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Total CEO for Suriname visit, oil development discussions high on agenda

All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné.  Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough...

Over 6,000 businesses benefit from new ‘Centre Hub’ launched by CLBD

The landscape of business opportunities in Guyana has been boosted with the introduction of the Centre Hub, an enhanced and upgraded digital platform introduced by the Centre for Local Business Development (CLBD) on September 7. It is set to...

IEA says Guyana will achieve explosive oil supply growth through 2028 

By 2028, Guyana is expected to provide approximately 1.3% of global oil demand. By then, the ExxonMobil-led consortium holding the Stabroek Block will have invested approximately US$54 billion to develop projects offshore the South American country. While global oil demand...

Public meetings on Whiptail EIA begin on September 12

ExxonMobil Guyana Limited has announced a series of public meetings to discuss the Whiptail Development Project planned for the Stabroek block. The initiative aims to familiarise the public with the Environmental Impact Assessment (EIA) and the Environmental Impact Statement...

Geo-Expro explores potential, challenges in Guyana-Suriname Basin in new report

GEO ExPro - a geoscientist peer magazine focused on the energy sector from a subsurface perspective - released a new report that examined in part, the geological opportunities and risks of the Guyana-Suriname Basin. The section on Guyana was...

Tullow gets key nod to exit Orinduik, but might remain on Kanuku license

Tullow Oil  has received preliminary approval to divest from its position in the Orinduik Block, Vice President Dr. Bharrat Jagdeo related August 31.  “On the Orinduik issue, we have in principle agreed that the approval will be given for Tullow...

Exxon, COVs invests US$45,000 in Community Wellness project benefitting 150 Guyanese

The Greater Guyana Initiative (GGI) is supporting the "Enhancing Community Wellness" pilot project with an investment of US$45,000. The project's official launch took place at 3t EnerMech’s Lusignan training facility on Aug. 30, heralding a positive step towards tackling...

Guyana’s green lungs to breathe easy despite Exxon’s offshore emissions

In a recent Environmental Impact Assessment (EIA) for ExxonMobil's sixth Stabroek Block development, known as Whiptail, a comprehensive breakdown of the greenhouse gas (GHG) emissions expected from its operations was provided. The findings suggest that, even at peak emissions,...

Whiptail Development Fact Sheet 

ExxonMobil Guyana is actively seeking environmental authorisation for its sixth Stabroek Block development - Whiptail. It recently submitted to the Environmental Protection Agency (EPA), the mandated 3,000+ page Environmental Impact Assessment (EIA) for review and approval. Here are some...

Jagdeo, Trotman at odds over signing of 2016 contract with ExxonMobil

The 2016 Stabroek Block Production Sharing Agreement (PSA) Guyana signed with US oil major ExxonMobil continues to be a main topic of discussion and contention. An exchange of words between Raphael Trotman, former Minister of Natural Resources, and current...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...