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Guyana expected to remain in good position to drive future oil...

The South American country of Guyana, buoyed by consistent exploration success, is expected to remain in a good position to drive future hydrocarbon production...

Exxon to divest $15 billion in assets by 2021 as development...

US oil major ExxonMobil is among several global giants in the oil and gas industry looking to sell assets that could fetch a total...

Oil development data could help fuel Guyana eco-tourism

A wealth of data collected during the Environmental Impact Assessment (EIA) study for ExxonMobil’s third proposed offshore development in Guyana could help boost the...

Tullow stock sinks on quality concern over Guyana crude

(Bloomberg) - Tullow Oil stock fell the most in two decades in London trading after saying it’s reassessing the commercial viability of discoveries in...

Civil society bodies willing to support interim oversight O&G mechanism

Policy Forum Guyana is among a group of civil society bodies calling for the establishment of an interim monitoring mechanism for the oil and...

Energy Department sees potential for 5th drillship operating at Stabroek block

Director of Guyana’s Department of Energy, Dr. Mark Bynoe, says potential exist for a 5th drillship to be operating at the 6.6 million acres...

SBM Offshore secures contracts for 3rd Guyana FPSO

SBM Offshore said on Thursday ExxonMobil Guyana has awarded the Company contracts to perform Front End Engineering and Design (FEED) for the Floating Production,...

Demand for OPEC crude expected to slide as Guyana, other producers...

Demand for oil from the Organization of Petroleum Exporting Countries (OPEC) is expected to slide as the oil cartel’s market share shrink in coming...

Oil to shore can be a “magnet for corruption” – Bloomberg...

An opinion piece by Bloomberg columnist, Mac Margolis, published on Tuesday, November 5, outlines a number of observations and recommendations for South America’s newest...

Guyana, Ghana companies partnering to supply workers for offshore rigs

Ghana headquartered Unicon Western Engineering Services –a subsidiary of Unicon Western Holdings –has teamed up with a Guyanese company, Amazonia Expert Services Limited, to...