Guyana gets first oil lift from Liza Unity FPSO; sold for US$106M
The Government of Guyana, sometime between today and tomorrow, will be getting its first entitled oil lift from the Liza Unity FPSO, which started...
Guyanese-owned consortium inks pact to construct US$300M shore base facility for ExxonMobil
...project to be completed by late 2023
ExxonMobil Guyana and the Vreed-en-Hoop Shorebase Incorporated (VEHSI) on Friday signed a 20-year agreement for shore base services...
Tremendous opportunities for Guyana to export natural gas – CDB expert
…says Guyana should have enough gas for 20-to-30-year project
Guyana, which has been producing oil and gas since 2019 and which has plans to pipe...
EPA reviewing draft Parent Company Guarantee Agreement from Exxon
…optimistic of including clause allowing flexibility on US$2B guarantee
By Jarryl Bryan
The Environmental Protection Agency (EPA) is presently reviewing a draft Parent Company Guarantee agreement...
President Ali awaiting Parliament’s nominee for NRF Board
President Dr Irfaan Ali has stated that he is still awaiting Parliament to submit its nominee for the Natural Resource Fund Board after which...
Private sector bodies commend approval of Exxon’s Yellowtail Project
Two private sector bodies - the Private Sector Commission and the Guyana Oil and Gas Energy Chamber - have lauded the Guyana Government's approval...
Liza Destiny, Unity FPSOs combined could lift over US$200M worth of crude in April...
By Jarryl Bryan
For the first time in Guyana’s short oil production history, there could be as many as two oil lifts in one month,...
Stakeholders can now register grievances with Local Content Secretariat
…as mechanism created to receive complaints
The Local Content Secretariat, which is the focal point for the Government’s efforts to ensure Guyanese get a piece...
CGX to drill Wei-1 well in Corentyne block in July
– also announces plugging of Kawa-1 well
Canadian-based oil explorer CGX Resources Incorporated is set to start drilling its Wei-1 well in the Corentyne Block...
Introduction of natural gas offers largest emission reduction for Guyana – energy expert
…says opportunity now for affordability, sustainability
With Guyana moving ahead with its gas-to-shore project, this transition to natural gas will see the country recording its...