Just a little over six years ago, Guyana’s economic prospects were based entirely on its traditional sectors such as gold, diamond, other mineral production, forestry and agriculture. Oil and gas production played no role in the country’s development. Then...
A delegation from Guyana is in Houston, Texas, for the flagship Offshore Technology Conference (OTC) scheduled to be held from August 16 – 19 this year. OTC focuses on exchanging technical knowledge relevant to the development of offshore energy...
Updated August 15, 2021
Over 100 exploration wells are expected to be drilled in South America outside Brazil over the next 5 years and Norway-based Rystad Energy has said most of the action could be found off the northern shelf...
The world-renowned American Petroleum Institute (API) will be assisting Guyana in the adoption of good petroleum management standards for the development of the local oil and gas industry.
Towards this end, API signed a memorandum of understanding with the Guyana...
Guyana’s appetite for Floating Production Storage and Offloading (FPSO) units to produce its massive oil reserves is growing as more developments come on stream at the ExxonMobil-operated Stabroek block.
This demand for FPSOs was most evident recently with two Guyana...
The deepwater plays in Guyana, Brazil and Mexico will provide significant opportunities for these countries to help meet the oil and gas demand in coming years as supply shortfalls due to energy transition trends take hold.
"Demand for oil will...
Newly appointed Executive Director of the Environmental Protection Agency (EPA), Mr. Kemraj Parsram says the agency is working to improve, enhance and build its capacity and it plans to introduce real time technology, which can assist its monitoring of...
Oil and gas exploration activities offshore Guyana take place at significant depths with the Tanager-1 well spudded on the Kaieteur block being the deepest well ever to be drilled so far by ExxonMobil off the South American country’s coast.
Tanager...
Houston-based Talos Energy Inc. is looking for other growth opportunities which include places outside the Gulf of Mexico. The company is still doing everything to maximize value in its Zama discovery in Mexico after the authorities granted operatorship to state...
Brazilian state-led oil company Petrobras plans to drill two wells in the sensitive Foz do Amazonas Basin in an attempt to replicate the massive offshore discoveries made in neighboring Guyana and Suriname, but still needs to win permits from...
