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...
ExxonMobil finds more oil, increases oil resources to 10 billion barrelsSEE FULL STATEMENT ISSUED BY EXXONMOBIL: IRVING, Texas – ExxonMobil increased its estimate of the discovered recoverable resource for the...
GOGEC onboard International Energy Conference and Expo Guyana 2022The Guyana Oil and Gas Energy Chamber (GOGEC) has formed a strategic partnership with the International Energy Conference and Expo...
GYSBI to hire 150 people at career fairsIn response to the growing labour demands in the oil and gas sector, the Guyana Shore Base Inc. (GYSBI) will...
Locals being bypassed, preference given to foreign companies – GCCI complainsSee full statement from the Georgetown Chamber of Commerce and Industry (GCCI) below: The Georgetown Chamber of Commerce and...
Case to halt ExxonMobil’s operations put off until June 2022The constitutional climate case, which challenges fossil fuel production in Guyana on the grounds that it exacerbates global warming and...
GOGEC encouraged by efforts to push local content(Statement by the Guyana Oil and Gas Energy Chamber) President of the Guyana Oil and Gas Energy Chamber (GOGEC) Manniram...
Gov’t offering over 14 post-graduate scholarship programmes for oil, energy sectorsThe Government has promised to mandate quotas for Guyanese in the oil industry, to ensure they have strong avenues to...
CARICOM leaders expected at Guyana energy conferenceBy Vishani Ragobeer vishani@newsroom.stagingsites.cc Some leaders of countries in the Caribbean Community (CARICOM), alongside other high-level participants and businesses,...
GCCI embraces local partners and local content in the production of GEC-XSee below GCCI statement: The Georgetown Chamber of Commerce and Industry (GCCI) is pleased to announce its partnership with the...
Guyana exceeding nine billion barrels of oil equivalent resourcesGuyana is now expected to exceed nine billion barrels of oil equivalent resources from its oil reserves offshore Guyana following...
New oil vessel sets sail for Guyana; production to begin in 2022The Liza Unity floating, production, storage and offloading (FPSO) vessel, which will operate in the oilfields offshore Guyana, has set...
ExxonMobil finds more oil offshore Guyana in Pinktail wellIRVING, Texas– ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well...
Environmental permit granted for US $600M Vreed-en-Hoop shore base facilityThe construction of the $600 million shore base facility at Vreed-en-Hoop on the West Coast of Demerara (WCD) could get...
EPA increases charge for flaring at oil ship Flaring levels at ExxonMobil’s Liza 1 Development has been significantly reduced to six million standard cubic feet (mscfd) per day,...
‘High-level’ int’l oil and gas conference set for February- GOGECSee below the full press release from the Guyana Oil & Energy Chamber (GOGEC): The Guyana Oil & Gas Energy...
Over 2,800 Guyanese supporting Exxon’s activities in GuyanaAt the end of June 2021, a total of 2,865 Guyanese have been supporting the activities of oil giant ExxonMobil...
Close to 400 businesses register for inaugural Guyana Energy ConferenceThe inaugural Guyana Energy Conference or ‘GEC-X’ slated for February 2022 has already garnered the support of close to 400...
Int’l Energy Conference & Expo slated for Feb. 2022Come February 2022, Guyana’s vast petroleum and energy prospects will be showcased when the International Energy Conference and Expo Guyana...
