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Liza Destiny FPSO sails in on tide of good fortunes for...

Along with its arrival, the 120,000 bpd Liza Destiny FPSO has brought with it good tidings, hope and an opportunity for a brighter future...

Energy Dept. prepping for early oil production

The early arrival of Guyana’s first floating oil production complex could fast-track the South American country’s move to first oil and the Department of...

Energy Department wants oil money to be used for ‘no-regrets investments’

Guyana’s Department of Energy wants oil revenue to be used to pursue investment initiatives that are feasible and intends to advise government against plugging...

Guyana to set up Local Content Compliance Unit to validate information...

The Guyana Government has announced plans for the imminent establishment of a Local Content Compliance Unit to validate information submitted by oil companies operating...

Revised model PSA targeting future licensing rounds – Energy Department confirms

Guyana’s President, David Granger has made it clear that his APNU+AFC coalition administration respects the sanctity of contracts. This is a position the Department...

Guyana says Qatar Petroleum farm-in ‘substantially unclear’

Hours after Qatar Petroleum announced that it had entered into an agreement with Total for a share of exploration and production rights in two...

Stakeholders to review final draft of local content policy

Private sector groups and other stakeholders in Guyana will soon receive the final draft of the local content policy framework for review. Speaking at a...

Tender to be put out soon for marketing Guyana’s share of...

The Guyana government will be selling its own share of crude when production starts at the Liza Phase 1 Development project, just months away,...

Investors not attracted to risky basins; Guyana will seek larger share...

While the terms of the Production Sharing Agreement (PSA) Guyana has with ExxonMobil for its Stabroek acreage remain in the spotlight, the head of...

Guyana oil development unaffected by political tug-of-war

As political uncertainty in Guyana intensifies following a court ruling on Tuesday that paves the way for early elections, oil development offshore remains firmly...