IMF says oil GDP to grow 100 % in 2022; renews call for prudent...
With the Liza Destiny and Liza Unity FPSOs producing over 370,000 barrels of oil per day, the International Monetary Fund (IMF) has predicted that...
ExxonMobil’s success motivates Tullow Oil to drill first well by third quarter of 2019
With its Orinduik license bordering ExxonMobil’s wealthy discoveries offshore Guyana, Tullow Oil is motivated to drill its first well in Guyana’s offshore basin in...
ExxonMobil in final stage of testing for Liza Destiny’s upgraded gas compressor system
Following the safe reinstatement of the repaired and upgraded components of the flash gas compression system, ExxonMobil announced moments ago that the team onboard...
Guyana Govt. urges Venezuela to cease threats, adhere to int’l obligations
The Guyana Government has issued a formal response to a concerning communique released by the Government of the Bolivarian Republic of Venezuela which objected...
Venezuelan migrants are new pawns in an emerging oil giant’s political tug-of-war
Venezuelans seeking greener pastures are now being placed at the centre of a controversy as two major political parties battle for power in Guyana,...
UG struggling to meet demand for engineers- Vice Chancellor
With Guyana’s oil-driven economy expanding rapidly, the demand for engineers has grown significantly, with tertiary institutions struggling to churn out graduates at scale to...
Crude Highlight of the Day
Despite the low price environment, Hess Corporation was able to lock in US$43.26 a barrel for Guyana’s oil due to hedging. Excluding Hedging, the...
Govt. to initiate review of strides made with Guyana’s Local Content Law
At the Tuesday opening of the a Local Content Summit, President, Dr. Irfaan Ali assured that steps will be taken to review and enhance...
TechnipFMC initiates expansion in Guyana to further support Exxon’s projects
TechnipFMC, a global leader in oil and gas projects, has taken a significant step forward in bolstering its support for ExxonMobil's operations offshore Guyana...
Govt. defends use of former Canadian politician for Payara review amidst concerns about her...
The Ministry of Natural Resources has come out in defence of its decision to hire former Premier of Alberta, Alison Redford amidst concerns that...
