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...
Guyana to field 100-member delegation to OTC 2023 in Houston
Private Sector companies and associations in Guyana are currently preparing for the 2023 Offshore Technology Conference in Houston, Texas.
The Guyanese delegation, led by Chief...
Guyana learning from good & bad examples of other oil producers – Pres Ali
The fact that Guyana, despite its inexperience, has been able to implement policies to govern the oil and gas sector that some of the...
Gas-to-Energy project progressing smoothly; Pres Ali says will provide major economic benefits for Region...
President, Dr Mohamed Irfaan Ali on Saturday, inspected the ongoing preparatory works for the Wales Gas-to-Energy project in Region Three (Essequibo Islands-West Demerara).
The President,...
New model PSAs: Oil companies will be required to develop excess gas
…must complete feasibility studies within 2 years of submitting plan
While priority will be given to using gas in oil production, such as for reinjection...
Artificial island: Shore base partners looking to expand by adding commercial shipping access
…in talks with oil & gas companies, commercial shippers
Vreed-en-Hoop Shore base Incorporated (VESHI) – the consortium of local companies currently developing an artificial island...
Guyana to seek bilateral deals for remaining oil blocks, Exxon’s relinquished areas – VP
…says no agreements signed so far
Having decided not to pursue setting up a national oil company in Guyana, Government is turning to its bilateral...
No regrets about APNU/AFC’s “lopsided” PSA with ExxonMobil – Ramjattan
Despite continuous criticisms over the Production Sharing Agreement (PSA) between the Guyana Government and ExxonMobil that was negotiated under the previous Administration, Leader of...
Oil & gas sector accounts for US$700M spent annually in Guyana
The oil and gas sector, which continues to grow amid Guyana’s reputation as the fastest growing economy, is responsible for approximately US$700 million in...
GYSBI’s 700-plus workforce 95% Guyanese
…company reports 1000 days of no lost time injuries
Since the company started servicing oil major ExxonMobil and its operations offshore, the Guyana Shore Base...

































