Bayphase recently assisted the Guyana government with the review of ExxonMobil’s proposed amendments to its Liza development to accommodate the Gas-to-Energy project.
The UK-based firm said on its website that its work concerned the preparation of two reports summarising its...
By Riyad Insanally
Last month, Trinidad and Tobago (T&T) Energy Minister Stuart Young proposed a Caribbean energy alliance involving Guyana, Suriname and, of course, his own country. In broad terms, he was offering T&T’s established capacity to process oil and...
With 11 billion barrels of oil equivalent resources in the Stabroek Block, and multi-billion barrels poised to be unlocked, Guyana could soon see more than a trillion Guyana dollars being deposited annually into its Natural Resource Fund (NRF).
With such...
Guyana’s Ministry of Natural Resources has rehired Bayphase to provide consultancy services for the review and evaluation of the Uaru field development plan.
Uaru is the fifth oil development in ExxonMobil’s Stabroek Block project pipeline.
Bayphase won the contract over Stratoil,...
By Dr. Lorraine Sobers - OilNOW
There was greater Trinidad and Tobago presence at this year’s International Energy Conference and Expo Guyana 2023, than in 2022. Trinidad and Tobago Prime Minister, Dr. the Hon. Keith Rowley, was one of...
Guyana’s Maritime Administration Department (MARAD) issued a notice that ExxonMobil Guyana is continuing drilling operations at Fangtooth_2 within the Stabroek Block.
Fangtooth-1 unlocks new play; will ‘add significantly’ to 10-billion-barrel oil resource – Hess
This further demonstrates the Exxon-led consortium’s prioritisation...
While he acknowledges that there is a paucity of technical skills, Vice President, Dr. Bharrat Jagdeo said the country cannot wait until capacity is picture-perfect to develop the massive oil and gas resources in the Stabroek Block. The high-ranking...
Guyana’s new offshore model petroleum agreements have added a unitisation clause to treat with reservoirs that straddle multiple contract areas, or that straddle a contract area and an open area.
The clause dictates that a Contractor shall notify the Minister...
Chief Executive Officer of Hess Corporation, John Hess, said one exploration well will be drilled this year in Block 42 offshore Suriname.
Hess, Chevron and Shell, the operator, are equal stakeholders in the Block which lies north of Block 58,...
Halliburton - one of the world's largest providers of products and services to the energy industry - is preparing to tender for catering services in support of its activities in Guyana.
In a public Expression of Interest (EOI), Halliburton outlined...
