Govt wants fast approval for Whiptail, but will not compromise on assessments – VP...
With approval still pending for the Field Development Plan (FDP) for the Whiptail Project, Vice President Bharrat Jagdeo said while the Government wants to...
Govt confirms 20% relinquishment of Stabroek Block complete
See full statement from the Ministry of Natural Resources:
Following a recent article published in the media concerning the 20% relinquishment of the Stabroek Block...
Exxon catering for possibility of further gas beyond Liza Phases 1 & 2
– Gas-to-Shore Project Manager says tie-ins being designed
While the plan is to pump in gas from the Liza Phase 1 field for the Gas-to-Shore...
“The reality is there is less available capital” – Ali on sourcing finance for...
The bugbears faced by companies to invest in the oil and gas sector will create a negative effect on the rollout of the industry...
Sispro Inc sole Guyanese company among giants to bid for oil block
By Jarryl Bryan
Guyana’s historic oil blocks’ auction, which concluded last week, is notable not only for the plethora of international companies that participated...
Liza Phase 1 producing 10% above design capacity – ExxonMobil Chairman
…reports $17.9B earnings in second-quarter 2022
United States oil major ExxonMobil has increased its production capacity offshore Guyana to more than 340,000 oil-equivalent barrels per...
Guyana gets higher returns than oil companies from Stabroek Block – MNR
Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, Guyana has been receiving a higher return...
Local content laws: GCCI denounces practice of “sham” partnerships in private sector
While Guyana’s progress with local content has been remarkable, the Georgetown Chamber of Commerce and Industry (GCCI) on Saturday had cause to issue a...
ExxonMobil Guyana “evaluating next steps” after High Court ruling on insurance coverage
United States-based oil major, ExxonMobil Guyana said it is now examining its next steps following the recent ruling by the High Court in Georgetown...
90% of equipment for GTE project already in Guyana – Lindsayca
Chairman of Lindsayca Guyana Inc., Nelson Drake on Wednesday noted that 90 percent of the equipment for the Gas to Energy (GTE) Project in...



































