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...
Linden businessmen briefed on opportunities in oil and gas sectorLinden businessmen were on Monday briefed on investment opportunities in the country’s emerging oil and gas sector. The Georgetown Chamber...
Government pledges to guard against “sleaze and malfeasance” as Oil and Gas Conference opensThe Government of Guyana says it is uncompromising when it comes to avoiding “sleaze and malfeasance in public office,” concerning...
Oil & Gas Exhibition gets underway; World class base to be established at Crab IslandGuyana is looking to have a state-owned oil company by next year. The first Oil and Gas Conference and Exposition...
ExxonMobil Sets Record in High Performance Oil and Gas Reservoir ComputingSPRING, Texas–(BUSINESS WIRE)- ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary...
Gov’t refutes international article on writing of local oil and gas regulationsThe Natural Resources Ministry is refuting claims made in an article by International news agency ‘The Huffington Post’ published on...
18 Expressions of Interest received for establishment of onshore oil and gas facilityThe government has received a total of 18 Expressions of Interest in the establishment of an onshore oil and gas...
Oil and Gas Association launched; promises to promote equal benefits from industryWith a view to ensuring that the benefits reaped from the developing oil and gas industry benefits all, through advocacy,...
Potential sites for oil and gas industry’s onshore base identifiedThe Ministry of Public Infrastructure has identified several possible locations along the Berbice, Demerara, and Essequibo Rivers for the...
Guyana to establish an onshore oil and gas facilityThe Ministry of Natural Resources on Monday (September 05, 2016) announced Government’s intention to establish an onshore oil and gas...
Legislative and infrastructural changes to be made to facilitate development of oil and gas sectorThe government is receiving advice from international and Guyanese experts on the way forward in the oil and gas sector....
