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Pressing issues addressed at opening of 26th La Jolla Energy Conference in California

The Institute of the Americas 26th annual La Jolla Energy Conference got underway today in San Diego, California marking the beginning of two days of dialogue and debate on the future of sustainability and energy policy in the Americas. Brazil...

Guyanese and Dutch company forging ahead with new partnership in oil & gas sector

Guyanese firm, Ground Structures Engineering Consultants Inc. and Dutch company, Fugro, are forging ahead with a new partnership in the South American country’s emerging oil and gas sector. Already, several Guyanese are receiving specialized training in sea survival and...

More persons named for Guyana’s Petroleum Department

Following public advertising of vacancies for the new Petroleum Department in Guyana, the Country's natural resources ministry has commenced the process of hiring for the newly established division. The ministry confirmed that Mr Nicholas A. Chuck-A-Sang, a Petroleum Engineer and...

Guyanese can register business interest with ExxonMobil online

Guyanese business operators looking to provide services in the oil and gas supply chain are being urged to register their interest via an online portal open to the public. Esso Exploration and Production Guyana Limited (EEPGL) has established a supplier...

Guyana remains cautious against falling oil prices, expectations

As excitement among Guyanese continue to rise about the prospect of the country becoming a major oil producer, the government is encouraging an atmosphere of cautious optimism in face of falling oil prices and global oversupply of the commodities...

ExxonMobil targets mid-year sanction for Liza first phase

“When you think about the full scope of our development in Guyana, and clearly, the higher the resource density, the more profitable it's going to be..." - Jeff Woodbury US supermajor ExxonMobil plans to sanction the first phase of the development...

Oil production will bring many opportunities; Guyanese must equip themselves

After 50 years of independence, one of the major challenges facing Guyana is the transformation of the country’s natural wealth into human development. At the launch of the 2016 Human Development Report (HDR) in which Guyana was ranked in...

Exxon to train, boost capacity of Guyanese businesses for oil & gas opportunities

Small to medium size businesses in Guyana will soon be able to register interest and receive specialized training that would enable them to benefit from business opportunities in the supply chain of the country’s emerging oil and gas sector. ExxonMobil...

Guyana to establish national oil company by 2018, petroleum institute in 2020

Major plans are being put in place in preparation for oil production in the South American nation of Guyana where recent large discoveries of high quality crude were made 120 miles offshore. The country’s natural resources minister, Raphael Trotman,...

Oil Finds: We must get it right from the beginning

Oil, an indispensable factor in numerous economies, account for about 2.5 percent of the world’s Gross Domestic Product (GDP). According to Forbes online, it accounts for one-third of the primary supply for the world’s population, and if natural gas...

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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...