Exactly two years ago today, Guyana produced its first barrel of oil, marking a historic moment that will forever change the face of this South American country. Now, the nation of just over 750,000 people is poised to become...

The Liza Destiny FPSO, Guyana’s first oil production vessel, has racked up over 800 days with no recordable incident offshore the South American country where it has been producing oil for the past 24 months. The vessel, built and operated...

Over 1,000 Guyanese worked on projects that culminated with the commissioning of the country’s first Floating Production Storage and Offloading (FPSO) vessel back in June 2019, in Singapore. Today marks two years since the SBM Offshore built and operated Liza...

Since 2015, the year ExxonMobil made its first world class discovery offshore Guyana, the company has spent more than half a billion U.S. dollars with local suppliers supporting the emerging oil and gas industry. The South American country has...

Canadian joint venture partners in two offshore Guyana blocks, CGX Energy Inc. and Frontera Energy Corporation, disclosed this week that while work is progressing on the Kawa-1 exploration well in the Corentyne Block, it is unfortunately taking longer than...

SBM Offshore, the builder and operator of floating production storage and offloading (FPSO) units operating offshore Guyana, on Wednesday celebrated five years of operations in the new oil producing South American country. The auspicious occasion was marked with the...

The landmark gas to energy project being planned by authorities in Guyana will be best run through the partnership the country has with ExxonMobil since the oil major has vast experience in delivering major projects on time and on...

South America’s hottest new basin where billions of barrels of oil discovered over the past six years have brought world-wide attention is set to deliver large volumes of gas says a former head of Suriname state oil company, Staatsolie. “Our...

(S&P Global Platts) The largest integrated US producers remain focused on deepwater production in the Americas, from the tried-and-true US Gulf of Mexico to the expanding pioneer fields offshore of Guyana, Suriname, and potentially other South American nations. Chevron and...

Norway-based Rystad Energy recently examined how an accelerated transition to cleaner fuel sources could impact oil and gas suppliers. Using its own data-driven forecasts for energy supply, the energy research and business intelligence company concluded that a rise of 1.6°C...