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Exxon expects benefits from massive Guyana offshore operations to reach across country

Now in its second year of oil production, Guyana’s oil and gas industry is still in its infant stage. The massive operations offshore are driving exploration activities across several blocks and production at the giant Stabroek Block where ExxonMobil...

Resolutions and solutions

Another year has come to an end, and we are now in two days into 2022. As is customary, the last few days for many would have been spent reflecting on 2021 and whether or not goals were achieved...

Georgetown port now sees an average of 52 ships per week, up from 7 – Edghill

The rapidly expanding oil and gas operations in Guyana continue to fuel significant commercial activities and authorities say the local content legislation passed this week will help to ensure Guyanese cash in big on these growing opportunities. “This bill guarantees...

Chamber ‘shocked, dismayed’ by chaos in Guyana’s Parliament

The Georgetown Chamber of Commerce and Industry (GCCI) said on Thursday it was shocked at the behaviour displayed in Guyana’s National Assembly on Wednesday as the government passed major legislation for oil and gas operations in the South American...

Guyana advances major oil and gas legislation as pandemonium breaks out in Parliament

Guyana on Wednesday passed major bills in Parliament, soon to be signed into law, that would advance the country’s framework for managing the rapidly expanding oil and gas sector which is set to rake in billions of U.S. dollars...

Better interest rates from banking sector, building ‘One Guyana’ on Ali’s radar

Focus on how the banking sector in Guyana can play a bigger role in national development and how every Guyanese can benefit from the economic explosion in the new oil producing South American country are on the radar of...

Two fundamental laws that will shape Guyana energy development

By Arthur Deakin With 300 million barrels of oil per discovery and an 80% success rate, the largest energy company in the Americas, ExxonMobil, said that Guyana’s “numbers are incredible.” Exxon added that it will inject US$30 billion into the...

Exxon’s Chairman to attend February 2022 energy conference in Guyana

Chairman and Chief Executive Officer of ExxonMobil, Darren Woods, will attend the International Energy Conference and Expo Guyana 2022, slated for February 15 to 18 at the Guyana Marriott Hotel Georgetown. Guyana’s President Dr. Irfaan Ali will deliver the Keynote...

Benefits to Guyana will go beyond oil revenues if country plays active role in developing resources

Since 2015, the year ExxonMobil made its first world class discovery offshore Guyana, the company has spent more than half a billion U.S. dollars with local suppliers supporting the emerging oil and gas industry. The South American country has...

Emerging oil producers Guyana and Ghana ink string of cooperation agreements

The governments of two oil producing nations on opposite sides of the Atlantic, Guyana and Ghana, signed three agreements to deepen their ties on Tuesday. The occasion culminated a 4-day trip to Guyana by Ghana’s Vice President Dr. Mahamudu...

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Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration...