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Guyanese geoscientist Ashlika Persaud scores three discoveries at Stabroek Block

Guyanese geoscientist Ashlika Persaud says she has a deep desire, and that is to do right by her company – ExxonMobil - and her country, where the discovery of massive amounts of oil since 2015 has placed the South...

‘Critics who say we will get nothing from oil sector reckless, uninformed’ – Bharrat

Since the emergence of oil and gas activities in Guyana, over GY$400 billion (US$2 billion) have been plugged into the economy and more than GY106 billion (US$534 million) have been received in oil revenue from exports and royalties. Additionally,...

Schlumberger, Halliburton, Baker Hughes among major companies moving services to Guyana – Exxon

A growing number of companies operating in Guyana’s oil and gas industry are moving more of their supply operations from Trinidad and Tobago and other locations to the South American country, as local capacity to execute projects increase. ExxonMobil Guyana...

Exxon moving almost all supply work from T&T to Guyana by 2022 – Routledge

As local capacity in Guyana continues to increase, ExxonMobil says more services are being moved from Trinidad and Tobago to the South American country, where it is the operator of the Stabroek, Kaieteur and Canje Blocks. In a recent interview...

Guyanese workers assemble massive subsea jumpers for Liza Phase 2 Development

In what is being described as a significant milestone in the development of the local supply chain, Italian oilfield service company Saipem has utilized a Guyanese workforce for the assembly, testing, coating, and loading of massive subsea jumpers for...

Investments and opportunities growing in South America’s new oil producing nation

With Guyana approaching its second year as an oil-producing nation, the small South American country, with a population of approximately 750,000 continues to see increasing benefits from its resource-rich Exclusive Economic Zone (EEZ), in which its vast oil fields...

Failure to work together can see Guyanese businesses being outmatched by foreign investors

Authorities in Guyana are upping the call for local businesses to work together so that they are better positioned to tap into the growing opportunities being presented as a result of the oil and gas activities in the South...

Eni makes significant oil discovery offshore Ghana

Italian multinational oil and gas company Eni said it has made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block...

Geopolitics of oil and water in Guyana: Part 2 – Ivelaw Griffith

By Ivelaw Lloyd Griffith – OilNOW The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a...

Guyana capacity to support offshore operations growing – ExxonMobil

The giant Liza discovery in 2015 was Guyana’s first step into the world of oil and gas. With very limited industrial activity and virtually no experience in the petroleum industry, capacity in some areas had to be built from...

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What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...