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...

This week marks one year since a new government was sworn into office in Guyana following a 5-month ordeal that threatened the South American country’s fragile democracy. The Guyana Elections Commission (GECOM) declared the opposition People’s Progressive Party Civic...

By Terrence R. Blackman, Ph.D. – OilNOW In a recent news report, CGX Energy Inc announced that the drilling of the Kawa-1 well, the first well at the Corentyne Block offshore Guyana, is set to commence before August 15. This undertaking...

The full gas compression system on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel is now operating, ExxonMobil said in an update on Friday. OilNOW understands that the team continues to perform maintenance and optimization activities with the...

The Guyana government is pushing for major expansion of exploration and development of its vast hydrocarbon resources offshore and said it will be doing so with the highest level of compliance and transparency. Natural Resources Minister, Vickram Bharrat said Wednesday...