The Energy Chamber of Trinidad & Tobago (ECTT) and Suriname state oil company Staatsolie Maatschappij Suriname N.V. (Staatsolie) have signed a Memorandum of Understanding (MoU) to collaborate on building health, safety and environmental (HSE) capacity in the Surinamese oil...
The Inter-American Development Bank (IDB) expects the mega deepwater oil discoveries offshore the South American country of Guyana will keep growing in the coming years as more companies explore for hydrocarbon resources.
The number of companies operating in the offshore...
Hess Corporation, a 30 percent stakeholder in Guyana’s Stabroek Block, has said the South American country is a major part of its growth plans in the coming years and this has seen the company take a number of steps...
Oil production in Guyana is expected to rapidly increase in the coming years as more developments are sanctioned, and floating production storage and offloading units (FPSO) come online. Norway-based Rystad Energy expects this output to hit peak in the...
The decision to flare the associated gas from the offshore oil production operations in Guyana was the most practical option available when challenges were encountered with the reinjection system on the Liza Destiny FPSO. The alternative could have been...
A pioneering Liquefied Natural Gas (LNG) distribution company in Guyana is positioning itself to reap substantial benefits from the planned gas to shore project which authorities in the South American county are looking to have operational over the next...
Even as the world buckles from the impact of the global pandemic, oil exploration and production operations continue at full speed in the South American country of Guyana where in recent weeks there has also been an uptick in...
As Guyana is poised to become one of the fastest growing economies in the world as a result of the massive oil discoveries made offshore, the move by the newly installed government to liberalise the country's telecommunications sector after...
Even with plummeting demand due to the global pandemic and the move towards renewables, experts believe that oil and gas will still remain the primary source of energy in the years to come, which is good news for new...
Norway-based Rystad Energy said in a new report it expects offshore investments to rebound from 2021 with 40% of spending linked to construction of new floating facilities.
According to the Rystad Energy analysis, budgets will be cost-wary, and among Asian...
The partnership between the Iwokrama International Centre for Rainforest Conservation and Development and ExxonMobil Guyana is delivering measurable results...
