The Guyana government appears ready to take more bold but cautious steps in the hydrocarbon arena as it is focusing some of its energy on creating a gas strategy with the assistance of its West African counterpart, Ghana.
Confirming this...
Guyana’s Vice President, Dr. Bharrat Jagdeo has confirmed that as more offshore projects come online, the South American country is hopeful of becoming an exporter of gas, or value-added products derived from gas.
“Guyana is not looking to be a...
Dutch floater specialist SBM Offshore reported on Thursday an Underlying Directional revenue of US$2,317 million for 2021, an increase of 1% compared with 2020, mainly resulting from ramp-up of activities with five FPSOs under construction in 2021, the awarded...
(S&P Global Platts) Brazil's natural gas industry received a significant push forward with approval of the country's New Gas Market, but it faces a critical year in 2022 to consolidate implementation of the regulatory regime and create the foundation...
While the third-stage Flash Gas Compressor (FGC) on the Liza Destiny FPSO continues to operate steadily, ExxonMobil Guyana said on Friday that upgrades on the new replacement equipment are still advancing, with the installation date now set for mid-year.
The...
The Guyana government has allocated GY$420.5 million (US$2.1 million) this year to train Guyanese for jobs in the country’s rapidly expanding oil and gas sector. This was announced by Senior Minister in the Office of the President with responsibility...
More shorebase facilities are being developed to serve Guyana’s rapidly expanding oil and gas sector with construction set to commence on two more projects on the West Bank of Demerara sometime this year.
Senior Minister with responsibility for Finance, Dr....
The Guyana government presented its 2022 National Budget on Wednesday in the National Assembly where it was disclosed that GY$20.8 billion dollars is being earmarked for the landmark gas-to-energy project.
With the country’s energy demand expected to grow within the...
Bids from 12 companies were opened last Thursday for the combined construction of a natural gas fired power plant and natural gas liquids (NGL) plant for Guyana’s landmark gas-to-energy project.
According to an update from the Department of Public Information,...
Guyanese company Tristar is in the process of acquiring an additional 300 acres of land in Versailles, West Bank Demerara. OilNOW understands the 300 acres will support the operations of the West Demerara Shorebase project with options for storage...
