The iconic Offshore Technology Conference 2022 opened today with participation from a high-level Guyana group, consisting of government and private sector representatives. The Guyana booth is aptly titled ‘The Gateway to Opportunities’.
OTC 2022 is scheduled to run for four...
Much focus is being placed on Guyana’s oil and gas successes since the year began, but Hess Corporation is not taking its eyes off Suriname’s potential.
In fact, during the company’s Q1 earnings call on Wednesday, Chief Operating Officer (COO) Greg...
Woodside Petroleum said it is on track to deliver first oil in 2023 from the Sangomar field, which Senegal authorities approved in January 2020. The government approved Phase One of this field development, which will target 231 million barrels.
“This...
Guyana’s growth trajectory changed dramatically when ExxonMobil and its Stabroek Block partners struck oil back in 2015. Since then, the pace of the South American nation’s transformation and development – its oil and gas resources and its infrastructure –...
Vreed-en-Hoop Shore Base Inc. (VEHSI), a US$300M project led by Guyanese businessmen, will be operational by the fourth quarter of 2023, said joint venture partner and owner of National Hardware Guyana Limited, Nicholas Deygoo-Boyer.
VEHSI is a partnership between the 100% Guyanese-owned NRG...
The Guyana Shore Base (GYSBI) is now officially ISO 9001:2015 certified. GYSBI said achieving the feat shows that its processes are “efficient and effective” and are consistent with the requirements of the ISO 9001:2015 standard.
ISO 9001:2015 certification can apply to any organisation,...
Ahead of construction of a pipeline as part of the landmark gas-to-energy project in Guyana, ExxonMobil is looking for a consultant to conduct a survey. In a public request for information (RFI), the company’s local affiliate, Esso Exploration and...
The subsea and pipeline network for Guyana’s landmark gas-to-energy project is poised to see a US$1.3B (GY$260B) investment from ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL).
According to the Environmental Impact Assessment (EIA) which was released on Wednesday,...
Eco Atlantic Oil & Gas Ltd. has placed US$20 million in escrow to support its capital expenditure for the Gazania-1 well in Block 2B offshore South Africa, its joint venture partner, Africa Energy Corp. said on Tuesday.
“The block has...
By Dr. Lorraine Sobers – OilNOW
Natural gas has been accepted as a cleaner alternative to fuel oil for electricity generation for over eight decades. Guyana is now poised to make the switch from fuel oil to natural gas and...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
