When it comes to answering the question of a final investment decision on the TotalEnergies-operated Block 58, Suriname’s wait has been long.
And the country will have to wait at least a few months more, until 2023, for the decision.
This...
“Certain delays” have forced CGX Energy Inc. to push back the operationalisation of the massive Berbice Deepwater Port even as the Guyana government expresses concerns of the timeline of completion.
“As a result of certain delays, the Company believes it...
Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID).
Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...
The transformation of Guyana through revenues being generated from massive oil and gas production operations taking place off the country’s coast is underway. ExxonMobil, operator at the largest offshore block, along with co-venturers Hess and CNOOC, says being an...
As it continues to weigh the pros and cons of having passive ownership in a National Oil Company (NOC), the Guyana Government has said any potential partner it chooses to manage the facility would need to have “deep pockets”...
While the Guyana government has not yet decided on whether it will exclude from its upcoming oil blocks auction, international oil companies (IOCs) that already have substantial interest in oil block(s) offshore Guyana, Vice President Dr. Bharrat Jagdeo said...
Guyana is undergoing a transformation that will in the next five years, make it unrecognisable. This transformation has been deemed the dawn of a modern Guyana, according to the South American nation’s Minister of Finance, Dr. Ashni Singh.
Billions in...
Trinuyana Investments Inc., which represents a consortium of Guyanese and Trinidadian investors, has signed a contract with China Habour Engineering Company (CHEC) Ltd. for the construction of a US$50M Marriott AC Hotel. The construction is slated to begin on...
The Uaru Development Project, for which ExxonMobil is currently seeking environmental authorisation from the Environmental Protection Agency (EPA) in Guyana, could create up to 1,540 jobs, preliminary estimates indicate.
The workforce levels are disaggregated across the life cycle of the project.
According to...
Miami Herald columnist, Andres Oppenheimer says that if President Joe Biden of the United States wants to lower gas prices there, he would be better off negotiating with Guyana, rather than Venezuela.
“President Biden recently sent a team of senior...
