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Guyana sets the “gold standard” for stable policy to attract high-quality investments – S&P VP 

Guyana has been praised for having a stable environment for investment, but S&P Global Vice President, Daniel Yergin, took it a step further; branding it “the gold standard.”  Appearing virtually at Guyana Energy Conference and Supply Chain Expo on Feb....

Exxon says first pipeline is start of potentially bigger gas development in Guyana

Guyana’s focus is beginning to shift to its natural gas potential. While there has been talk from government that ExxonMobil may be slow to go down this development path, the Corporation’s Upstream President, Liam Mallon stated clearly that its...

Gov’t to meet H1 2025 target for power from Gas-to-Energy project – Brassington 

By the first half of 2025, Guyana will be able to enjoy reliable power from its Gas-to-Energy project. That update was provided by Government Consultant, Winston Brassington on day two of the Guyana Energy Conference and Supply Chain Expo.  In...

World-class FPSO simulator set to unlock new opportunities for Guyana – President Ali 

Having a floating production storage and offloading vessel (FPSO) facilities simulator in the country is a massive achievement for Guyana. So says the country's President, Dr. Irfaan Ali, who believes it unlocks a whole world of new opportunities for...

Guyana’s oil helping to stabilize global energy markets – Exxon Upstream President

In a world fraught with geopolitical unrest and economic uncertainties, the role of stable energy supplies cannot be overstated. Liam Mallon, President of ExxonMobil Upstream Company, recently highlighted the remarkable contribution of Guyana to global energy markets amidst these...

Guyana aims to be top NGL supplier for Brazil’s Roraima, Dominican Republic, and CARICOM

Guyana’s Gas-to-Energy project has generally been marketed as a huge benefit for the domestic economy. However, the government is rolling out plans for the natural gas liquids (NGL) from the project to capture the markets of the entire Caribbean...

Guyana emerging as oil producing giant in the Americas as output soars

The International Energy Agency (IEA) anticipates that global oil markets will remain "comfortable" throughout 2024, buoyed by burgeoning production from key regions including the Americas, notably Guyana, which is expected to contribute significantly to meeting global oil demand. The South...

TotalEnergies looking to Exxon’s Guyana model for cost-saving measures

As TotalEnergies plans its first offshore development in Suriname’s Block 58, it is taking a page out of ExxonMobil’s book with its cost-saving operations in the prolific Stabroek Block offshore Guyana.  “With Suriname, we are trying to work on an...

DeepOcean secures contract with ExxonMobil Guyana for subsea services

Ocean services provider DeepOcean has clinched a contract from ExxonMobil Guyana, marking its foray into the South American country's market and its first major collaboration with Exxon in the Americas. The contract entails the provision of subsea construction and...

Berbice region to be central hub for gas supporting infrastructure – Pres. Ali

As Guyana builds out its gas industry, President Irfaan Ali sees the Berbice region playing an integral role in its development.  According to the President, Berbice is set to become a hub for “gas-supporting infrastructure.”  “A mall, hospital, industries and, of...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...