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A bird in the hand and a block offshore…

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,...

Upcoming auction could extend life of T&T’s gas sector beyond 2040, says former energy minister

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...

Over 200 percent increase in local businesses accessing capacity building programmes – Dr. Gaskin-Peters

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...

US$900M gas-to-energy project attracting investors from across the world – Bharrat

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....

Exxon preparing final development plan for Vietnam’s biggest gas project

(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 seals $750 million gas field deal with Saudi Aramco

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,...

Biden administration not looking to stop oil and gas development, approving permits at faster rate than Trump

(CNBC) The Biden administration on Friday proposed reforms to the country's oil and gas leasing program that would raise costs for energy companies to drill on public lands and water, but stopped short of recommending an end to leasing...

Twenty-five more Guyanese hired by country’s largest shore base facility

The Guyana Shore Base Inc. (GYSBI) recently increased its local workforce by 25 following three cross-country events held in October targeting new recruits. Providing a progress update on its career fairs, the company said that the 25 locals were hired...

APA conducts flow test, delivers ‘excellent quality black oil reservoir’ offshore Suriname

APA Corporation announced results on Wednesday from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well in Suriname. Both operations were recently completed on Block 58. Sapakara South-1 (SPS-1) flow test Flow and subsequent...

SBM Offshore to build largest producing unit in company’s history for Exxon’s Yellowtail project

SBM Offshore announced on Wednesday that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for Guyana's Yellowtail Development project. The Dutch floater specialist said the award...

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What we know about ExxonMobil’s proposed Haimara project

ExxonMobil Guyana has formally begun the environmental authorization process for its proposed Haimara development offshore Guyana. Haimara would be...