CGX pushes start-up of Berbice Deep-Water Port to late 2024
Canadian-based CGX Energy Inc’s Berbice Deep-Water Port (BDWP) Project continues to face delays as its start-up has once again been pushed back to later...
GRA reviewing invoices in 2nd oil audit to detect overstatements – VP Jagdeo
Following the recent detection of a false declaration on oil well equipment that was imported on behalf of ExxonMobil, the Guyana Revenue Authority (GRA)...
Gas-to-Energy Project a “win-win” for Exxon, Guyana – Darren Woods
United States oil major ExxonMobil has said it is on track to deliver natural gas from its operations offshore Guyana to land by year-end.
This...
Guyana could be exposed to $$ billions in liabilities if Govt changes 2016 PSA...
Even though the Government has maintained that its hands are tied when it comes to changing the 2016 Production Sharing Agreement (PSA) signed with...
Govt wants uniformity in non-fiscal terms before signing contracts with oil block awardees –...
The Guyana Government is expected to meet with the awardees from last year’s inaugural oil block auction to iron out the non-fiscal terms that...
More locals needed in oil & gas workforce – Min Bharrat
The Guyana Government is not satisfied with the number of locals presently employed in the oil and gas sector, considering the rapid development of...
EOIs for a model to monetise Guyana’s gas assets being reviewed – GS Jagdeo
Expressions of Interest (EOIs) for a model that will help Guyana monetise its gas assets are currently under review by the government through the...
Eco in talks with over 9 oil companies for farm-in to Orinduik Block
During a recent investor update, Eco Chief Executive Officer (CEO) Gil Holzman expressed hope that the farm-in process could be completed in 2024, with the companies drill ready by the end of the year and for a well to be spud in the next 12 to 18 months.
ExxonMobil makes 1st discovery for 2024 offshore Guyana
ExxonMobil Guyana earlier today announced its first discovery for 2024 at Bluefin in the Stabroek block offshore Guyana.
The Bluefin well encountered approximately 197 feet...
Yellowtail installation to be complete by December 2024 ahead of next year’s start-up
Ahead of the planned start-up of ExxonMobil’s fourth offshore project Yellowtail in 2025, the company is currently conducting installation activities which are expected to...