Stabroek Block operator ExxonMobil and its partners have made a double discovery – now a total of seven discoveries for the year 2022.
The discoveries were made at the Seabob and Kiru-Kiru wells, southeast of the Liza and Payara developments.
The...
Rystad Energy’s Senior Vice President and Head of Latin America and the Caribbean, Schreiner Parker, said the emissions intensity from Guyana’s offshore operations is among the best performing in the world. He said it is outpacing 75% of global oil...
With the energy transition in full swing, emphasis is being placed on making the global upstream industry more sustainable. To do this, the focus has to be on abundant oil and gas resources in locations with access to low-cost...
Hospitality is one of the fastest growing sectors in Guyana. One businessman, Robert Badal, recently said that the Guyanese public hears an announcement of a new hotel project every week.
In the span of just four days this past week,...
Caribbean Subsea Specialist Inc., (CSSI) a Guyanese majority-owned subsea services company has entered the country’s market, promising to bring world-class training to the oil and gas sector.
Launched on Thursday evening, CSSI’s Operations Coordinator, Dylan Galt, said that the company...
The Guyana Government on Thursday submitted to the National Assembly, a request for supplementary funding totaling GY$44.7 billion for the fiscal year 2022. Of that sum, GY$332.6 million (nearly US$1.6 million) is being sought for withdrawal from the Consolidated...
Bolstered by ExxonMobil’s industry leading production and development pace in the Stabroek Block, Guyana’s oil and gas revenues are on track to break the US$1 billion mark this year and accelerate to US$7.5 billion annually in 2030, research by Rystad Energy shows.
The independent...
SBM Offshore, the company building and operating floating production storage and offloading (FPSO) vessels for oil production activities offshore Guyana, is looking to fill multiple positions for its local operations.
In a public notice, the company said it is looking...
Guyanese businessman and Accountant Floyd Haynes opened the New Hayven Merchant Bank on Thursday at the Marriott Hotel. The Bank's office is on Church Street in Georgetown.
Under the banner ‘Guyanese Roots, Globally Connected’, the new bank will have firsthand...
Builder of Guyana’s floating production, storage and offloading (FPSO) vessels, SBM Offshore, announced Thursday that it completed project financing for the ONE GUYANA vessel to be used for the Yellowtail project.
The FPSO project costs US$1.75 billion; SBM Offshore said...
