Developing countries are continuing to focus on commercializing their oil and gas resources so that the much-needed revenues can be used to expand their economies and improve the standard of living for their people.
GlobalData said on December 3 that...
The Guyana-Suriname basin is the most appealing frontier market opportunity in the world since it features light to medium sweet crude which has low emissions, highly competitive breakevens and offers exploration companies some of the most competitive terms. An...
The landmark gas to energy project being planned by authorities in Guyana will be best run through the partnership the country has with ExxonMobil since the oil major has vast experience in delivering major projects on time and on...
South America’s hottest new basin where billions of barrels of oil discovered over the past six years have brought world-wide attention is set to deliver large volumes of gas says a former head of Suriname state oil company, Staatsolie.
“Our...
By A. Bacchus
Lately, I’ve found myself continuously involved in conversations centered on the oil and gas industry, and what it really means for the people of Guyana. The topic has dominated my academic life, and at least twice weekly,...
While he is enthused by recent announcements that Trinidad and Tobago has put 17 deepwater blocks up for auction, TT’s former Minister of Energy, Kevin Ramnarine says this bid round will be crucial to the longevity of the country’s...
Since the Centre for Local Business Development opened its doors in 2017 in Guyana to help local businesses build capacity and prepare for opportunities in the oil and gas sector, there has been a more than 200 percent increase...
Following the publication of an Expression of Interest (EOI) in July for investors to collaborate with the Guyana government and ExxonMobil on the US$900 million gas-to-energy project, authorities have received over 30 responses, says natural resources minister, Vickram Bharrat....
(S&P Global Platts) International oil major ExxonMobil is working on a final development plan for the Ca Voi Xanh gas project in central Vietnam, amid moves by the government to refocus on domestic upstream development while dialing back on...
Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant,...
