gas can either be used for energy generation or reinjected into Guyana’s offshore wells. The government has a ‘no...
(Reuters) - Equinor SA and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.
The firms want to boost future production from the Bacalhau oil field, Equinor's...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
