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 agrees to pay EPA for excess gas flaring offshoreAfter flaring significant amounts of gas due to issues with its gas compressor abroad the oil production vessel offshore Guyana,...
Partnership formed between Guyana and Ghana Oil ChambersA partnership was formed between the Guyana Oil and Gas Energy Chamber (GOGEC) and the Ghana Upstream Petroleum Chamber to...
GuySuCo prepares itself to benefit from oil and gasDe-silting of the river channel alongside the Guyana Sugar Corporation’s (GuySuCo) largest berthing facility located at the Demerara Sugar Terminal...
Jagdeo reaffirms viability of gas to shore project; savings of US$150 million per year on country’s fuel billBy Shikema Dey The multi-billion-dollar plan to bring gas from offshore Guyana is a viable one to solve Guyana’s energy...
Oil and gas: India in talks with Guyana for long-term crude supply – MinisterBy Neil Marks and Nidhi Verma (Reuters) – India, the world’s third-largest crude consumer and importer, has approached Guyana’s government...
Exxon’s trouble with gas compressor did not affect Guyana’s crude lift – Natural Resource MinistryExxonMobil Guyana’s latest trouble with its flash gas compressor did not affect Guyana’s second oil lift for 2021, the Government...
Oil and gas: US$16M expansion nearing completion at Guyana Shore BaseThe Guyana Shore Base (GYSBI) is nearing completion of a US$16 million expansion project at its Houston, East Bank Demerara...
ExxonMobil slashes production by 90,000 barrels after more trouble with gas compressorExxonMobil’s Guyana office on Tuesday afternoon said it had reduced production to just 30,000 barrels because of another problem with...
Bharrat urges locals to enhance skills in oil and gas sectorGuyana’s Natural Resources Minister, Vickram Bharrat, has charged locals to enhance their skills and build capacity to increase their eligibility...
Flaring at Liza Destiny vessel back to pilot level as damaged gas compressor reinstalledFlaring at the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel has been reduced to the pilot level, ExxonMobil...
Assuria to construct G$800M HQ as it expands in GuyanaNine years after investing in Guyana, Surinamese company, Assuria General and Life Insurance Companies is now expanding its operations here...
American Petroleum Institute certification for local businesses in oil and gas sectorThe American Petroleum Institute (API) has signed a Memorandum of Understanding (MOU) with the Centre for Local Business Development (the...
Repairs to gas compressor complete; Exxon says no link between oil production and damageExxonMobil’s management team in Guyana on Thursday said that repairs to a faulty gas compressor from the Liza Destiny Floating...
Guyana Oil and Gas Energy Chamber names Board of DirectorsThe Guyana Oil & Gas Energy Chamber has announced the appointment of its Board of Directors. The Executives are: ...
PSC, GMSA wants local businesses to benefit from oil and gas opportunitiesSee below a joint statement issued by the PSC and GMSA: The Private Sector Commission and Guyana Manufacturing and Services...
World-class oil and gas institute to be built in GuyanaThe Government of Guyana has begun discussions to build a world-class oil and gas institute to train persons for the...
UAE to assist in oil and gas; high-level team meets Pres. Ali, othersSee full statement from the Office of the President below. His Excellency Dr Irfaan Ali Thursday afternoon met with his...
Oil and gas investors looking to establish regional offices hereInvestors in the oil and gas industry have signalled their interest to establish their regional headquarters in Guyana, according to...
