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Burgeoning real estate industry attracts US giant, Keller Williams, to Guyana’s shores

Said to be the largest real estate franchise in the world, the US franchise Keller Williams (KW) has announced its decision to expand into Guyana. Already serving more than 50 countries outside of its main operations in the United States...

Gas pipeline seen as low carbon vehicle to Guyana’s renewable energy future

Guyana’s landmark gas-to-energy project will reduce emissions significantly when it becomes operational since the South American country currently utilizes heavy fuel oil to generate power. One expert also said emissions can be reduced even further with the use of...

Ratio Energy Co-founder, “Father of Leviathan gas field” bestowed with Honorary Doctorate

Haifa University has bestowed geologist and Co-founder of  Ratio Energy, Eitan Aizenberg with an honorary doctorate for his contribution and groundbreaking work in the field of geology, which has made a valuable contribution to the State of Israel. In 1992,...

Food for over 2,000 persons offshore part of big agri demand Guyana can meet using oil riches

Hydrocarbon resources diminish over time but the need for food remains central in the human existence. Guyana now has an unprecedented opportunity to modernize and mechanise its agriculture sector so that long after the oil is gone, the South...

The Oil and Gas Sector in Guyana: A catalyst for Growth in its Agriculture and Food Sectors

By Dr H. Arlington Chesney - OilNOW Guyana lifted its first commercial shipment of oil in December 2019. This is projected to be the start of a very dominant national oil and gas industry with the estimated reserves of ten...

Guyana working on gas strategy; Ghana to provide assistance – Vice President Jagdeo

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 optimistic about becoming gas exporter as more projects come online – Vice President

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...

SBM Offshore project portfolio at record level with multiple Guyana FPSOs in play

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...

2022 is critical year for Brazil to consolidate New Gas Market

(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...

New Flash Gas Compressor to be installed on Liza Destiny FPSO by mid-year – Exxon

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...

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GEA urges businesses to decarbonize through energy efficiency, renewables and electric mobility

Guyanese businesses should use the lower electricity costs expected from the Gas-to-Energy project to invest in energy efficiency, renewable...