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...

Even though the world is witnessing an unprecedented increase in efforts to transition to cleaner sources of energy starting with natural gas, there is still very little evidence of explorers going after this resource for 2021. This is according...

Italian engineering giant Saipem hopes to play a long-term role in the development of sub-Saharan African LNG infrastructure, its Chief Operating Officer for onshore, Maurizio Coratella, said in an interview. According to an S&P Global Platts report, Saipem-led consortiums were...

ExxonMobil Guyana said in an update on Wednesday that the flash gas compressor that was sent to Germany for repairs after encountering technical issues in January is now making its way back to the South American country. “The flash gas...

Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands B.V. which will employ the harsh-environment jack-up rig Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field...