Hess Corp. to spend US$1.8B on developing Payara
Hess Corporation which holds a 30 percent interest in the Stabroek block, has disclosed that it will be expending some US$1.8B on development works...
Process to modernize legal framework for oil sector has begun-Jagdeo
In recognition of the fact that Guyana's legal framework for the oil sector needs to be updated with a great degree of urgency to...
ExxonMobil, other majors need to slash 68 billion barrels from portfolio in transition to...
As nations continue the transition to cleaner sources of energy, a recent Rystad Energy study has found that the world’s major oil producing companies...
Jagdeo knocks Harmon’s ignorance on production licence vs. Production Sharing Agreements
During an ongoing press conference at the Arthur Chung Convention Centre, Vice President, Dr. Bharrat Jagdeo exposed just how little the Opposition Leader, Joseph...
CGX fails to honour work commitments, has not drilled a well in 13 years-Jagdeo
Vice President, Dr. Bharrat Jagdeo who is responsible for oversight of the oil sector, disclosed moments ago during a press conference at the Arthur...
UK company bags US$500M contract for Payara subsea system; commits to hiring, training Guyanese
TechnipFMC, a global leader in delivering projects, products, technologies and services to the energy industry, announced today that it has been awarded a large...
Saudi Arabia, Trinidad & Tobago, China among 29 competing to market Guyana’s oil
Saudi Arabia’s Aramco Trading, Trinidad and Tobago’s National Gas Company, and China’s state-owned PetroChina, are among the 29 companies competing to market Guyana’s sweet,...
SBM Offshore moves ahead with completion of Payara FPSO ; says Guyanese engineers will...
Dutch vessel manufacturing company, SBM Offshore, was pleased to announce today that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil...
Local Content Panel to submit report in November
Once proper consultations are completed with the relevant stakeholders, the Local Content Panel which was established in August by the Irfaan Ali administration will...
Stabroek Block poised to produce 900,000 barrels of oil per day by 2025-Rystad Energy
Thanks to the discovery of more than eight billion barrels of oil equivalent resources in the ExxonMobil operated Stabroek block, Rystad Energy recently noted...
