Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore investment decisions, pointing to Guyana as a market already moving quickly.
Abramov spoke during a Rystad...
Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day (MMcf/d), underscoring the country’s emergence in the floating production, storage and offloading (FPSO) segment.
In a...
Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand Guyana’s non-oil economy and strengthen long-term competitiveness. This is according to Dr. Peter Ramsaroop, Chief Investment Officer and CEO of...
Have you ever wondered what the much-discussed Berbice-focused gas development in Guyana is really about? Here’s what we know so far.
The Berbice Gas Development
The Berbice gas development is a potentially large-scale project aimed at producing and piping mainly non-associated...
Dr. Peter Ramsaroop, Chief Executive Officer of the Guyana Office for Investment (Go-Invest), said oil and gas revenues being generated through activities at the Stabroek Block are creating the fiscal space for Guyana to build artificial intelligence (AI) infrastructure...
The Ministry of Natural Resources late Tuesday said Guyana’s oil reserves remain at about 11 billion barrels, rejecting claims that updated figures were being withheld from the public.
The statement responds to a February 24, 2026 article by Kaieteur News...
ExxonMobil will invest US$100 million over the next decade to strengthen science and technology education in Guyana, Chairman and Chief Executive Officer Darren Woods announced Monday at State House.
The announcement was made during a Republic Day reception hosted by...
Guyana is planning another 300-megawatt (MW) gas-fired power plant, this time in the Berbice region, Dr. Mahendra Sharma, Chief Executive Officer of the Guyana Energy Agency (GEA), said.
During a panel discussion at the Guyana Energy Conference last week, Dr....
The Government of Guyana will expand dredging efforts in the Demerara River to create the depth needed for larger vessels, as port capacity expands to meet rising demand from oil and gas activity offshore.
Minister of Public Utilities and Aviation...
Guyana has emerged as a key contributor to global oil production at a moment when the industry faces a critical need for additional supply, Simon Flowers, Chairman of Wood Mackenzie, said on February 17 at the fifth Edition of...
