Analysis of EEPGL, HESS and CNOOC’s 2022 Financial Statements
Summary
Guyana’s net take inclusive of local content spend together with the government’s take cumulatively as of 2022 amounted to G$697.7 billion or US$3.34 billion...
EPA serves Exxon with enforcement notice for unlimited parent company guarantee for Liza Phase...
The Environmental Protection Agency (EPA) has "meticulously and precisely" complied with a High Court order to serve ExxonMobil’s local affiliate, Esso Exploration and Production...
G-Boats launches ‘Madame Kalina’ and ‘A’rinra’ tugboats to propel offshore operations
G-Boats Guyana, a notable joint-venture between John Fernandes Limited and United States-based company Edison Chouest Offshore, has successfully launched two prominent tugboats, Madame Kalina...
Int’l Society of Petroleum Engineers to host workshop on development of resources in Guyana/Suriname...
The Society of Petroleum Engineers (SPE) International is set to host a workshop focused on the Guyana/Suriname Basin under the theme, "Strategic development of...
Govt. approves 13 more Local Content Annual Plans
The Ministry of Natural Resources (MNR) recently granted its approval to 13 additional Local Content Annual Plans for the reporting year of 2023. This...
Joel Bhagwandin challenges Tom Sanzillo on his “perplexing” oil spill modelling for CARICOM territories
Dear Editor,
I am writing in reference to an article published in the Sunday May 28th edition of the Kaieteur News, with the caption “Countries...
Fiscal terms of draft model PSAs will not change – VP
No amount of dissatisfaction expressed by oil companies about the draft model Production Sharing Agreements (PSA) will result in any altering of the fiscal...
Guyana eyes collaboration with Suriname on gas development- Jagdeo
Vice President Dr. Bharrat Jagdeo disclosed today that the country’s National Gas Strategy will encompass a comprehensive examination of key areas, including the potential...
US$2B Parent Company Guarantee relative to size of Exxon’s Operations here
Dear Editor,
I have noted an article in today’s edition of Kaieteur News (May 25th, 2023), citing Tom Sanzillo who argued that he finds it...
US Subsea Solutions Provider Secures Contract for to supply connection systems for Gas-to-Energy Project
Trendsetter Engineering Inc., a distinguished subsea solutions company based in Houston, Texas, has been awarded a contract to supply TC11 Connection Systems to ExxonMobil...