Eni has announced a major oil discovery in block CI-101 offshore Ivory Coast. The block is operated by Eni with Petroci Holding, who hold 90% and 10% respectively in the exploration phase.
The discovery well has been drilled on the...
During the first half of 2021, ExxonMobil Guyana and its contractors spent nearly GY$19 billion with more than 750 Guyanese vendors on goods and services ranging from food stuff to engineering. This has generated, either directly or indirectly, an...
Updated August 28, 2021
The Berbice River in Guyana, during the early period of the planet’s formation helped “drain” the northern part of South America to form a 1,000 metre deep canyon believed to be the basis of the stratigraphic traps...
Guyana’s development has been curtailed for decades, in part due to the exorbitant cost of electricity which is among the highest in the region. Now, the new oil producing country is looking to utilize associated natural gas being produced...
New oil producer Guyana is looking to move forward with a US$900 million gas-to-energy project which authorities say will play a major transformational role in the country’s development.
The project, to be located at the Wales Development Zone, West Bank...
Guyana’s Vice President, Dr. Bharrat Jagdeo, told participants at the Offshore Technology Conference’s (OTC) inaugural Executive Dialogue Series held on Tuesday in Houston, Texas, that the South American country must have a share in the 4-trillion-dollar oil and gas...
A delegation from Guyana is in Houston, Texas, for the flagship Offshore Technology Conference (OTC) scheduled to be held from August 16 – 19 this year. OTC focuses on exchanging technical knowledge relevant to the development of offshore energy...
Brazil alone is expected to contribute around 23% or 1.3 million barrels per day (mmbd) of global crude oil and condensate production in 2025 from key offshore planned and announced projects (new-build projects) that are expected to start operations...
Newly appointed Executive Director of the Environmental Protection Agency (EPA), Mr. Kemraj Parsram says the agency is working to improve, enhance and build its capacity and it plans to introduce real time technology, which can assist its monitoring of...
The Guyana government is moving to build a workforce for its signature US$900 million gas-to-energy project being developed in partnership with ExxonMobil, set to come on stream by 2024. The Ministry of Natural Resources in a notice on Tuesday...
