Before Guyana’s Stabroek Block hits the one million barrel per day (bpd) production mark in the next few years, the government is embarking on a massive education exercise for its people. This is to ensure citizens are equipped with...
Guyana’s Environmental Protection Agency (EPA) on Friday approved the landmark Gas-to-Energy project, based on an environmental impact assessment (EIA) submitted by ExxonMobil Guyana.
“The Environmental Assessment Board reviewed and declared the Environmental Impact Statement and Environmental Impact Assessment related to...
ExxonMobil Guyana announced Saturday that it is celebrating 365 days of ‘No Hurts’ aboard the Liza Destiny floating production, storage, and offloading (FPSO) vessel operating in the Stabroek Block.
“That’s NO injuries; No cuts, NO bruises, NO physical body damage...
Faced with the economic effects of the COVID-19 pandemic as well as the Russia-Ukraine war, energy security and affordability have now become key considerations for governments and policymakers. It is on this premise that Gerard Walsh, Chairman of Westmount...
In an effort to set the stage for a diversified economy with competitive industries, Guyana’s Senior Finance Minister, Dr. Ashni Singh, said the government will use a portion of the oil wealth to uproot historic impediments to broad-based economic growth.
Specifically,...
The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday.
It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...
Exploration drilling results for the Guyana-Suriname basin support the presence of extensive and deeper plays. This much is evident to Westmount Energy, a UK-based investment firm with exposure in several blocks in the basin.
Westmount said one only ought to...
The radical re-organisation of energy markets continues to pose a challenging task, nine months after Russia first invaded Ukraine. At a time when these markets are wallowing in thirst for crude barrels from friendly producers, Guyana’s quickly growing global...
Since its opening in 2018, Edison Chouest Offshore’s local affiliate – G-Boats – has accumulated a total of 18 vessels operating offshore Guyana in support of ExxonMobil’s Stabroek Block exploration and production activities.
Those 18 vessels have a total of 381...
For the first half of 2022, ExxonMobil Guyana and its contractors spent over US$127 million (GY$26.5 billion) on Guyanese suppliers
The Stabroek Block operator has also confirmed with OilNOW that since announcing the first commercial discovery in 2015, over US$700 million was...
