Guyanese should be able given a chance to participate in oil blocks auction- Jagdeo

Even as the modalities for Guyana’s first oil blocks auction are still being worked out, Vice President, Dr. Bharrat Jagdeo has indicated his openness...

Oil Blocks auction pushed to fourth quarter – VP Jagdeo confirms 

Guyana’s highly anticipated offshore oil blocks auction has been pushed to the fourth quarter says Vice President, Dr. Bharrat Jagdeo. The former Head of...

Norwegian firm wins contract for seismic services offshore Guyana

Magseis Fairfield, a leading provider of ocean bottom seismic systems and services, disclosed today that it signed a contract with ExxonMobil Corrporation's subsidiary, Esso...

LETTER: PPP never promised renegotiation of ExxonMobil 2016 deal 

Dear Editor, There is a common folk aphorism in Guyana – if ya mek yaself grass, cow gon lay down pun ya! In this my...

Frontera nets US$13.5M profit in second quarter; eyes increased investments in Guyana   

Frontera Energy Corporation, the Canadian company which farmed into the Corentyne Block in 2019 and now works alongside CGX Resources inc., said today that...

CGX racks up US$6.8M loss in 6 months 

The first half of 2022 has turned out to be another losing period for CGX Energy Inc. which holds a working interest in the...

Guyana to be flush with over US$150B in oil revenues by 2040 – Rystad...

Guyana’s future is projected to be flush with over US$150B in oil revenues by 2040 as she would have more than seven Stabroek block...

TechnipFMC secures major contract for Guyana’s Gas-to-Energy Project

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has contracted global leader in subsea in surface projects, TechnipFMC to provide engineering, construction and...

Guyana has US$600M insurance coverage for every oil spill; APNU+AFC gave out two licences...

Attorney General and Minister of Legal Affairs, Anil Nandlall S.C believes due credit must be given to the PPP/C Administration for taking prompt action...

ExxonMobil banks record-breaking quarterly profit totalling US$17.9B   

Guyana's largest and most critical oil exploration and production partner, ExxonMobil Corporation, announced this morning that it was blessed with yet another quarter of...

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