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Guyana delegation in Houston for flagship oil and gas conference

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 set to lead global offshore crude, condensate production – GlobalData

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...

Guyana EPA setting up real time monitoring of offshore 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...

Guyana government seeking project manager, senior engineer for gas-to-energy project

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...

Observers weigh in on the performance of the Ali administration in oil and gas

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...

Report on QC Alumni Association Oil and Gas Symposium, by Dr. Terrence R. Blackman – Part 2

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...

Close to 100 percent of gas now being reinjected on Liza Destiny FPSO

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...

Guyana looking to expedite offshore drill campaigns as discoveries balloon

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...

Exxon makes another major oil discovery offshore Guyana

ExxonMobil announced on Wednesday that it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the...

Gas-to-energy project: Guyanese will be at forefront of construction, operation

ExxonMobil will be hiring Guyanese to work on the construction of the gas-to-energy project which is expected to take off next year once the relevant approvals are granted by the Environmental Protection Agency (EPA) and Guyana government. The company has...

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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...