When Guyana's Petroleum Commission comes on stream, one of its key regulatory functions should be protecting the infrastructure for the gas-to-power project as a matter of national security. This is according to former Energy Minister for Trinidad and Tobago,...
While much of the attention has been on the benefits of low electricity rates with the gas-to-power project that is set to come on stream by 2024, an expert in the oil and gas industry says there are can...
ExxonMobil Guyana said on Tuesday teams of experts are making final preparations for start-up of the flash gas compressor this week on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel, in order to restore the flare to...
Even when the pandemic downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In a report that looked into the adoption of robotics...
The estimated US$600 million to US$800 million cost to run a gas pipeline from the Liza field to shore in Guyana will not make much of a difference to the overall economics of the Stabroek Block. So says former...
Since oil production began in Trinidad and Tobago (T&T) in 1908 and the commercialization of natural gas, which started later, in the 1950s, the country’s economy has grown, making it one of the most prosperous in the CARICOM region.
Today,...
Oil and gas exploration activities remain resilient even after a devastating year that saw investments declining by more than 30%, widespread shut-ins, and well over 100 bankruptcy filings. But after the gloom of 2020 oil and gas demand recovery...
Reinstallation of components of the flash gas compression system is progressing offshore Guyana on the Liza Destiny FPSO.
ExxonMobil Guyana, operator at the Stabroek block, said in an update on Tuesday that critical equipment alignments, lifting of the suction silencer...
Energy market research and intelligence company Westwood Energy said in a report last week that more than 60% of the discovered resource in 2012-2020 was gas, even though ~70% of high-impact wells were targeting oil. This was due to...
When the new administration in Guyana announced last year that it was moving ahead with the planned gas-to-shore project that would be underpinned by the Liza Phase 1 Development at the Stabroek Block, some stakeholders asked - can it...
