Guyana’s oil too attractive to be daunted by pandemic-Veteran investor
Even though the COVID-19 pandemic has unleashed unprecedented pains on major oil producers while putting billions of dollars in offshore projects on hold, Guyana...
Guyana must avoid “biting more than it could chew” with local content law -Analyst
While the government has already indicated that it expects to see more local content inputs from ExxonMobil and other industry players following the introduction...
Noble Corp. secures extended contract for drilling offshore Guyana
Noble Corporation plc recently announced that its ultra-deepwater drillship called the Noble Tom Madden, has been awarded approximately 6.5 years of additional contract term...
Hess sells Gulf of Mexico interest for US$505M, proceeds to be invested in Guyana...
American exploration and production company, Hess Corporation, informed the market today that it has entered into an agreement to sell its 28 percent working...
ExxonMobil’s safety drilling and production operations to undergo rigorous audit this year- Production Licence
Drawing on the lessons learnt from the award of petroleum production permits with ambiguous terms and loopholes for abuse, the People’s Progressive Party /...
Guyana eliminating use of fossil fuels by 2025 impossible; Granger’s commitment to Paris Pact...
By Suraj Narine
Guyana’s commitment under the Paris Agreement on Climate Change to become one hundred percent reliant on renewable energy by 2025 is impracticable....
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...
