Oil & Gas
ExxonMobil Guyana completes purchase of ‘One Guyana’ FPSO ExxonMobil Guyana Ltd has completed the purchase of FPSO ONE GUYANA from SBM Offshore, finalising the transaction ahead of the unit’s maximum lease term, which was due to expire in August 2027. The completion was announced on Tuesday in Amsterdam, with SBM Offshore confirming that ExxonMobil Guyana will now assume ownership of the floating production,...
BUDGET 2026: Massive $119.4 billion allocation for continued ‘overhaul’ of energy sector Continued investments in the Gas-to-Energy project, a major expansion of the power lines and GPL’s overall electricity grid, and more...
BUDGET 2026: With 260 lifts, oil fund closes 2025 at US$3.25BGuyana’s Natural Resource Fund (NRF) recorded inflows of more than US$2.4 billion in 2025, driven by increased crude oil production...
Caribbean activists want regional talks on potential impacts of Guyana’s oil productionBy Vishani Ragobeer vishani@newsroom.stagingsites.cc Caribbean activists, fearful of the risk to Caribbean islands from any potential oil spill in Guyanese...
UG, Energy Chamber & energy company join forces to train Guyanese for oil sectorThe Guyana Oil and Gas Energy Chamber (GOGEC) has signed a Memorandum of Understanding (MoU) with the University of Guyana...
Guyana, Suriname champion payments to save forests at global summitBy Vishani Ragobeer vishani@newsroom.stagingsites.cc The Presidents of Guyana and Suriname have made a fervent appeal at the United Nations climate...
Canadian diplomat discusses trade, investment with Guyana Oil & Gas Energy ChamberPresident of the Guyana Oil and Gas Energy Chamber (GOGEC) Manniram Prashad met with the Canadian High Commissioner Mr. Mark...
Jagdeo says some local content recommendations could shut down industry A draft of Guyana’s local content policy has been in the public domain for some time but the government earlier...
Amendment of Petroleum law, oil & gas auditing among long term collaboration with GhanaGuyana will continue to utilise Ghana’s experience and expertise as the country seeks to amend its 1986 Petroleum Act, inspect...
Gov’t eyes auctioning oil blocks next year; to ensure companies eventually give up control of blocksBy Vishani Ragobeer vishani@newsroom.stagingsites.cc Guyana will be seeking to sell its oil blocks, including those that it is expected to...
Ghana team arriving tonight; VP Jagdeo defends use of country’s expertiseA team from Ghana, including the country’s Deputy Minister of Energy Andrew Mercer, will be arriving in Guyana tonight as...
Guyana gets help from UAE for deep water harbourThe government is pursuing the development of a deep water harbour in the Atlantic Ocean to accommodate large vessels, a...
Guyana heading into climate talks with new ‘realistic and achievable’ targetsBecause there have been few investments made over the past few years to build out Guyana’s renewable energy generation capacity,...
The best of both worlds? Guyana wants to be a low-carbon oil producerBy Vishani Ragobeer vishani@newsroom.stagingsites.cc Some 200 kilometres offshore Guyana, a second oil ship sailed in this week as ExxonMobil looks...
Oil production start-up with second ship remains at ‘early 2022’The start-up of oil production using the Liza Unity, the second floating, production, storage and offloading (FPSO) vessel, is still...
BREAKING: Second oil ship arrives in Guyana ahead of schedule The Liza Unity, the second floating, production, storage and offloading (FPSO) vessel which will operate in the giant oil fields...
Oil-Rich Guyana eyes 135-mile undersea gas pipeline – says Go-Invest Head(Bloomberg) Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest...
Dr. Singh urges Guyanese to capitalise on job opportunities in oil and gas sectorSenior Finance Minister Dr. Ashni Singh on Sunday visited the Guyana Shore Base Inc. (GYSBI) Career Fair at the Uitvlugt...
Benn concerned about foreigners taking up positions Guyanese qualified forMinister of Home Affairs Robeson Benn on Friday said there will be an investigation into foreigners who come into the...
Dolphins, whales among animals found offshore by Guyanese teamBy Vishani Ragobeer vishani@newsroom.stagingsites.cc A team of 10 young Guyanese spent six days offshore Guyana identifying the larger animals found...
With new oil find, Gov’t again pledges to enhance local content, transparencySee statement below from Ministry of Natural Resources on new oil find: Guyana currently has the 3rd highest oil reserves...
