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FPSO awards set to bounce back next year as Guyana’s Payara,...

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Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to...

High performance from Guyana as 2020 half-year discoveries hit lowest in...

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Global discoveries of conventional resource volumes reached just 4.9 billion barrels of oil equivalent (boe) in the first half of 2020 with Guyana among...

More Guyanese women entering oil and gas – almost 400 supporting...

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A growing number of Guyanese women are entering the Oil and Gas sector as offshore operations in the South American country continue to expand...

Guyana begins to earn interest on oil revenue

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With close to US$100 million sitting in its Natural Resources Fund (NRF) account at the Federal Reserve Bank of New York, new oil producer...

19 companies shortlisted for lifting Guyana’s Liza Crude

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South America’s newest oil producer, Guyana, is one step closer to hiring a firm to market its share of Liza Crude. The Department of Energy...

Striking balance between climate, energy literacy is key – Stabroek Block...

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Signatories to the Paris Agreement are expected to significantly reduce greenhouse gas emissions so that global temperatures can be kept below two degrees celsius...

Hess hedged more than 80% of its oil for 2020, says...

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Since the onset of the COVID-9 pandemic, Hess Corporation’s response has been hinged on three key principles—preserve cash, preserve capability, and preserve the long-term...

Oil production ramps up at Stabroek Block as gas reinjection system...

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Two of the three gas handling systems are back online at the Liza Destiny FPSO resulting in a reduction in flaring and a gradual...

Explorers forging ahead in one corner of South America deepwater

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Oil majors and National Oil Companies have been left with no choice but to re-assess exploration spend in 2020 as the price of oil...

ExxonMobil back to full drill capacity at Guyana’s Stabroek Block

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Following a slowdown in drill operations offshore Guyana due to COVID-19 related measures, ExxonMobil is now back to full drill capacity at the 6.6...