News
Latest News impacting the Oil and Gas Industry in Guyana
- 12-May-2021
Fabrication of topsides for Guyana’s 3rd oil produ…
(Oil Now) Work on Guyana’s 3rd oil production vessel is progressing on schedule in Singapore, SBM Offshore said in its Q1 trading update on Wednesday. The Dutch floater specialist has been forging…
- 03-May-2021
Exxon to change compressor manufacturer on Liza…
-to prevent flaring at future projects -Minister Bharrat Minister of Natural Resources, Hon. Vickram Bharrat said ExxonMobil’s local subsidiary, Esso Exploration and Production Guyana…
- 29-Apr-2021
Open bidding process for the awarding of new oil b…
– Says Government may consider managing some blocks His Excellency Dr Irfaan Ali said that when the Government is ready to award new oil blocks, the process will be done transparently to…
- 29-Apr-2021
Government will fully support locals to become com…
– Recommits to increasing capacity through training, certification His Excellency Dr Irfaan Ali, yesterday, reiterated that the Government will continue to invest in citizens and local…
- 29-Apr-2021
Exxon strikes oil at Uaru-2 well
–estimated recoverable resources to surpass 9 billion barrels –at least six projects, 10 FPSOs to be active in Guyana’s waters by 2027 (Guyana Chronicle) ESTIMATED recoverable resources at the…
- 28-Apr-2021
Locals must actively pursue opportunities in oil s…
-says Dr. Singh Senior Minister in the Office of the President with responsibility for Finance, Hon. Dr. Ashni Singh says local business people and companies must actively seek opportunities…
- 28-Apr-2021
EXXONMOBIL MAKES NEW OIL DISCOVERY AT UARU-2 OFFSH…
ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block…
- 27-Apr-2021
Gas pipeline to be funded from cost oil, project p…
(OilNow) Head of Guyana’s Gas to Power Generation Taskforce, Winston Brassington, revealed on Monday that the current estimates for the project which is expected to deliver affordable power to the…
- 26-Apr-2021
Exploration drilling continues at Koebi-1
(OilNow) The Stena Carron rig is resuming drilling operations at the Koebi-1 prospect in the prolific Stabroek Block offshore Guyana after an initial operation at the well site in March. The…