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Investors already showing interest in massive industrial operations as cheaper power looms – GO-Invest

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As the Government of Guyana pushes ahead with the planning and groundwork for the US$900 million gas-to-energy project, Chief Executive Officer of the Guyana Office for Investment (GO-Invest), Dr. Peter Ramsaroop, says the agency is welcoming investors who can...
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Liza Crude perfect for making jet fuel, high demand products – O&G expert

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Updated August 27, 2021 The oil being produced at the Liza field offshore the South American country of Guyana is being described as ‘clean good quality oil’ by an expert in the field who said this, together with some other...
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From Tina to Liza – the floater that made Guyana an oil producer

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The vessel that produced Guyana’s first barrel of oil on December 20, 2019, marking the start of a journey for the South American country that will see it becoming a major producer this decade, was converted from a ship...
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Huge success for Guyana this year at largest oil conference in the world

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Guyana was well represented at this year’s Offshore Technology Conference (OTC) by a delegation comprising companies, government agencies and business groups that left their mark at the Houston, Texas event where interest in the new oil producing country was...
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DAI supports flood relief efforts in Guyana

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Local and international employees of development company DAI donated 70 hampers consisting of food and hygiene products to the Civil Defence Commission (CDC) in Guyana on Friday. The products, such as rice, sugar, hand soap, sanitary napkins and other...
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Guyana government seeking project manager, senior engineer for gas-to-energy project

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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...
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TotalEnergies aiming to prioritize low carbon intensity in new oil & gas projects

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(S&P Global Platts) France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29. Pouyanne, speaking on a...
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Payara project allowed Guyanese company to rehire 30% of staff that were laid off

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Caribbean Clothing Limited is a full-service garment manufacturer in Georgetown, Guyana. When the COVID-19 pandemic hit the South American country, and the world grappled with the economic and social effects, the company was forced to cut its workforce and...
News

Venezuela: The rise and fall of a petrostate

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The Council on Foreign Relations Written by Amelia Cheatham and Rocio Cara Labrado Venezuela’s descent into economic and political chaos in recent years is a cautionary tale of the dangerous influence that resource wealth can have on developing countries. Venezuela, home to...
News

Experts say moving from heavy oil to gas consistent with planning for ‘environmentally sensitive future’

OilNOW -
Updated July 11, 2021 Guyana's pursuit of a Gas-to-Energy project in four years is anticipated to significantly reduce energy costs and would also be in keeping with the country's goal for a green economy. Experts say the transition to gas...
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Suriname’s Caiman-1 well could unlock shallow end of ‘Golden Lane’ – GEOExPro 

Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the...

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