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Study points to 32 prospects offshore Guyana with huge potential

The results of an independent prospective resource study completed last year has provided enough evidence to support views that the Corentyne and Demerara blocks are highly prospective. Making this disclosure was Frontera Energy Corporation in its latest operational update...

Mechanical rework of Liza Destiny gas compressor underway

ExxonMobil Guyana said on Tuesday technical experts in Germany continue to assess operating data and inspection findings in order to define the required scope of repairs to the compressor and silencer. This process also includes consideration of technical recommendations...

Exxon engages over 120 stakeholders in Guyana on its offshore operations

ExxonMobil Guyana on Friday held a virtual session with over 120 stakeholders to update them on the company’s offshore operations in the South American country. President of ExxonMobil Guyana, Alistair Routledge, and Production Manager, Mike Ryan, updated participants on the...

Guyana Shore Base local workforce at 95%, large tenders to go out soon

Guyanese now comprise 95 percent of the staff at the Guyana Shore Base Inc. (GYSBI) and companies from the South American country now make up 80 percent of the operation’s supplier base. The company, which operates from Houston, East Bank...

Liza Destiny gas compressor en route to Germany for repairs – ExxonMobil

The faulty 3rd stage Flash Gas Compressor from the Liza Destiny FPSO operating offshore Guyana is en route to Germany where an assessment of the issue and repairs will get underway soon. President of ExxonMobil Guyana, Alistair Routledge, and...

Credit agencies should reward oil majors for natural gas developments

By Arthur Deakin - OilNOW On January 26, one of the most influential credit rating agencies in the world, Standard & Poor’s (S&P), said it was considering downgrading the rating of 13 major oil and gas producers, including ExxonMobil, Shell...

Staatsolie boss wants Guyana, Suriname to build world-class shore base as oil discoveries grow

Both Guyana and Suriname are without adequate shore base facilities to support the growing needs of oil companies that continue to ramp up exploration and production activities offshore the two countries. But this state of affairs could change quite...

Last offshore development approved in Guyana was one of the brightest lights in oil’s dark year – Westwood

Updated November 28, 2021 Westwood Energy Group says 2020 will be remembered as one of the most challenging years in the history of the oil and gas sector as oil consumption fell to levels not seen since 2001. At one point,...

Guyana offshore driller Stena enters major partnership for decarbonization exploration

Stena Drilling, the company that operates the Stena Carron rig currently exploring for hydrocarbons offshore Guyana, has entered into a strategic framework agreement for decarbonisation exploration with UK based dCarbonX to support the development of offshore “geoenergy” resources. Both parties...

Shipping company making major inroads in Guyana, targeting oil and gas opportunities

Shipping company Soreidom, with operations in South and North America, the Caribbean and Europe, has been operating in Guyana for over a decade and is now looking to tap into the new opportunities in the oil and gas industry. For...

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Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...