Oil & Gas

Preliminary works start for Gas to Power Project in Guyana ahead of FID

Feb 10, 2023

President of ExxonMobil Guyana, Alistair Routledge told a news conference yesterday that preliminary works have begun along the route of the pipeline in the West Bank Demerara. The Gas to Power project involves the construction…

Oil & Gas

Guyana and Suriname World Bank Representative Diletta Doretti To Speak At 2023 Energy Conference

Jan 11, 2023

The International Energy Conference and Expo Guyana 2023 is pleased to announce the participation of Diletta Doretti, Resident Representative for Guyana and Suriname at World Bank in Guyana, as a speaker at the second…

Oil & Gas

Hess says production in Guyana could reach 1.2m barrels per day by 2027

Jan 06, 2023

Speaking at the Goldman Sachs, Global Energy and Clean Technology Conference, CEO of Hess Corporation John Hess stated that the official figure for crude oil production from Guyana is estimated to be 1.2 million…

Oil & Gas

Guyana Opens Offshore Bid Round

Dec 09, 2022

Guyana President Dr. Mohamed Irfaan Ali has launched Guyana’s competitive bid round for 14 offshore oil blocks, comprised of eleven shallow water blocks and three ultra-deepwater blocks. Officially open today, December 9th 2022, the…

Oil & Gas

Trinidad and Tobago Prime Minister Dr Keith Rowley to attend second edition of The International Energy Conference and Expo Guyana 2023

Dec 09, 2022

The International Energy Conference and Expo Guyana 2023 today announced that the Prime Minister of Trinidad and Tobago, Dr. the Honourable Keith Rowley has confirmed his attendance and will deliver remarks on the opening day…

Oil & Gas

Hess Corporation and the Government of Guyana Announce REDD+ Carbon Credits Purchase Agreement

Dec 03, 2022

Hess Corporation and the Government of Guyana announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana.  …

Oil & Gas

CGX and Frontera set to spud Wei-1 and construction begins at deepwater port in Berbice

Nov 30, 2022

Canadian based CGX Energy along with Frontera Energy Corporation have indicated their readiness to spud (begin drilling) the Wei-1 well in the Corentyne block offshore Guyana. The partners have issued a press release stating…

Oil & Gas

BP International Limited selected to market Guyana’s share of crude

Nov 25, 2022

The Government of Guyana through the Ministry of  Natural  Resources has announced that BP International Limited has been selected to market Guyana’s share of petroleum from the Liza Destiny and Liza Unity floating production…

Oil & Gas

ExxonMobil Guyana renews sponsorship of Energy Conference for second edition in 2023

Nov 18, 2022

ExxonMobil Guyana renews sponsorship of Energy Conference for second edition in 2023 – Government welcomes the International Energy Conference and Expo 2023” says Natural Resources Minister The International Energy Conference and Expo Guyana 2023…

Oil & Gas

Guyana GDP growth rate to be highest in the world

Nov 14, 2022

According to estimates by the WorldBank and International Monetary Fund( IMF), Guyana, one of Latin America’s smallest countries is set to post the world’s highest GDP growth.  For several years, since the production of…