Guyana earned more profit oil than Exxon, partners last year- Vice President

  In light of a recent financial review in some sections of the media which concluded that the Stabroek Block joint venture partners made more...

ExxonMobil could be earning at least US$1.6B annually in profits by 2024

Once the Liza Phase One, Two, and Payara on stream simultaneously in 2024, American oil giant, ExxonMobil is expected to rake in at least...

New Orinduik Targets to be selected by end of third quarter -Eco Atlantic

Eco (Atlantic) Oil & Gas Ltd, the exploration company with a license in the proven oil province of Guyana, specifically, the Oriduik Block, has...

Guyana could use portion of oil wealth to boost Caribbean’s effort on climate change-Int’l...

  With Guyana’s oil production moving to 340,000 barrels per day following the commencement of operations at the Liza Unity FPSO, the country is projected...

US$13M FPSO facility simulator commissioned at National Technical Training College

To bolster the oil and gas training landscape in Guyana, a cutting-edge US$13 million floating, production, storage and offloading (FPSO) facility simulator, named FacTor...

SBM Offshore hosts RFP clarification session for companies

Dutch floater specialist, SBM Offshore Guyana hosted a Request for Proposals (RFP) Clarification session today for companies seeking to respond to its recently published...

Eco Atlantic potentially sitting on 600 million barrels of recoverable oil -Berenberg Bank

Berenberg Bank, one of the world’s largest multinational investment banks, reported that one of its most attractive merger and acquisition targets, Eco Atlantic, is...

Don’t wait for Petrobras to come calling; do your own homework — Dr. Mangal...

Brazil’s state-owned Petrobras recently handed over a strategic oil and gas plan to Guyana’s government and also signaled its interest to operate in Guyana’s...

Petroleum Commission Bill still languishing in Select Committee

The Petroleum Commission Bill which will pave the way for the establishment of a regulatory body for the oil sector is still stuck in...

ExxonMobil Guyana gets production licence for Fifth Offshore Guyana Development

ExxonMobil disclosed moments ago that it made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals....

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