The excitement surrounding Guyana’s 2022 auction has caught up to investment firm Westmount Energy Limited and all eyes are on South America’s rising oil star.  “...the launch of the 2022 Guyana Licensing Round, under less benign fiscal terms, may bring...

The MADAM KALINA and A’RINRA are the newest editions to Edison Chouest Offshore’s (G-Boat) local fleet. Now, the company has a total of 22 vessels operating in Guyana’s offshore Stabroek Block.  The total Guyanese staff complement has ballooned to over...

For six consecutive years, Stabroek Block operator ExxonMobil has been supporting the Caribbean Premier League (CPL) - the biggest party in sport - which has seen Guyana raking in big bucks just last year alone.  Exxon was also the exclusive...

The Environmental Assessment Board (EAB) arm of Guyana’s Environmental Protection Agency (EPA) held a hearing on March 22 on appeals filed to challenge the Agency’s decision to not require a separate Environmental Impact Assessment (EIA) for a proposed 300...

Halliburton will be using its DecisionSpace® 365 Well Construction applications powered by iEnergy® Hybrid Cloud to plan, design, and construct safe, cost effective, and productive wells for Hess Corporation - the 30% stakeholder in Guyana’s prolific Stabroek Block.  Halliburton said...

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...