IHS Markit “Final” Audit Report for the Stabroek Block Cost Recovery Audit – 1999 – 2017
Executive Summary IHS Markit (IHSM) has been engaged by the Government of Guyana (GoG) to independently audit the cost recovery claim submission by Esso Exploration and Production Limited (EEPGL) for the period between 1999 and 2017 within the Stabroek Contract Area that amounts to a total of $1,677,774,727 in accordance with the prevailing Production Sharing […]
Whiptail Environmental Permit
Whiptail Petroleum Production Licence
VHE’s “Initial” Audit Report for the Stabroek Block Cost Recovery Audit – 2018 to 2020
Introduction and BackgroundOn June 27, 2016, the Government of the Cooperative Republic of Guyana (GoG) entered into thePetroleum Agreement with Esso Exploration and Production Guyana Limited (EEPGL), CNOOCNexen Petroleum Guyana Limited, and Hess Guyana Exploration Limited for the purposes ofpetroleum operations and producing oil and gas in the offshore waters of Guyana. Esso, CNOOC,and Hess […]
Retraction of 2020 guidelines will not affect EIAs – EPA assures
Candacie Brower-Thompson, EPA’s Senior Environmental Officer, addressing members of the public at a scoping meeting on July 9 for Guyana’s proposed gas-to-energy project. (Photo Courtesy OilNow) (OilNow) As public scoping meetings continue in Guyana ahead of the Environmental Impact Assessment (EIA) for the US$900 million gas-to-energy project, some concerns have been raised about the move […]
Guyana looking to establish beneficial ownership register
Guyana’s Minister of Natural Resources, Vickram Bharrat has revealed that the Government is moving to create a beneficial ownership register. This was disclosed during his address to Guyana Extractive Industry Transparency Week (GYEITW) on Monday. Mr. Bharrat told the virtual participants that the government has issued a request for proposals to solicit expressions of interest […]
Guyana regulators internationally trained to measure crude lifts
A tag being placed on the Liza Destiny FPSO fuel meter by the Guyana National Bureau of Standards. The tag protects and maintains the integrity of the system. Guyana’s multi-billion-barrel hydrocarbon discoveries and the start of oil production operations have seen institutions playing being trained to monitor and regulate a sector that was practically non-existent […]
Exxon to pay US$1.3M for excess flaring –Vice President
Vice President, Hon. Dr. Bharrat Jagdeo Vice President, Hon. Dr. Bharrat Jagdeo today said the Government expects to rake in about US$1.3 million in fees from ExxonMobil for excess flaring. This was revealed during a press conference at the Arthur Chung Conference Centre, on Thursday. The Vice President said Exxon’s local subsidiary, Esso Exploration […]
EPA Issues a Modified Environmental Permit to EEPGL for the Liza 1 Project
The Environmental Protection Agency (EPA) wishes to advise that the Environmental Permit for the Liza 1 Development Project, Offshore Guyana, was recalled and modified to include specific regulatory requirements for flaring of associated gas offshore Guyana, in accordance with the EPA’s legislation. Due to technical issues offshore Guyana, Esso Exploration and Production Guyana Limited (EEPGL) […]
Notice to the Public – Yellowtail Development Project
Esso Exploration and Production Guyana Limited (EEPGL)has submitted an Application to the Environmental Protection Agency (EPA) for Environmental Authorisation to undertake the following project: Yellowtail Development Project of Production Facilities for Petroleum Production within the Stabroek License Area, Offshore, Guyana. The proposed project will be implemented in multiple stages including: wellsdrilling and completions, mobilization and installation of […]